Discovery Business Insurance 2020 product update

Please take note of the following product enhancements that Discovery Business Insure has recently introduced:

MTN data cash back

Business insurance clients can get up to 50% cash back on their monthly data spend with MTN for managing their business risks well. To unlock this cash back, they must complete the Business Health Check and risk assessment.

Tiger Wheel & Tyre discounts

Clients can get up to 50% discount on any purchases at Tiger Wheel & Tyre, such as tyres, batteries and wiper blades, based on their Vitality Drive status.

Access to capital

Through the Discovery partner, Merchant Capital, clients can get a cash advance of up to 80% of their turnover (between R50 000 and R1 million) to assist them with cash flow during this time. In addition, clients can get up to 50% of their business insurance premium back, if they are in good standing on their cash advance repayments.

Dynamic Distance cash back

With Dynamic Distance cash back, clients can get rewarded with up to 25% of their motor premium back for driving less during the COVID-19 lockdown.

COVID-19 product enhancements

Their new COVID-19 enhancements give clients tailored cash back and peace of mind that their business will remain protected during lockdown, as they may be working remotely. These product enhancements are available to clients at no additional cost.

Enhanced cyber risk solutions

Clients get enhanced cyber risk solutions to protect their business against increased cyber risk exposure. They also get access to digital tools to enable them to work remotely. These benefits are especially useful now, during the COVID-19 pandemic.

Should you wish to learn more about these product enhancements, please do not hesitate to contact us.

Phone: 011 803 9686


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