Partner of FINSO an authorised financial service provider
Finso is contracted with three Medical Aid Companies under which are, Discovery, Momentum and Fedhealth.
We are dedicated to give our clients fast, effective and transparent advice, not only at renewal stage, but throughout the year, whether it is with admissions, claims or childbirths, we are there for you 365 days of the year. No more tiring, endless hours spending time on the phone with call centres, we have got you sorted.
Finso offers Pension Funds, Provident Funds, Death and Disability as well as funeral benefits for employees, and partners with Old Mutual and Momentum.
Once you have great employees on board, how do you keep them from jumping ship? One way is by offering a good benefits package.
Many small-business owners mistakenly believe they cannot afford to offer benefits. But while going without benefits may boost your bottom line in the short run, than penny-wise philosophy could strangle your business's chances for long-term prosperity.
Heading the list of must-have benefits is medical insurance, but many job applicants also demand a retirement plan, disability insurance and more. Tell these applicants no benefits are offered, and often top-flight candidates will head for the door.
The positive side to this coin: Offer the right benefit, and your business may just jump-start its growth. "Give employees the benefits they value and they'll be more satisfied, miss fewer workdays, be less likely to quit, and have higher commitment to meeting the company's goals." "The research shows that when employees feel their benefits needs are satisfied, they're more productive."
Furthermore all employers should take into account that the Employment Act has a Wellness Policy in place that specifically refers to Financial Wellness of employees, thus employers should gear themselves, for this in the near future is going to become mandatory.
PI & FIDELITY INSURANCE
Finso offers PI & Fidelity cover, and partners with Mutual & Federal, Camargue, SHA, ONE and Quantum Liability.
PI cover protects a business against claims for loss or damage by a client or a third party if you have made mistakes or are found to have been negligent in some or all of the services that you provide for them. PI insurance will also cover legal costs. PI Cover thus provides cover when a claim is lodged against an FSP or its employees for restitution when a client has suffered losses or damages as a result
Fidelity Insurance provides cover in the event that (a) a company incurred losses as a result of theft or other acts of dishonesty by its employees. (b) Fidelity insurance protects organisations from loss of money, securities, or inventory resulting from crime. Common Fidelity claims allege employee dishonesty, embezzlement, forgery, robbery, safe burglary, computer fraud, wire transfer fraud, counterfeiting, and other criminal acts. (c) Liabilities covered by crime insurance usually fall into two categories, although many policies combine both types of coverage: i. money and security coverage pays for money and securities taken by burglary, robbery, theft, disappearance and destruction. ii. Employee dishonesty coverage pays for losses caused by most dishonest acts of your employees, such as embezzlement and theft