DocumentOngoingPublication

20009 Voluntary Deductible

SOUTH AFRICAN SPECIAL RISKS INSURANCE ASSOCIATION (Sasria Soc Ltd)Ref: https://sasria.co.za/wp-content/uploads/2025/04/20009-Voluntary-Deductible.pdf

Official source

Source domain: sasria.co.za

Collected on 13 July 2026

Always confirm details on the official source before acting.

What this means

This document is a “Voluntary Deductible Endorsement” that attaches to and forms part of a specific Sasria SOC Limited coupon/policy. It states that, from the effective date, the insured will be responsible for the first R (amount to be completed in the document) of each and every claim during the policy period, and that this provision cannot be cancelled during that period. It also provides for a discount off the premium (percentage to be completed) and notes that for “One Insured” cases the discount is deducted after the First Loss Discount. The endorsement is signed on behalf of Sasria SOC Limited and countersigned by an Executive Manager for the agent/UMA, with signature/date fields to be completed.

What this document offers

Read out of this document by Govermate's AI, in its own words. Each one quotes the line it came from — confirm on the official source before acting.

insurance policy modificationOngoing

Voluntary Deductible Endorsement

The insured can choose to accept a voluntary deductible, meaning they will pay the first amount specified (in Rands) for each claim during the policy period. This choice results in a discount on the premium. The deductible cannot be removed during the policy period.

Who it is for: insured individuals or entities holding a Sasria SOC Limited coupon/policy
How to act on it: The endorsement is attached to the existing policy; no separate application is required. The insured must agree to the terms as part of their policy coverage.

Show the line this came from

In the name of It is hereby declared and agreed that with effect from The Insured will be responsible for the first R in words) of each and every claim during the period of insurance as stated on the abovementioned Coupon/Policy.

Facts

Reference

https://sasria.co.za/wp-content/uploads/2025/04/20009-Voluntary-Deductible.pdf

Key Takeaways

Document type: Voluntary Deductible endorsement attaching to a coupon/policy
Applies to: Coupon/Policy number (field: 'Coupon/Policy no')
Effective date: 'with effect from' (field to be completed)
Deductible responsibility: insured responsible for first R (field to be completed) of each claim
Duration: cannot be cancelled during the policy period stated on the coupon/policy
Discount: percentage discount off premium (field to be completed)
One Insured cases: discount deducted after the First Loss Discount
Insurer/issuer: Sasria SOC Limited
Signatures: signed on behalf of Sasria SOC Limited; countersigned at place/date by Executive Manager for Agent/UMA
Contact details included: Tel +27 11 214 0800 / 086 172 7742; Fax +27 11 447 8630 / 086 172 7329; address 36 Fricker Road, Illovo, 2196; P.O. Box 653367, Benmore, 2010; email contactus@sasria.co.za; website www.sasria.co.za
Company identifiers: Reg. No. 1979/000287/30; FSP License No. 39117
Sasria SOC Limited
Executive Manager
Agent/UMA