iK Business Cover Waiting Periods & Applicable Excesses
This article outlines the waiting periods and applicable excesses for iK Business Cover.
| Claim requirements | Bronze | Silver | Gold | Platinum | Double Platinum | Diamond |
|---|---|---|---|---|---|---|
| Waiting periods | ||||||
| Device | Excess applicable in first 30 days of cover | |||||
| Stock, equipment and building | No claim within first 14 days of cover | |||||
| Personal Accident | No claim for 30 days for each new life on cover | |||||
| Excess | ||||||
| Device | R200 excess applicable in first 30 days of cover, After 30 days of cover, no excess is required. | |||||
| Stock, equipment and building | R2 000 | R2 000 | R5 000 | R5 000 | R10 000 | R10 000 |
| Personal Accident | No excess is applicable however the first R1 000 emergency expenses is not covered and must be paid by the Policy holder. | |||||
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