What is Third Party Car Insurance?

As a business owner, you have an obligation as stated by that law, to ensure your commercial and private vehicles are covered for third party liability.

Our Third Party Car Insurance can either be purchased on its own or as an addition to your comprehensive vehicle cover, which includes material damage, and loss to your vehicle. This Third-Party Car Insurance provides a comprehensive plan for your business, to protect it against any costs and expenses you may find yourself liable to pay. This liability will be due to an accident caused by, or in connection with, an insured vehicle.

Hollard Botswana’s Money Insurance offers your organisation comprehensive cover against the loss of money resulting from theft by a third party, not closely associated with your business.

Third-Party Car Insurance covers:

• Death or injury to the third party concerned
• Damage to the property of the third party concerned

This Money Insurance policy includes:

Refresh-Link will insure all vehicles under the categories of commercial, private, buses and trailers.

Special exclusions and conditions apply.

What is Professional Third Party Car Insurance?

Refresh-Link offers Professional Liability Insurance to protect your business from any legal liability awarded to a third party for loss, damage, injury or death, deemed to be a result of negligence relating directly to your business.

You can take out this Public Liability Insurance with one or more of the following included:

• General Tenants Liability
• Employer’s Liability
• Professional Indemnity
• Directors and Officers Liability

General Tenants Liability

This aims to cover financial losses that you may become liable for. These are losses that may arise from physical injury or damage to third party property or person, caused by yourself or anyone involved in your business. This particularly applies when the incident takes place at your company’s premises or at the customer's location if work away has been specified.

These insurance claims generally don’t include errors that may occur at the time of delivery or regarding any professional service to the customers. However, this could be included if specified upfront.

Employer’s Liability

This provides cover for you and your business should a related legal liability arise. These liabilities are mainly for compensation for death, injury or illness of an employee.

Professional Indemnity

This provides liability insurance on any damage or expense in the breach of professional duty.

Your professional duty is defined as the advice given, services performed and duties undertaken as part of your profession within a particular role with the company.

Directors and Officers Liability

Directors and Officers (D&O) Liability protects your businesses against claims made in accusation of a wrongful act committed at a professional level of a directorial position in the company.

This cover includes any costs applicable before the final resolution of a claim, and settlements in connection with that particular claim. This excludes penalties which may have been imposed by law, and any civil or criminal fines.