Tag - Insurance

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, alarm system and three television sets damaged by load shedding,” says Michael who wants to know if he can...

Financial tools to keep you on track in 2015

In today’s Internet age, keeping yourself on track financially has never been easier. There are a range of websites, smartphone apps and online financial tools to help you along the way. Track expenses and create a budget Find a way to track your daily expenses so you know exactly where your money is going and what is costing you more than...

Preparing for life’s surprises

Our parents’ experiences can teach us a great deal about how we should be making plans for our own futures. My mother, who is now 75 years old and relies on a pension, has seen her food bill increase from R500 per month to R1 200 in just six years – that is a 140% increase or an average of 15% a year. In comparison, over the same period, her...

Domestic worker benefits

For most South Africans, their domestic worker is part of the family. As such and as a responsible employer, you should consider providing additional benefits similar to those that an employee in any other working environment would enjoy – for example, health care and a retirement benefit. Here are some of the available options: Domesticsure by...