Comprehensive Legal Liability Coverage for South African Small Businesses
As a small business owner, you already face enough challenges—unexpected legal liabilities shouldn't be one of them. The last thing you need is a costly setback that could threaten everything you've worked so hard to build.
That’s why OLEA SureThing, South Africa's first all-in-one, all-risk legal liability cover for small businesses, is here to help. We provide comprehensive protection, eliminating the hassle of juggling multiple policies. With SureThing, you gain peace of mind, knowing you're covered from every angle—at a price that works for your budget.
With three tailored SureThing policies, we ensure you only pay for the coverage your business needs. Whether you’re a family-run enterprise, a tech startup, a one-man operation, or skilled artisans with less than R20 million turnover, our 3rd Party liability solutions offer affordable, reliable protection. Starting from as little as R450 per month, you’ll receive quick and seamless coverage no matter your industry
Protect your passion, focus on growth, and leave legal risks to us. Choose SureThing today.
Our standard SureThing Policy
- R2,5 million limit on individual claims, with an annual aggregate cap of R5 million.
- Excess: R10 000
- Premium: R1 000 a month = R12 000 annual premium.
Lower premiums and claim limits, perfect for one-man operations, for example personal trainers.
- R1 million limit on individual claims, with an annual aggregate cap of R2 million.
- Excess: R5 000
- Premium: R450 a month = R5 400 annual premium.
Extended cover based on individual needs, and offering extended Public Liability Cover of R20 million.
- Premium: *R850 pm
- Top-up on existing SureThing Policy
Click here to access video for more insight into the product.
Explore our portal for everything you need to make the best choice before requesting a quote!
- Step 1: Learn more on our portal about pricing, features, and benefits.
- Step 2: Once you're ready, request a personalised quote in seconds!
FAQs
Yes, but the third party liability portion only. Business interruption and forensic costs are not included. Contact OLEA SA for more information on this. Claims for third party data loss and breach of privacy are covered.
Incidental medical malpractice (first aid) is included, but we don’t provide Medical Malpractice for healthcare professionals. Contact OLEA SA for this specialist cover.
Yes
Legal representation costs for a dispute are covered up to the sub-limit of R 250 000.
The policy will provide the costs for legal representation to assist the insured up to the sub-limit of R250 000.
Yes, up to the sub-limit of R 250 000, provided the enquiry or hearing arises directly out of the conduct of the business.
The SureThing policy does not cover business debts. It covers legal liability arising from a wrongful act on the part of the business – not debts incurred as part of commercial transactions
SureThing does not cover the business’s own loss, known as a first-party loss. It only covers liability to third parties arising from a wrongful act.
Commercial crime and staff theft are considered first-party losses suffered by the business, not a third-party liability. As such, the SureThing policy does not cover it.
If your product does not do what it is supposed to or fails, and a pure financial loss is caused, there is no cover. Product recall is also not covered.
The policy auto-renew each year at the same policy terms and conditions, unless there is a claim, or the business no longer falls within the criteria and does not qualify for the policy. An inflationary increase in premium may be applied on 30 days’ notice.
No problem! Whatever the shape and size of your business, if you need indemnity that exceeds the SureThing policy limits, simply ask OLEA South Africa for a list of product offerings. If you need it covered, we have the policy to do it.