SASRIA Insurance, Explained

Sasria refers to the South African Special Risks Insurance Association. According to the Sasria website, Sasria is “a state-owned company and the only short-term insurer that provides cover to all the people and businesses that have assets in South Africa, as well as to government entities, against special risks such as civil commotion, public disorder, strikes, riots and terrorism.” SASRIA also states that “South Africa is one of the few countries in the world where anyone is able to buy extremely affordable insurance to protect their assets against these kinds of special, and potentially catastrophic, risks.”

Sasria does not do direct business with the public, but is most likely included in your insurance cover, whether it’s home or business insurance. Refer to your Coversheet if you are unsure as to whether you are covered or not.

• overthrow or influence the government, or any provincial, local or tribal authority with force, or by means of fear, terrorism or violence
• bring about loss or damage in order to further any political aim, objective or cause, or to bring about any social or economic change, or in protest against the government, or any provincial, local or tribal authority, or for the purpose of inspiring fear in the public
• bring about any riot, strike or public disorder

and (2) the act of any lawfully established authority in controlling, preventing, suppressing or in any other way dealing with any occurrence referred to above.

• looting and theft, unless caused by any of the covered events mentioned above
• property being dispossessed or confiscated by any lawfully established authority
• the stopping or deliberate slowing down of work
• any act of terrorism involving the threat of or actual use of any nuclear weapon or device and/or the threat of or actual use or release of any chemical or biological agent