When does a claim under a liability policy prescribe?Published: Thu, 12 Dec 19 A claim for indemnification under a liability insurance contract only arises when liability to a third party for a certain amount has been established. For purposes of prescription, the debt becomes due when the insured is under legal liability to pay a fixed and determined sum of money. Until then a ‘claim’ ...
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Guard against under-insurancePublished: Wed, 11 Dec 19 If you are under-insured, you may only be paid out partially for a loss
Having a solid understanding of the implications of underinsurance is crucial at a time when many South Africans are financially strained and looking for ways to save on household costs. While there is always the temptation ...
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Prep like a pro - top risk and insurance tips for the holidaysPublished: Mon, 09 Dec 19 As the excitement of heading off for some much needed R&R sets in, take some time out from the shopping, travel arrangements and last minute work wrap-ups to secure your home, assets and loved ones before you head off for the holidays.
Criminals never take a break, usually targeting the holiday ...
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Protecting your Identity this Holiday SeasonPublished: Wed, 04 Dec 19 The South African Insurance Association (SAIA) encourages consumers to consider taking extra care in protecting their identity this festive season. Criminal activity tends to increase considerably over the holiday season. It is also often a time for criminals to take advantage of consumers through several cybercriminal ...
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What is the difference between Black Friday and Cyber Monday?Published: Mon, 02 Dec 19
Cyber Monday originated in the US and is a marketing term used for the Monday after Thanksgiving. It was created by retailers to encourage people to shop online. The term was coined by Ellen Davis of the National Retail Federation and Scott Silverman, and has actually been around ...
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Why looking for a catalyst is not always helpfulPublished: Wed, 23 Oct 19 Anet Ahern, CEO, PSG Asset Management
As any parent of young children will attest, the need to know “why” and “when” is a natural human tendency. It is also the mainstay of daily market commentary and investment articles. Human beings believe that if we know why something happened, ...
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SAMBRA celebrates excellencePublished: Mon, 21 Oct 19 Short-term insurer, Santam, has won the prestigious SA Motor Body Repairers’ Association (SAMBRA), Insurer of the Year award for the second consecutive year.
Toyota SA received the top honours for all-round best OEM, Sikkens scooped the overall Service Excellence award in the Paint Suppliers category ...
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Growing cyber risk emanating from withinPublished: Fri, 18 Oct 19 Excess privileges and shadow IT increase employee and vendor risks
Whether through malicious acts or negligence, employees, suppliers and third-party vendors remain one of the most common causes of security breaches, identified in Aon’s Cyber Risk Report. In a 2018 survey of cyber security ...
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In case of an emergency – what to packPublished: Tue, 08 Oct 19 Bertus Visser, Chief Executive of Distribution at PSG Insure
With the festive season drawing near, many of us are planning road trips all around the country. Travelling with family, including small children can be stressful, particularly if your car breaks down unexpectedly. Before you set off, consider the following:
Are ...
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How to save more during tough timesPublished: Mon, 16 Sep 19 We currently find ourselves in a market that hasn’t shown any real growth over the past five years and even the most optimistic investors are now starting to panic, especially those who have already retired. With the cost of living rising rapidly, many pensioners are forced to increase their withdrawal rates ...
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Short-term insurance savvy goes the distancePublished: Wed, 11 Sep 19 Short-term insurance savvy goes the distance
In the spirit of Spring, here are some top tips for women to follow to refresh their short-term insurance cover, while staying both cost-effective and safe. Relook luxury and upgrade your outlook
It can be very expensive to specify items like cell phones, notebooks, ...
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Momentum introduces safety alert for consumer peace of mindPublished: Tue, 10 Sep 19 Momentum Short Term Insurance has boosted its safety offerings for customers with the introduction of Safety Alert, an innovative emergency panic button linked to armed response, which is available on the Momentum app.
Momentum Short Term Insurance Chief Commercial Officer, Etienne du Toit, says Safety Alert ...
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What are the chances? Preparing for curveballsPublished: Fri, 06 Sep 19 You accelerate instead of press the brake pedal – life happens. Unfortunately, if it’s when your vehicle goes through an office window, it can cost a lot more than you bargained for. You just never know what life may throw at you. Imagine being the driver, or the business owner in this case; you ...
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