Tax Risk Insurance cover is available as a step-in and a stand-alone, individually underwritten product. T&Cs apply.
Standalone products
Offering individuals and companies high levels of cover at affordable premiums.
An on-line portal is available to add to your website.
Insurance Options
Personal
R100,000
cover
from *R235 p/m
Business
R250,000 cover
from *R249 p/m
Trusts
R250,000 cover
from *R199 p/m
*Terms and Conditions apply.
Step-In Products
Add to commercial and personal policies – lower premiums, no up-front underwriting with cover.
Available on all broker administration systems.
Insurance Options
Personal
R50 000
cover
From *R43 p/m
Commercial
R110 000
cover
From *R100 p/m
*Terms and Conditions apply.
Each taxpayer must
have his own policy
HOW WE HELP YOUR CLIENTS
We offer individuals, business owners and trusts immediate expert assistance from unfair or incorrect tax re-assessments that often come with being selected for a SARS' tax audit.
We guarantee:
Affordable premiums
Easy to understand cover
Cover is retrospective - no waiting periods
Access to South Africa’s top tax specialists/ lawyers
Once policy is active - assistance no matter how far back SARS reassesses
Fair tax treatment and audit outcomes
Your accountant’s fees are covered for services during the claim
Can claim more than once a year
Experts to assist you when there is an unexpected SARS’ tax audit and related disputes
Fixed indemnity limits so you know what you have available
Your clients need to know that:
- Being tax compliant or having a great accountant is not guaranteed protection against a SARS tax audit.
- SARS is under pressure to meet targets leading to increased audits.
- A tax accountant cannot defend them in court.
- SARS doesn’t always follow procedures and timelines.
- Taxpayers are at risk as they don’t usually understand their rights.
- Many tax assessments are irrational but the taxpayer pays the cost of an audit even if SARS is incorrect.
- Where things go wrong, SARS must be engaged legally.
- Cost to defend against a tax audit is financially debilitating.
Become a Tax Risk Insurance Broker
Like our product and want to know more? Fill in your details below and we’ll contact you shortly.
Why become a Tax Risk Insurance broker?
Partner up with Tax Risk Underwriting Managers and receive fantastic benefits, with our one-of-a-kind insurance product and extremely low pricing. Here’s how we can help you and your clients:
Affordability
Affordable premiums mean your clients get the cover they need.
Availability
Product available on multiple administration platforms.
Easy to understand
Tax Risk Insurance is simple and easy for clients to understand.
Training and Marketing Support
Giving you the right assistance when you need it.
Easy Claims Process
We will assess the claim and notify you when your claim is approved.
Get the Competitive Edge
Offer your clients the best protection against SARS' tax audits.
Product structure
Giving your clients the cover they can afford – Tax Risk Insurance is available as a standalone or step-in.
Simplicity
One-page application and claim form.
Tax Risk Insurance online portal
As a broker, you want to ensure your services are easily accessible to your clients. Tax Risk has an online portal which you can host on your website. What does this mean?
- applying for a tax risk policy has never been easier– no having to fill in manual application forms
- policy activation takes a few minutes
- portal is linked to your broker code so the client and commission is automatically allocated
- You will be listed as a broker partner on our website with direct link to your website
If you wish to host the Tax Risk Insurance online portal on your website, please contact us on info@taxrisk.co.za so we can set it up.
Example of the Tax Risk online portal
