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After over a year of lockdowns, many South Africans have vastly changed circumstances. Managing one’s finances and finding ways to cut unnecessary expenditure has never been more important. As National Savings month draws to a close, South Africa’s leading short-term insurer Santam shares tips on how decluttering your insurance can help you ensure you are adequately insured at the right price.
Insureds who have Sasria SOC Limited cover in place must notify their insurer of their claim within 30 days of the loss event. This means the clock is already ticking on any loss or damage claims ensuing from the widespread looting and vandalism suffered in areas of Gauteng and KwaZulu-Natal between 9 and 19 July 2021. The best advice to affected businesses and individuals is to notify your insurer of the potential claim immediately you become aware of the loss and regardless of whether or not you have all the documentary evidence needed to support the claim.
The widespread protests in parts of South Africa alarmed South African citizens and business owners alike, who were concerned about their risk of crippling financial losses as a result. For peace of mind in challenging times such as these, it is important to have the right insurance cover in place.
With the recent civil unrest and looting that flared up across the country on Monday, 12 July 2021 and subsequent damages, the role and importance of The South African Special Risk Insurance Association (Sasria) and insurance in general, has been thrust firmly into the spotlight.
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