Budget Cash Back Bonus Toolkit

What is the Budget Cash Back Bonus?

  • This is a unique offering, which you can add to your Budget policy that will financially reward you for your good claims record.
  • You'll start getting cash back after only 2 consecutive claim-free years.

How does the Cash Back Bonus work?

  • After 2 consecutive claim-free years, you'll receive 15% of the 2 years' premiums back in cash.
  • If you remain claim-free the next 2 years, you'll receive 10% back of those 2 years' premium.
  • You'll receive 10% of your premiums back of every consecutive claim-free year thereafter.
  • If you do submit a claim, your Cash Back Bonus will reset.

Claims that will not affect your Cash Back Bonus

Stolen:

  • Vehicle, if fitted with an approved tracking system
  • Money from client's home
  • Documents, coins or stamps

Stolen or damaged:

  • Garden furniture
  • Property of guests
  • Belongings of guests & domestic workers
  • Belongings on a moving truck

Expenses due to:

  • Veterinary emergencies
  • Medical emergencies
  • Fraudulent use of bank cards
  • Hole-in-one/Bowling full-house celebration round

  • Repairs to chipped windscreen

  • Fire-brigade charges, after a fire at the Insured home (Home Contents & Buildings Policies)

  • Rent to live elsewhere (Home Contents & Buildings Policies)

The Cash Back Bonus will only be active, if:

  • Your insurance policy remains active and all premiums are paid.
  • Your cover stays uninterrupted for the designated period before you're paid out.
  • You don't submit any claims that will affect your Cash Back Bonus (claims other than the list above) during this period.

Administration and Enquiries 0861 600 120

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Download the Budget App

As the insurer of choice for all Good South Africans, Budget brings you easy access to your policy at your fingertips.

You can now access your policy information and self-service capability easily via our app. Quick and simple emergency assist requests, and access to documentation - old and new - as you need it.

To download the app, scan the QR code below or search for it in your app store.

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