Protect My Business

PhiShield offers a range of cover from e-financial losses to cyber liabilities. Whether you're a small SME or a large corporate, we have a solution for you.

Funds Protect

Protecting your business against a loss of funds due to third party fraud

Funds Protect Business

Funds Protect Business is a focused insurance solution that covers financial losses from irrecoverable fraudulent fund transfers affecting business accounts. The policy provides protection when funds are lost through phishing scams, payment redirection, unauthorised EFTs, or hacking incidents — and cannot be recovered by your bank or third party.

Funds Protect Business
Funds Protect Plus

Businesses handling high-volume transactions or larger payment amounts face an increased risk of fraud-related fund loss. Funds Protect Business Plus is designed to assist companies that require higher cover limits, verified account control procedures, and accelerated claims processing to limit the financial impact of third-party fraud. The policy responds when funds are transferred — whether by authorised or unauthorised instruction — and are irrecoverable through the business's financial institution or payment provider.

Funds Protect Plus
Funds Protect Trust

Businesses that manage trust accounts carry not only financial responsibilities but also fiduciary obligations. Funds Protect Trust is a dedicated insurance solution designed to protect legal practitioners, property practitioners, and other custodians of trust funds from irrecoverable losses caused by cyber fraud, phishing, and unauthorised fund transfers. The policy ensures that a digital attack or fraud event does not compromise client relationships or regulatory compliance.

Funds Protect Trust

Cyber Protect

Cyber Protect Business

Cyber Protect Business is a cyber liability insurance product designed to help small and medium-sized businesses respond to and recover from cyber emergencies. The policy includes cover for financial loss, liability exposure, and incident management support — and incorporates Funds Protect as a standard benefit. Cover is tailored for businesses with a turnover of under R250 million, and is available at multiple limit levels depending on risk profile and sector.

Cyber Protect Business
Cyber Protect Corporate

Cyber Protect Corporate is a specialised cyber liability insurance solution built for large organisations with complex operations, multiple jurisdictions, or elevated risk exposure. The policy includes support for operational loss, system restoration, regulatory response, and liability cover — all backed by expert-led incident management. The product is suitable for businesses with annual turnover above R250 million, and can be customised to accommodate industry-specific requirements, group structures, and extended compliance needs.

Cyber Protect Corporate

Our Business Product Features

Funds Protect Business
Funds Protect Business
Funds Protect Plus
Funds Protect Plus
Funds Protect Trust
Funds Protect Trust
Cyber Protect Business
Cyber Protect Business
Cyber Protect Corporate
Cyber Protect Corporate
Core Protection Focus Fraudulent EFTs & online fund transfers High-value EFT fraud + stricter verification EFT fraud targeting trust accounts Cyber Emergency Cyber Emergency
Type of Funds Covered Irrecoverable funds from bank accounts Business Accounts Trust accounts Business accounts Business accounts
Authorised & Unauthorised Transactions (Sub-limited) (Sub-limited) (Sub-limited) (Sub-limited) (Sub-limited)
Cyber Extortion Protection (Sub-limited) (Sub-limited) (Sub-limited) (Sub-limited) (Sub-limited)
PCI Fines and Penalties
Business Interruption Cover (Sub-limited) (Sub-limited)
Regulatory Penalties & Legal Defence
Emergency Response Cost
Third Party Claims & Multimedia Liability
Cyber Response Team Access
Cover Limits Available R50k – R250k Above R250k up to R10m R50k – R10M Up to R50M Up to R50M as Primary
Turnover Eligibility No Limit No Limit No Limit Up to R100M Above R100M (corporates + public sector)
Excess Payable Fixed per structure Adjustable
Account Verification Requirement Not Mandatory Mandatory for cover > R250K Mandatory Cover Limit Dependant Mandatory
Application Complexity Simple Application Simple Application Simple Application Simple Application Bespoke underwriting and risk profile
Claims Processing Time 72 Hours for valid claims 72 Hours for valid claims 72 Hours for valid claims Breach severity dependent Breach severity dependent

Want to Know More?

This product is distributed through licensed insurance brokers. If you'd like more information:

Email: enquiries@phishield.com

Send an Enquiry