Cyberattacks and data breaches now rank number six in the top 10 risks facing organisations today. The risk entered the top 10 list for the first time in 2015, at number 9, and is projected to go from six to … Continue reading →
As an estate agent you might believe that you are sufficiently protected by the fidelity cover provided by the Estate Agents Affairs Board. You should be aware that: The Estate Agent Affairs Act 112 of 1976 (‘The Act’) provides for … Continue reading →
Watch Now: https://www.youtube.com/watch?v=UL5193JSuLM&feature=youtu.be … Continue reading →
Click here to download a case study from the Short-Term Ombud #forewarnedisforearmed … Continue reading →
The way that data is presented to insurers is key to recovering your claim. The quality of the information you provide will determine the insurance claim outcome. It needs to be accurate and justifiable in order to maintain your credibility … Continue reading →
Safety Around the Home Electricity surrounds us – shaping the universe in which we live and driving modern society of which we are a part. It permeates the physical world completely. Thus, to know more about it and to understand … Continue reading →
Principle of ‘Causa Proxima’: The loss of insured property can be caused by more than one cause in succession to another. The property may be insured against some causes and not against all causes. In such an instance, the proximate … Continue reading →
Principle of Loss Minimization: According to the Principle of Loss Minimization the insured must always try his level best to minimize the loss of the insured property. The insured must take all possible measures and necessary steps to control and … Continue reading →
Principle of Subrogation: As per this principle after the insured is compensated for the loss due to damage to property insured, then the right of ownership of such property passes onto the insurer. This principle is corollary of the principle … Continue reading →
Principle of Contribution: The principle is a corollary of the principal of indemnity. It is applicable to all contracts of indemnity. Under this principle the insured can claim the compensation only to the extent of actual loss. If the … Continue reading →