Close search

MiWay Business Insurance

Table of Contents
SME Reviews 2
Introduction

MiWay Business Insurance is a South African direct insurer offering short-term business cover. It lets SMEs build a policy around their needs, from insuring assets and stock to liability and business interruption, dealing directly with the insurer.

Who it suits

MiWay fits an owner who prefers to arrange cover directly and wants a customisable business policy from an established local insurer.

What you get

  • Cover for business assets, stock and equipment.
  • Public and product liability options.
  • Business interruption cover to protect income after an insured event.
  • Direct-to-insurer service and claims.

Pricing

Premiums are entirely quote-based, depending on your business, its risks and the cover you choose. Get a tailored quote rather than assuming a standard cost.

Our take

MiWay is a solid direct option for business cover. Because insurance is so specific to your risks, it pays to compare a few quotes. Learn the basics of business insurance first, and see how a comparison-led option like Youinsure can help you weigh policies.

Compare business insurance

Related: Business insurance explained  ·  Youinsure  ·  More business tools

Main Features

Property and Contents Coverage: MiWay’s insurance protects against damage or theft of premises, stock, machinery, furniture, and tools.

Business Interruption Insurance: MiWay business insurance covers loss of income, rent, and salaries if an event stops operations.

Commercial Vehicle Insurance: MiWay protects vehicles, including fleets and trucks, from theft, hijacking, and accidents.

All Risk Cover: MiWay offers all risk cover to ensure items used outside the office or transported regularly are insured.

MiBusiness Assist:  A value-added service offering legal, tax, and administrative support. 

E-Hailing Insurance: MiWay’s e-hailing insurance protects the driver and passengers from theft, accidents and hijacking.

Pricing

The cost of your business insurance cover will depend on the type of cover that you choose. Here are four factors that affect the price; type of business, business size, number of employees, location and claim history. 

Pros and Cons

Pros

MiBusiness assist
Comprehensive vehicle coverage
Portable All-Risk cover

Cons

No clarity on cost or additional fees
Add-ons might make cover more costly
FAQs

You can file a claim online through your MiWay account, by calling their claims hotline, or by emailing their claims department. The specific contact details will be provided in your policy documents.

Yes, MiWay’s Goods-in-Transit cover protects your stock, tools or materials against theft, hijacking, accidental damage and more while they’re on the move – whether you’re using your own vehicles, couriers or subcontractors.

There’s no standard price because every business is different. MiWay gives you a quick, personalised quote based on your actual risks and needs.

Yes, in most cases you can contact MiWay to discuss modifying your coverage options during your policy period. There may be additional costs associated with adding coverage, and any removals might require a recalculation of your premium.

MiBusiness Assist is an extra business support service (available as a fixed-premium add-on). It helps SMEs with legal documents, labour advice, licence disc renewals, traffic fine support, tender notifications, marketing help and even medical emergency care – all designed to cut admin headaches and operational costs.

Compare Quotes
LOGIN to Compare Quotes

Already a Member? Click here to access your unique redemption code

OR

Create SME Hub Account

Join the SME Hub Community in 30 seconds to qualify

Lead - Business Insurance

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .