MoneyMarketing

Short-term insurance

29 Sep 2021

Insurance for seniors: Match your premium to your life stage

They say that the one constant in life is change, and this is certainly true for anyone entering their senior years. Suddenly you may find yourself working less, enjoying your hard-earned money more and spending your time on more relaxing pursuits. However, lifestyle is not the only thing that evolves as you enter into your next life stage. As your health and financial needs start to change, so do your risks and insurance requirements.
14 Sep 2021

ICA recommends SASRIA urgently pay claimants 30% of insured sum upfront

Public loss adjuster, Insurance Claims Africa (ICA) is recommending to SASRIA that it urgently pay riot-related claimants 30% of their insured sum upfront, to assist cash-strapped businesses get back on their feet as quickly as possible, and prevent looming retrenchments.
08 Sep 2021

Travelling? What to know before you go

For many South Africans, travelling internationally has either been a distant memory, or nothing but a fantasy given the COVID-19 pandemic. But there is hope amidst the vaccine euphoria, ongoing easing of travel restrictions by countries such as the United Arab Emirates (UAE), France, Germany, and others, and soon SAA will take to the skies again. A recent announcement by the airline noted that ticket sales will go live from September 2021 for flights in South Africa and to key destinations across the continent.
27 Aug 2021

Expired licence? See what the insurance industry says

The South African Insurance Association (SAIA) has received new enquiries from concerned motorists about how insurers would treat motor vehicle claims where the insured person’s driver’s licence has expired after 31 August 2021.
26 Aug 2021

Sasria registers over 95% of claims as more pay-outs are made

Following last month’s unfortunate unrests in Gauteng and KwaZulu-Natal, the Sasria SOC Ltd (Sasria) has registered over 95% of all related insurance claims, which are currently being attended to.
24 Aug 2021

Cyber risks for companies escalate

Many companies were still taking a lax approach to cyber security before POPI came into full effect, says Bertus Visser, Chief Executive of Distribution at PSG Insure. “Data breaches have been massively underreported to date, and it is possible many businesses opted to sweep cyber incidents under the carpet until now,” he adds.
23 Aug 2021

Women’s Month: Top take-outs on the unique insurance needs of women

The well-known African proverb says, “If you educate a man, you educate an individual, but if you educate a woman, you educate a nation”, frankly it could have gone on to say, “If you financially empower a woman, you empower a nation.” Such is the role of women in our societies. Women have unique financial needs, and this Woman’s month, we would like to highlight the importance of insurance as part of a holistic financial plan.
04 Aug 2021

Redefining insurance

COVID-19 has prompted great changes in society and business. Insurers must take this opportunity to re-imagine how they serve their clients, and ensure they continue to prosper. That’s the word from Jason Mellow, Head of MiWay Business Insurance.
03 Aug 2021

Santam appeals to clients to submit outstanding CBI claims

Santam, South Africa’s largest short-term insurer, has today issued another appeal to clients with CBI policies, who previously indicated they would claim, to submit formulated claims and supporting documentation, so that these can be finalised and settled.
19 Jul 2021

Property covered by a short-term insurance policy likely to have Sasria cover

Business owners and individuals who had their property damaged or looted over the past week are turning to their short-term insurance policies in the hope that they are covered for the losses they incurred.