Explore the Category

Protecting your home with a house-sitter over the Easter weekend

15 April 2014

According to statistics from the South African Police Service (SAPS) crime report, there were a total of 245,531 reported cases of burglary of residential homes in 2012/2013. The report highlighted that home break-ins, particularly during the holidays, are common and often as a result of criminals seeing empty homes as easy targets. In an effort to avoid becoming another statistic, homeowners who plan on travelling to holiday destinations over the Easter weekend are advised to take the necessary precautions to reduce the risks of a home burglary.

R25m empowerment deal sets new tone for SA loss adjusting industry

02 April 2014

In a trailblazing empowerment move for the South African insurance industry, one of the country’s leading loss adjusting firms, Crawford & Company SA, previously majority-owned by US-based Crawford & Company International, is now 100 percent South African owned. The deal is worth approximately R25m.

Implications of Power Outages on Your Household Insurance

01 April 2014

The writing is certainly on the wall as South Africa gears itself for potential load shedding during the approaching winter months. While this has many implications, one of the most concerning is the fact that power outages compromise safety and security. In an extended outage, the battery back-up on security equipment such as electric fences, alarm systems, security cameras and outdoor motion passives may well run out before power is restored. Should you experience a burglary or robbery during this time, you could find yourself holding the short end of the stick if your insurance coverage terms don’t specifically provide for circumstances that are beyond your control.

Cheaper Insurance Can Cost SMMEs Dearly – make smart decisions to avoid the pitfalls

18 March 2014

The combination of a falling Rand, tight budgets and diminishing profit margins, has seen a rise in cost cutting in businesses. Insurance is one area that businesses put under the microscope when the pressure is on – but uninformed cost cutting can have disastrous consequences.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

View the Results