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Knowledge Base

IconHURRICANE & TSUNAMI COVER

Is there cover for a South African tsunami?

 Author Pearson, R. Published in COVER Magazine February 2005. Rod Pearson examines cover under South African policies for tsunami caused by Earthquake, Volcanic Eruption, Convulsions of Nature, Submarine Landslide and Meteorite.

SAFSIA press release hurricane Katrina: how would South African insured’s have fared if it hit South Africa?

 A comparison of local cover. File size 43 KB.
 
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From The Glossary »

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Co-insurance (Life):

Co-insurance is an arrangement whereby two or more insurers share the insurance of a particular risk, each acting as a direct underwriter. This arrangement may be effected by each insurer issuing its own policy for its own proportion, or as is more often the case, by participating in a collective policy.
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