Important points to remember when you are in an accident involving a third party.
If you find yourself in this situation, don’t panic. Contact one of our risk advisors here to ensure that you are sufficiently covered in the unforeseen event of a third-party claim. . Although all possible care was taken in the drafting of this document, the factual correctness of the information contained herein cannot be guaranteed. This document […]
You may be charged an excess amount when you lodge an insurance claim
Make sure that you are financially prepared Did you know that insurers apply excesses to minimise claims for small losses? This is because the small losses incurred by most customers lead to high administrative costs, which would make insurance premiums unaffordable for everyone. In short, insurance can make the consequences of an unforeseeable loss more […]
SASRIA rates are increasing but we remain constant!
During the July riots of 2021 in KwaZulu-Natal and other parts of South Africa, wide-spread destruction of property meant that SASRIA had to pay out a very large amount of money in insurance coverage to affected businesses. This has led SASRIA to increase their rates from the 1st of February 2022. These increases particularly affect […]
Tariffs increasing, yet Sasria remains the only option for insurance against riots
The insurance industry was recently shocked by the announcement that the South African Special Risk Insurance Association (Sasria) are due to drastically increase their rates from 1 February 2022. According to Sasria they were forced to review their rates after the July 2021 riots. These drastic rate increases pose a big challenge as they will […]