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With a number of provinces in South Africa still facing extreme drought conditions, it is important for all homeowners to be aware of the impact of the drought on their home and therefore their insurance. There are a number of areas of the home that can be impacted by water restrictions, including water pipes, swimming pools and gardens.
As a business owner, there are so many aspects to consider and understand to ensure a successful enterprise. “Key among them is your insurance cover,” says Jurgen Hellweg, CEO of Western National Insurance. “Being aware of common issues that could affect a claim can prepare you and keep you in business.”
The Road Traffic Management Corporation (RTMC)’s statistics for the period January to December 2016 showed a 9% year on year increase in road accident related deaths, totalling 14071. As many South African families will be travelling once again during the upcoming festive season, is vital that they ensure that they are covered for potential financial losses due to an accident or medical emergency while travelling.
At the beginning of October, it was reported that South Africa had faced a massive cyber breach where the personal details of members of the South African public was leaked on the internet.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?