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INSETA has issued an informative report on the Status of Skills in the short-term insurance industry.
December is a time when thousands of South Africans take to the nation’s roads or fly to local and international destinations to enjoy family holidays. It is also, unfortunately, a time when there is a spike in accidents and crime. Being aware and taking reasonable precautions to ensure that you and yours are protected is a necessity, says Standard Bank.
The price of motor insurance could decrease once South Africa’s motor insurers begin sharing data and implement a process of placing all driving records and policy details online – whether shared or otherwise – in a strategy called ‘digitisation’.
It is not uncommon for matriculants to celebrate the end of their schooling years and final exams by going on a holiday with friends, commonly known as Matric Rage. Caution needs to be taken during this time, however, as the sharing of driving responsibilities or any drinking and driving can have a massive impact on any insurance claims resulting from an accident.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?