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Parents have so much to think about, especially when it comes to essentials like savings for the family, healthcare or provisions should something bad like a dread disease happen. There are many aspects of modern family living that require thorough planning, and short-term insurance should be key among them.
Local insurance brokers and their personal lines clients should take note of the current uptick in liability claims following domestic animal attacks. Elsa Jordaan, Executive Head of Claims and Legal at CIB singles out dog bites as one the prominent drivers of personal liability exposures in recent years. Jordaan was presenting at the InsureTalk 11 webinar and operated by CN&CO. Dog attack statistics are not freely available in South Africa; but there are countless news stories featuring the consequences of such attacks. Sadly, many reported cases involve serious attacks by family pets on family members or friends.
Other than the inconvenience of precariously stacked items kept in cluttered garages, there may be hidden dangers in the items you are storing on your premises. In our post-pandemic environment, some businesses have shut down or you may be working from home more often. For whatever reason, some people may be storing work chemicals in home garages or second bedrooms.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?