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Frequently asked questions

We understand that navigating the world of insurance can be complex. That’s why we’ve compiled a list of frequently asked questions to help you better understand our services and how we can support your business. Whether you’re seeking clarity on the different types of insurance we offer or need assistance with coverage options, we’re here to provide the answers and guidance you need.

What is Professional Indemnity (PI) Insurance, and do I need it?

Professional Indemnity Insurance protects you and your business against claims for professional negligence, errors, or omissions. If you provide professional services or advice, PI insurance is essential for managing the risks associated with your work, ensuring you are covered if a client holds you accountable for any financial loss caused by your services.

What is Public Liability Insurance, and who should have it?

Public Liability Insurance covers your business against claims for injury or property damage to third parties, such as clients or members of the public. If your business interacts with customers or the public in any way, this insurance is crucial to protect against potential lawsuits or claims.

Do you offer customized insurance policies for different industries?

Yes! At Kumkani Financial Services, we tailor our insurance solutions to meet the unique needs of businesses in various sectors, including financial services, construction, retail, manufacturing, and more. We ensure that your coverage is customized to protect your business from specific risks in your industry.

How do I know how much coverage I need for my business?

The right level of coverage depends on the nature of your business, its size, and the risks you face. Our experts will work closely with you to assess your specific needs and recommend the appropriate coverage to ensure your business is fully protected.

How can I request a quote or get more information?

Requesting a quote is easy! Simply visit our website or contact our team directly to discuss your insurance needs. We’ll provide you with a personalized quote based on your business requirements and ensure you receive the best possible coverage options.

Is Kumkani Financial Services authorized and regulated?

Yes, Kumkani Financial Services is a duly authorized financial services provider regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP number 51124. We adhere to all industry regulations to ensure you receive trustworthy and compliant insurance solutions.

About Us

Kumkani Financial Services (Pty) Ltd is a private company founded in 2020. We are duly authorised by the Financial Sector Conduct Authority (FSCA) as an authorised financial services provider, with FSP number 51124. Our company is headquartered in KwaZulu-Natal, South Africa, and provides Short Term Commercial Lines insurance solutions to businesses and commercial entities nationwide.

Kumkani Financial Services (Pty) Ltd Reg no. 2020/618270/07. An Authorised Financial Services Provider (FSP No. 51124).

Copyright © Kumkani Financial Services 2025, All Rights Reserved.

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