The South African money market is fast becoming a saver’s haven. The overnight repo rate of 7.75% at the end of March is its highest level in almost 14 years. Per the South African Reserve Bank (Sarb), the extent to which it will keep adjusting the repo rate higher will […]
Personal technologies such as drones, gadgets, consoles, video games, GoPro’s and smartwatches have gained popularity however, it raises many questions when it comes to insurance. Specifically, under which section of your policy are they insured? Advice from a professional broker is therefore essential for most clients. Tarina Vlok, Senior Manager for […]
Homeowners are at risk of having their insurance claims rejected if it is found that they are not in possession of a valid Electrical Certificate of Compliance (ECOC) for their property. This is according to Marike van Niekerk, Legal and Compliance Manager at MUA Insurance Acceptances, who says that insurers expect their policyholders […]
You need to know whether you’re covered against Theft, Damage and Power Surges during times of load shedding… 1. Am I covered against Theft and Burglary when we have no power? Your insurance policy will cover losses as a result of theft or burglary following or during a load shedding […]
Electricity surges due to load shedding can damage domestic appliances, from fridges and computers to TVs and and decoders. Short-term insurance companies have been inundated with claims for broken household appliances and equipment during the last six months, when load shedding has been a frequent occurrence. Insurance firms are warning […]
5 MORE Reasons Why Consumers Should Use an Insurance Broker Consumers generally think they benefit when they buy insurance direct but is it true? To find out, an auditing company asked people what matters to them when buying insurance, and in turn their panel used those criteria to evaluate the […]
South Africans have been cautioned to protect themselves and their belongings against the financial repercussions of loadshedding and the resulting power surges that the process causes. This follows recent announcements from the energy parastatal Eskom which has said that South Africans will have to learn to live with electricity cuts […]
It is reported that thieves across the country are targeting many homes during the load shedding hours and making off with lots of valuables Source: SABC As Eskom’s on-going power cuts keep South Africa in the dark, security issues have become a concern, with thieves apparently monitoring load shedding timetables […]
When selecting a generator, there are certain steps to take in order to make sure that you buy the correct product for the application. Mistakes could cost huge amounts of money to rectify at a later stage. Source: Various generator providers and installers. Following, is a step by step guide, […]
Travel insurance is viewed by many as an optional extra, a “nice to have”. In most foreign countries expenses can be way in excess of what may be expected at home. This is even more so coupled with the weak South African exchange rate. The need for travel insurance therefore […]
