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The popular feeling amongst many Underwriting Management Agencies (UMAs) is that while 2014 did present some challenges, it was hardly as bad as they thought it would be. Many UMAs are looking forward to an exciting and positive 2015.
With the occurrence of load-shedding remaining seemingly undeterred in the New Year, businesses and commercial property owners must begin to face facts and realise the possible liability that may arise from these black-outs, which could be put upon their shoulders.
The South African Insurance Association (SAIA) has called on consumers to take the necessary steps to protect themselves against the damage or loss of property caused by or related to load shedding, and to make sure that they have adequate insurance cover.
Following Eskom's confirmation that South Africa will face ongoing loadshedding for the next few months, homeowners have been warned of the increased burglary risks due to alarm systems not responding in the event of a power cut.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?