Category - Insurance

Limit storm damage claims

It's that time of year again, when storms and hail hit the northern parts of the country, so insurers have started to issue reminders of the precautions you can take to minimise storm damage.

Are you insured against power surge damages?

If you haven’t specifically taken out cover for power surges you will receive a nasty shock when your electronic goods are fried during load shedding, as one of my readers discovered. “I have faced a huge financial setback with my gate motor...

Is life insurance really for life?

The inefficient structure of existing life insurance products impact value and sustainability of cover for clients. BrightRock’s needs-matched life insurance addresses these shortcomings by pricing cover correctly for the term and trajectory...

Paying for someone else’s mistake

If someone jumps a stop street and crashes into you, you could find yourself liable for damages. When Chantal’s car was written off by a driver who jumped a stop street she was confident that the driver’s insurance would cover the full damages...

Santam launches new safety app

Between 1 December 2014 and 5 January this year, there were 1 118 fatal road accidents recorded, resulting in 1 368 fatalities. Such frightening statistics have prompted short-term insurer Santam to develop an app which is designed to help your...

The high cost of death

Why death is killing us financially “Around 85% of people’s debt problems start with a death in the family,” says debt counsellor Deborah Solomon. Despite a relatively high penetration of funeral policies, Solomon says the cost of death in...

The high cost of insuring your loan

Despite an investigation into the rates charged by credit providers for insurance, borrowers are still paying high rates for their credit insurance. If you were stuck for cash and needed to borrow R5 000 which you would pay back over just four...