22 Sep 2021
Why short-term insurance is not the only insurance SMEs should be considering
By Staff Writer
Short-term insurance recently became one of the talking points of the July lootings after thousands of SMEs were affected by the riots, suffering loss and damage to assets. In the hopes of keeping these businesses afloat, the National Treasury announced that the South African Special Risks Insurance Association (Sasria) will be paying out R3.9 billion to small businesses, including SMEs that are not insured. Sasria is the only insurer in South Africa that covers riots.
