Official source
Source domain: sasria.co.za
Collected on 13 July 2026
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Voluntary deductible selection
Insured entities may choose to pay a fixed amount out-of-pocket for each claim, in return for a discount on their premium. The deductible amounts range from R1 million to R10 million, with corresponding premium discounts from 5.0% to 27.5%. This cannot be combined with co-insurance and requires a separate policy.
The Insured may select to incur a Voluntary Deductible. This Voluntary Deductible would be applicable only to the Coupon or Policy on which it is issued, and have no effect on any other Sasria Coupon or Policy issued to the Insured.
Reference
https://sasria.co.za/wp-content/uploads/2025/04/Discount-Section.pdf
Amounts
R 1 000, R 2 000, R 3 000
Magnitude Discount for Contract Works Risks
Specific contract coupons are eligible for magnitude discounts based on the size of the contract. The discount is calculated separately for each contract and must follow defined rules, including proper documentation and adherence to the contract period.
1a. Contract Periods 1b. Calculation of the Magnitude Discount (Applicable to Specific Contract Coupons only)
Co-insurance arrangement
Insured entities can agree to self-insure a portion of any loss in exchange for a reduced premium. Sasria will be liable for a specified percentage of the loss, with the insured responsible for the remainder. The premium is reduced accordingly. This arrangement must be formalized using Annexure 22 or Annexure 22 A.
It is hereby noted that the Sasria be liable for % of any loss hereunder the Insured having agreed to be his own insurer for the difference i.e %
