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Santam, South Africa’s largest short-term insurer, has to date paid out R506 million of the R1 billion allocated for urgent relief to policyholders in the hospitality, leisure and non-essential retail services industries who have Contingent Business Interruption (CBI) extension in their policy cover.
The heavy haulage industry is the heartbeat of the South African economy and never has this been truer than now in the time of the COVID-19 pandemic.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?