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LSG Insurance

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Category Archives: News

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Insurance and Honesty

LSG Insurance Posted on June 22, 2021 by simonJune 22, 2021

  Honesty is the best insurance policy. Blatantly lying or omitting the truth when claiming puts you on a slippery slope. If you get caught committing insurance fraud, you not only could have a claim denied but could experience more … Continue reading →

Smart Homes & Insurance

LSG Insurance Posted on June 15, 2021 by simonJune 15, 2021

Smart homes offer three fundamental promises: Convenience: Being able to control multiple functions – such as the lights, the use of appliances, home security and more – with a button, app or your voice Resource efficiency: Optimising the use of … Continue reading →

D&O Cover Crucial During Tough Economic Times

LSG Insurance Posted on May 31, 2021 by simonMay 31, 2021

Its safe to say that liability risks associated with cyber-attacks might be dominating world news headlines at the moment. Directors and Officers should be as equally concerned about the potential for liability claims arising from business rescue, insolvency or any … Continue reading →

Income Protection – Can You Afford To Be Without It?

LSG Insurance Posted on May 28, 2021 by simonMay 28, 2021

This is Frank. Frank is a personal trainer. Frank is very serious about his career, but he can’t predict what accidents might happen at his gym. Frank has an accident at work but does not have any Income Protection Insurance. … Continue reading →

Banks Cannot Protect You – Must Read

LSG Insurance Posted on May 28, 2021 by simonMay 28, 2021

The Ombudsman for Banking Service (OBS) has warned bank accountholders to be vigilant when transacting online and to be aware that scamsters use an array of techniques to obtain confidential information such as debit / credit card details, card pin … Continue reading →

OSTI 2020 Annual Report – Declined claims the biggest cause of complaints

LSG Insurance Posted on May 25, 2021 by simonMay 25, 2021

In discussing the short term insurance industry figure Edite Teixeira-Mckinon, Chief Executive Officer: Ombudsman for Short Term Insurance said, “Within OSTI, we saw clear evidence of cohesion, togetherness and empathy in response to the COVID-19 challenge and our operational performance … Continue reading →

Seeking the illusive truth in motor claims

LSG Insurance Posted on May 18, 2021 by simonMay 18, 2021

Any of South Africa’s non-life insurance brokers can vouch that there is more than one side to every motor insurance claim. The claims assessors and loss adjusters appointed to assess claims and apportion damages following an accident must often sift … Continue reading →

Cape Town Weather Warning

LSG Insurance Posted on May 6, 2021 by simonMay 6, 2021

Cape Town residents need to be careful and to exercise extreme vigilance in the wake of the severe weather conditions predicted for the city and the surrounding areas of the coming days. The SA Weather Services has issued a weather … Continue reading →

Machinery Breakdown – Is Your Business Covered?

LSG Insurance Posted on May 4, 2021 by simonMay 4, 2021

Machinery Breakdown Insurance is designed to provide indemnity for sudden and unforeseen physical loss or damage to Property Insured. It is a prerequisite and warranty of the insurance policy that all insured machinery is properly maintained and is kept in sound … Continue reading →

Online Shopping – Is it Safe?

LSG Insurance Posted on April 28, 2021 by simonApril 28, 2021

The last year has seen an increased use of online shopping. It is estimated that this year will see around 17% of goods being bought online, nearly doubling the figures for 2016. Globally e-commerce has grown by 24% while store … Continue reading →

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LSG Insurance Service (Pty) Ltd

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