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Protection and Indemnity cover is an intricate field of insurance within the marine insurance sector, a specialist field in itself, and it’s crucial that client and broker understand exactly the needs and risks of the insured when structuring a policy.
It’s getting tough out there for many South Africans. Not only has the VAT increase and inflation taken its toll but as of 6 June 2018, we are all paying 82 cents a liter more for petrol.
Personal technologies such as drones, gadgets, consoles, video games, GoPro's and smartwatches have gained popularity however, it raises many questions when it comes to insurance. Specifically, under which section of your policy are they insured?
If you have, or are considering engaging in an expensive hobby such as Mountain Biking, flying model aeroplanes, collecting coins or artwork, being aware of the risks you carry and having adequate cover in place is essential to avoid financial loss.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?