All about Hoot

Innovation Group Logo

Hoot Cover is powered by Innovation Group – a global leading insuretech business. Innovation Group delivers transformational expertise to the world’s leading insurers, brokers, fleet managers and automotive manufacturers, helping them to open new growth frontiers with revolutionary solutions.

Illustration of orange sedan and lady in orange dress

We offer:

Easy and in control

Flexible and affordable

Digital and hassle-free

Empowering knowledge

Hoot Cover is powered by Innovation Group who globally represents

ACTIVE POLICYHOLDERS
m
POLICY SALES PER MONTH
K
CLAIMS PROCESS PER MONTH
K
YEARS SERVING THE SA MARKET
+

Partner relationships

Affiliations

Hoot Cover is a product of Innovation Group Services (Pty) Ltd. Innovation Group is the administrator of Service Plan Products.

Financiers

Innovation Group Distribution FSP No. 49095 administers products for financiers in South Africa.

OEMs

Innovation Group with FSP No. 21468 administers products for 8 original equipment manufacturers in South Africa.

We drive the yes

Yes to adventures freedom the future real value a simpler way to do things honesty and transparency an innovative approach to mobility products peace of mind while on the road

Hoot cover logo

Hoot Motor Plan

3 Levels of Cover to Choose From

R35,000 Cover
R386/month
R50,000 Cover
R498/month
R75,000 Cover
R665/month
Disclosures

The Insurer (Product Supplier)
The Insurer underwrites the benefits of your Policy. Your Policy conforms to the requirements of the Short-Term Insurance Act 53 of 1998 (as amended) and in no way detracts from your legal rights.

Guardrisk Insurance Company Limited
Reg. No. 1992/001639/06
FSP No. 75
The Marc, Tower 2, 129 Rivonia Road, Sandton, 2196

Complaints

Email: complaints@hootcover.co.za
Tel: 0861 02 4668

Compliance

Tel: (011) 669-1104
Email: compliance@guardrisk.co.za

You can access Guardrisk’s Complaints Resolution Policy at: www.guardrisk.co.za or email: complaints@guardrisk.co.za. You can access Guardrisk’s Conflict of Interest Management Policy at: www.guardrisk.co.za.

Intermediary

Hoot™ will provide all disclosures as part of your onboarding process, which will also be available in your self-service area. If you purchased the Policy through an intermediary, you should be provided by the intermediary with the details of the premiums, commissions and any monetary obligations assumed by you directly or indirectly when buying your Policy.

The Administrator

HootTM is a product of Innovation FSP (Pty) Ltd, a licensed Financial Services Provider for the purposes of the Financial Advisory and Intermediary Services Act 37 of 2002, FSP No. 21468.

Innovation FSP (Pty) Ltd
Reg. No. 1997/005662/07
VAT No. 4360174033
FSP No. 21468
155 West Street, Sandton, Johannesburg2194
Web: www.innovation.group
Tel: 0860 21 0007

Innovation Group FSP and Innovation Group distribution are authorised Financial Services Providers in terms of the FAIS Act and are entitled to render intermediary services relating to short-term insurance category 1 in respect of personal and commercial lines. Innovation Group FSP and Innovation Group distribution, which have contractual relationships with different Insurers, hold professional indemnity and fidelity guarantee insurance.

Conflict of Interest

HootTM has adopted a conflict of interest policy, which is set out on our website: www.hootme.co.za/conflicts.

Fees and Commissions payable

Hoot Engine Mobility
Regulatory Binder Fee (Administrator)
12.5%
Regulatory Commission
12.5%
Total Premium
As Per Schedule

All premiums and commissions include VAT at ruling rate.

The premium amount due by the Insured is payable in advance for the cover period.
The fees and commissions are paid by the Insurer.