Official source
Source domain: sasria.co.za
Collected on 22 August 2026
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Net Profit Insurance Coverage via Coupon Policy
This document provides a net profit insurance coupon that covers loss of net profit due to reduction in turnover or increase in cost of working following damage to premises. It is issued to insured businesses under a material damage policy and allows for claims based on defined financial losses.
NET PROFIT COUPON NET PROFIT BASIS COUPON NUMBER YEAR NP BI Replacing Coupon Policy No (where applicable)
Reference
https://sasria.co.za/wp-content/uploads/2026/08/20009-Annexure-32-Net-Profit.pdf
Amounts
R 500 000 000
VAT Input Deduction Eligibility Using This Policy
Insured businesses can claim VAT input deductions if they possess this policy document along with proof of premium payment, such as a bank statement, as recognized by SARS under the VAT Act.
In order to be eligible for a VAT input deduction, the insured must be in possession of this policy document together with proof of payment of the premium (e.g. bank statement).
