The Short-term Insurance Ombudsman (OSTI) - Briefcase 3rd Edition
The Ombudsman for Short-term Insurance (OSTI) has released its quarterly Briefcase (attached). It contains news from the editor, case studies, consumer tips and general information on what the Ombudsman has done during the past three months.
In this edition, the Briefcase tackles claims around stolen luggage, stolen cell phones and what a consumer should know about missing a premium payment.
In recent months, second-hand car purchases have accelerated as the economic impact of Covid-19 and lockdowns have been felt and travel needs have changed. You may want to cut down on lifestyle costs by downsizing ... Read More »
The policy for the insured valuables that are governed by the “close personal custody and control requirement”, means that the insured property shall be “held by, worn or attached to the insured ... Read More »
Luzanne Wait, an insurance adviser at PSG Jeffrey’s Bay
In the time of Covid-19, with lockdown regulations changing frequently and some restaurants, bars, and other indoor gathering places closed or operating ... Read More »
With schools opening and closing throughout last year and the opening of schools delayed to 15 February this year, it is difficult for parents to plan and make decisions regarding the future of their children’s ... Read More »