DocumentNot applicableRegulation
2026 Material Damage Section
SOUTH AFRICAN SPECIAL RISKS INSURANCE ASSOCIATION (Sasria Soc Ltd)Ref: https://sasria.co.za/wp-content/uploads/2026/09/Material-Damage-Section.pdf
Official source
Source domain: sasria.co.za
Collected on 29 September 2026
Always confirm details on the official source before acting.
What this means
This document is a Sasria material damage regulations manual covering which underlying policies and risks are included and how material damage coupons must be issued. It explains that extensions are not automatically included, and that they require an increased Sasria sum insured, an additional premium and an attached breakdown schedule. It also requires a separate Material Damage Coupon for the applicable covers.
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 coverNot applicable
Sasria Material Damage Coupon
A Sasria Material Damage Coupon can be issued alongside an underlying policy for listed material damage, agricultural and personal-lines covers. Additional extensions can be included by increasing the Sasria sum insured, charging the relevant premium and attaching a schedule of the additional covers.
- Who it is for
- Holders of underlying commercial, agricultural or personal-lines insurance policies
- How to act on it
- Arrange the underlying policy through an insurance intermediary, identify the applicable covers and extensions, calculate the Sasria sum insured and premium, and have a separate Material Damage Coupon issued with the required schedule attached.
Show the line this came from
The Policy referred to above is called an “underlying” policy. A Sasria Material Damage Coupon is issued in this instance.
Facts
Reference
https://sasria.co.za/wp-content/uploads/2026/09/Material-Damage-Section.pdf
Key Takeaways
- SOUTH AFRICAN SPECIAL RISKS INSURANCE ASSOCIATION (Sasria Soc Ltd)
- Material Damage Section
- Sasria Material Damage Coupon
- Underlying policies include FIRE, BUILDINGS COMBINED, OFFICE CONTENTS, GLASS, BUSINESS ALL RISK, ELECTRONIC EQUIPMENT, PERSONAL ALL RISKS, HOUSEHOLDERS and HOUSEOWNERS
- Extensions require an increased Sasria Sum Insured and an additional premium
- A separate Material Damage Coupon must be issued
- VAT Reg. 4140119340
- SOUTH AFRICAN SPECIAL RISKS INSURANCE ASSOCIATION (Sasria Soc Ltd)