A short term insurance policy usually includes a general ‘average clause’ to indemnify the insurer should the value of an insured item at the time of the loss turn out to be greater than that stated by the insured on … Continue reading →
In dealing with any insurance claim, in practice, the question of onus is probably the most important one. This is but common sense; anyone who claims for something faces the burden of proving it. It is general legal requirement that … Continue reading →
Policy exclusions refer to any events, losses or damages that are not covered on the insurance policy. Exclusions can be quite exhaustive and vary from one insurer to the next, as well as from one type of insurance cover to … Continue reading →
Incidents of remote jamming have been reported again, so be alert when leaving your vehicle in a public place. Car remote controls use a radio frequency that is often the same as for gate and garage opening devices. When the … Continue reading →
A recent survey estimates that 70% of motor insurance claims are accident-related with up to 55% of all claims involving only the insured. Common incidents include gates closing on motor vehicles, insured’s reversing into poles or collisions with unseen obstacles. … Continue reading →
Most organisations store or process data and have IT operations; cyber insurance has been tailored to address network and and data privacy risks. Questions you need to ask yourself: Dependence on your data and systems? If access to these was … Continue reading →
Cyber Risk and Business Continuity… Remember your first computer? Some flaws and vulnerabilities in hardware and software may remain undetected for a long time but the recent breach at Liberty is rightly being seen as a wake-up call for corporate … Continue reading →
Summer is almost upon us and now is when one starts to plan for that end of year trip. The excitement of planning a holiday is always high on the pleasure scale. Flights and accommodation, browsing the web for hours … Continue reading →
Excess and how it applies to you… Many policies include an excess. This is the amount you have to pay if you decide to make a claim on your policy. It’s a way of you accepting a small portion of … Continue reading →
A recent article in Risk Africa magazine highlighted the need for short-term insurance advice and where one should go to get this advice. The article highlighted the greater demand for short-term insurance in South Africa with a 34% increase in … Continue reading →
