Products & Services
All Diamond Risk Solutions
Short Term Insurance
Short Term Insurance
Our Product Overview
At All Diamond Risk Solutions, there is so much that we do as we offer a comprehensive and extensive range of insurance products and services. These products and services fall under one of the main categories of our business.
- Group life insurance
- Credit life insurance
- Group funeral insurance
- Short term insurance
- Long term insurance
Short Term Insurance
- Commercial Lines
- Personal Lines
- Construction Guarantee
- Industrial and Engineering Insurance
- Public Liability
- Debit Order System
- Easy pay Platform
- Performance Guarantee
- All Risk Insurance
- Advance Guarantee
- Property loss and Damage
- Car insurance
- Specialist Insurance
- Marine Insurance – Credit Insurance
- Vehicle Accident
- Vehicle Theft
If you are not sure whether or not we will be able to assist you, please ask for more information and we will assist you right away. Simply email us on info@alldiamondsolutions.co.za or call us on 010 023 1687. Alternatively, you can use the WhatsApp function on our website
As one of our clients, all your aspects are carefully considered and taken into account when tailoring a package. All Diamond offers specialist Short Term Cover in the following areas of Risk to cover your business.
Guarantees Cover
All Diamond Risk Solutions (Pty) Ltd via their strategic alliances and long term relationships with insurers are well positioned to offer a number of guarantee options to fulfil an ever increasing demand from employers to minimize risk.
Guarantees include but are not limited to:
Specialized Risk Cover
We offer comprehensive specialised risk packages which include Alternative Risk Transfer (Aggregate Excess Funding), Construction and Engineering, Professional Indemnity, Guarantees (Engineering & Financial) and Broadform Liabilities
Bid Bonds
Firstly bid bonds are required in connection with the submission of tenders of contracts with the public authorities and or private owners. The object is to guarantee that the Bidder (Contractor), if awarded the Contract will enter into the said agreement and furnish the prescribed Performance Bond.
Performance Guarantees
A Performance Bond is required of a Contractor to guarantee the full and due performance of the Contract according to plans and specifications.
Maintenance Guarantees
The normal coverage provided by a Maintenance Bond is a guarantee against defective workmanship or materials after completion. However, Maintenance Bonds sometimes incorporate an obligation guaranteeing “efficient or successful operation “or other obligations of like intent and purpose. These maintenance guarantees are also admitted in place of the retainer of up to 10%.
Retention Monies Guarantees
In essence this type of Bond is similar to the Maintenance Bond and basically covers the same parameters.
Advance Payment Guarantees
This type of Construction Bond is mainly utilized for construction sites outside of South Africa. This type of Construction Bond would be issued in the case where the Employer is pre-financing a Contractor by advance payment on the Contract; he may secure the repayment of the advance using this bond.
The amount guaranteed should decrease in accordance with the portions of work performed. Usually, this is reflected by a fixed percentage in the monthly bills. These are only issued in connection with Performance Guarantees.
Goods in Transit Cover
Marine/land imports, exports, general transit, small craft and advance loss of profits
General Short-Term Cover
A full spectrum offering of short-term cover including material damage, accidents, consequential loss, liability, transit, buildings combined, fire, motor and domestic insurance.
Commercial Insurance
Products / Services offered:
- All Short Term Insurance Requirements
- Alternative Risk Transfer
- Global Insurance Buying
- Risk Management Advice
- Specific Niche Products
- Risk Funding Advice and Management
- Individualised Corporate Solutions
Engineering Insurance
Products / Services offered:
- Civil Engineering Project Insurance
- Construction All Risks Cover
- Erection all risks
- Professional Indemnity
- Mining
- Guarantees
- Machinery Breakdown
- Plant
- Renewable Energy Products
Supplier Surety
There is an increasing demand for supplier guarantees within the construction industry e.g., provision of steel and building material to contractors and other players in the industry. Credit insurance policies are currently available in the market for buyers only and not for suppliers.
Funeral Insurance
All Diamond Risk Solutions funeral insurance covers the cost of the funeral for the whole family at an extremely affordable rate of R85.00 per month. Cover for additional family members is available at an additional amount which can be requested at any time. We also offer foreigner funeral plans. Contact us for more information or for a quotation.
You work extremely hard for what you have so protect it with people that care. For more information on any one of our products or to schedule a meeting send an email now to info@alldiamondsolutions.co.za or call us on 010 023 1687 and we will do our very best for you.