Cash Back Bonus


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The Barker Cash Back Bonus is our incentive-based programme that rewards you for managing your risk and NOT claiming. We started our “BARKER CASH BACK BONUS” scheme in 1992 (a world first) and to date we have made 17065 Personal Lines Barker Cash Back Bonus premium refunds totalling R41.6 million and 1410 Commercal Lines Cash Back Bonus premium refunds (from 2014) totalling R2.7mil to clients who qualify. Unlike other insurance companies, the BARKER BONUS is paid out annually.

Am I eligible to receive a Cash Back Bonus

The Cash Back Bonus is only applicable to BARKER PRIVATE CLIENTS, BARKER FLEET & BARKER COMMERCIAL insurance facilities underwritten by Hollard Insurance Company limited.

If you have not claimed on one or more of these policies between the 1st of NOVEMBER and the 31st OCTOBER the following year (12 months), you will be eligible to receive up to 20% of your annual premium back on Barker Private & Fleet Policies and 5% back on Barker Commercial Policies as a premium refund (calculation excludes broker policy fees, commission & SASRIA premium). The actual percentage each year will depend on the underwriting performance of these specific insurance facilities with Hollard Insurance.

Barker Bonus’s will be paid out by mid-November annually. Those eligible will receive an email and SMS notification of the payment being transferred directly into their account.

It pays to manage your risk

Your Barker Bonus will only be forfeited following the payment of ANY claim submitted for ANY incident where the incident date reported falls within the appropriate Barker Bonus cycle. Your Barker Bonus cannot be reinstated, even if a successful claims cost recovery is made. Should you decide to withdraw a claim in order to protect your Barker Bonus, your decision will remain final and cannot be altered should any subsequent claim be submitted. Cash Back Bonus payments are not pro-rated for new clients that join the Barker scheme in between the Cash Back period. Clients will only become eligible on the 1st of November the same calendar year.

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Motor claims occurring between 1st of November and 31st October:
Please note, in respect of liability to Third Parties, where we have not received an approach from the Third Party after 8 months, we have closed our file. Bear in mind, however, that the claim prescription period is 3 years. Should we receive an approach from the third party before the prescription period expires, any Cash Back Bonus paid to you will be refundable to us.