Decentralisation for natural catastrophes
Official source
Source domain: sasria.co.za
Collected on 5 July 2026
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What this means
What this document offers
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Tertiary Institution Cover (material damage) for tertiary institutions
Sasria offers Tertiary Institution Cover as material damage cover for tertiary institutions (Universities, colleges, TVET institutions, and private higher education) to protect against loss or damage caused by Sasria-defined perils, attaching to the institution’s underlying material damage/fire policy.
- Who it is for
- tertiary institutions (Universities, colleges, TVET institutions, and private higher education)
- How to act on it
- Arrange cover through Sasria so it attaches to the institution’s underlying material damage/fire policy (contact Sasria for details).
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Material Damage cover for tertiary institutions (Universities, colleges, TVET institutions, and private higher education), ensuring protection against loss or damage caused by Sasria-defined perils.
Primary Cover (municipal assets) up to R500 million
Sasria offers Primary Cover to protect municipal assets against unexpected physical loss or damage caused by service delivery protests, public unrest or civil disruptions, with protection of up to R500 million during the insured period.
- Who it is for
- municipalities (municipal assets)
- How to act on it
- Use Sasria’s offerings information and contact Sasria for cover details (the page provides contact details and links to rates/claims resources).
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Our Primary Cover protects assets up to R500 million, protecting your municipal assets against the unexpected.
Cover for mayors and councillors’ private homes (under municipal fire policy)
Municipalities may include the private homes of mayors and councillors under their municipal fire policy, with a flat rate premium of R54 per annum (R5.40 per month) per house, a maximum indemnity limit of R1.5 million per house, and contents cover up to 30% of the property value (within the R1.5m limit). This is only available during the official term of office of Mayors and Councillors.
- Who it is for
- mayors and councillors (via municipalities’ municipal fire policy)
- How to act on it
- Municipalities include the private homes of mayors and councillors under their municipal fire policy during the official term of office (contact Sasria for implementation details).
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Cover for Mayors and Councillors: Municipalities may include the private homes of mayors and councillors under their municipal fire policy, subject to the following: Flat rate premium: R54 per annum (R5.40 per month) per house Maximum indemnity limit: R1.5 million per house Contents cover: Up to 30% of the property value (within the R1.5m limit) Cover is only available during the official term of office of Mayors and Councillors.
Municipal Cover (MUN) material damage cover for municipalities
Sasria provides Municipal Cover as material damage cover under the Municipal (MUN) rating category for metropolitan, district, and local municipalities, attaching to the municipality’s underlying fire policy.
- Who it is for
- metropolitan, district, and local municipalities
- How to act on it
- Arrange cover through Sasria as it attaches to the municipality’s underlying fire policy (the page provides contact details and links to rates/claims resources).
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Material Damage cover under the Municipal (MUN) rating category for metropolitan, district, and local municipalities. This cover attaches to the municipality’s underlying fire policy.
Wrap excess of loss product cover (total cover up to R1 billion)
Sasria offers a Wrap excess of loss product cover that protects assets up to R500 million in excess of the primary cover, providing a total cover of up to R1 billion to safeguard businesses against unexpected losses.
- Who it is for
- businesses that want cover in excess of primary cover
- How to act on it
- Use Sasria’s offerings information and contact Sasria for cover details (the page provides contact details and links to rates/claims resources).
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Wrap excess of loss product cover protects assets up to R500 million in excess of the primary cover, providing a total cover of up to R1 billion to safeguard businesses against unexpected losses.
Facts
Reference
https://sasria.co.za/2026/02/24/the-catastrophe-paradox/?utm_source=rss&
Amounts
R 500, R 1
Key Takeaways
- policy
- February 24, 2026
- May 27, 2026
- R500
- R1
- catastrophe
- paradox
- decentralisation
- natural
- catastrophes
Dates
Closing Date
24 February 2026