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Business Overheads Cover

Protect your business from the unexpected

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Business overheads insurance that keeps your business running

They say running a business is like raising a child – it needs constant care and attention to grow. But what happens when you need to step away to take care of yourself because of an illness, injury or a disability?

Investec Life’s Business Overheads Cover helps offset your business expenses while you recover, to ensure you can keep paying for things like rent, utilities, and even the salaries of your staff who rely on you. That way, you can focus on recovering, and still return to a thriving business.

Why choose Investec Life’s Business Overheads Cover?
Receive up to R150,000 per month in business expense support
Choose a deferred period of 7, 30 or 90 days
Get cover for 12 or 24 months per claim event

What is covered

Business overheads cover includes
Business overheads cover excludes

Business overheads cover includes

  • Rent or mortgage interest of the business premises
  • Interest portion of other debt repayments
  • Salaries of staff unable to generate turnover in absence of the Life Covered
  • Water, electricity, property taxes and levies
  • Regular maintenance services
  • Internet and telephone services
  • Instrument or equipment leasing costs
  • Accounting services
  • Insurance premiums
  • If a locum* is employed, the salary costs of the locum will be covered

*A locum refers to a person who stands in temporarily to fulfil the duties of another 

Business overheads cover excludes

  • The Life Covered’s income (Income Protection Cover can cover this)
  • Cost of stock, new furniture, and new instruments or equipment
  • Depreciation
  • Expenditure on assets
  • Drawing accounts
  • Salaries of staff who can generate turnover in the absence of the Life Covered
  • Retrenchment costs
  • All personal expenses not related to business expenses
  • Any payments to other persons or institutions who share the profits of the business

The video on this page contains factual information and should therefore not be regarded as financial advice.

Download our Business Overheads Cover brochure PDF 774.76 KB

Get a quote or apply now

If you are an Investec Private Banking client, you can get a quote or apply for our life insurance solutions via Investec Online or the Investec App. Simply navigate to the "Insure" tab in the main menu to get started.

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FREQUENTLY ASKED QUESTIONS

  • What is business overheads cover?

    Business overheads cover is insurance that helps pay your business’s essential running costs (like rent, utilities, and staff salaries) if you’re unable to work due to illness, injury, or disability.

  • Who is business overheads cover designed for?

    It’s ideal for professionals whose income drives their business, like doctors, lawyers, accountants, and small business owners. If your absence puts your business at financial risk, this cover is for you.

  • What does business overhead insurance cover?

    Investec Life’s Business Overheads Cover helps protect your business’s essential running costs if you’re unable to work due to illness, injury, or disability. This includes monthly expenses such as rent or mortgage interest on your business premises, utility bills, staff salaries for employees who can’t generate income without you, accounting and maintenance services, insurance premiums, and even the cost of employing a locum (a temporary professional replacement).

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Statutory information and disclaimer

Investec Life Limited, a member of the Investec Group, is a licensed Life Insurance Company (Reg.No. 1944/017130/06) and an authorised Financial Services Provider (FSP number 47702).

With the Protection of Personal Information Act in effect, please take a moment to review Investec’s Data Protection Statement so that you understand how Investec processes your personal information and the rights you have in relation to your personal information

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Statutory information

Investec Life Limited, a member of the Investec Group, is a licensed Life Insurance Company (Reg.No. 1944/017130/06) and an authorised Financial Services Provider (FSP number 47702). Terms and conditions apply.