KEEP UP TO DATE WITH ALL THE IMPORTANT COVID-19 INFORMATIONCOVID-19 RESOURCE PORTAL

FANews
FANews
RELATED CATEGORIES

COVID-19: clients remain insured even if they cannot renew their vehicle licences

16 July 2020 Discovery Insure

Many business owners are concerned about the validity of their motor vehicle licences if they cannot renew them during the COVID-19 period. They are also worried that their motor insurance claims may get rejected because their licences have expired.

We are pleased to inform you that Discovery Business Insurance clients whose licences expired during the lockdown period will not have their motor claims affected if they cannot renew their licences due to COVID-19 restrictions. This includes the following licence types:

• Learner licences
• Driving licences
• Temporary driving licences
• Motor vehicle licence discs
• Temporary permits
• Roadworthy certificates
• Professional driving permits
• Motor trade number licences

As a result, clients will have peace of mind that they will remain fully insured according to the motor insurance cover stated in their plan.

We encourage clients to keep safe during this time and follow the safety standards specified by the government to protect their employees and customers.

Quick Polls

QUESTION

Many legacy RAs allow an insurer to take up to 30% of the accumulated capital upon early exit. “This is just one of countless examples of shocking product design that is 100% engineered by insurers to extract punitive fees from clients...".

ANSWER

Agree
Disagree
fanews magazine
FAnews June 2020 Get the latest issue of FAnews

This month's headlines

The crisis is not over
Ethics of lockdown - What value is attached to a human life?
Pandemic redefines the commercial and legal risk landscape
New partnerships needed to create an epidemic and pandemic risk programme
Credible statistics create much needed certainty
SA fixed income: Searching for value in a sea of pandemic risk
Subscribe now