School bus accidents – what does the road accident fund cover?
When there is an accident involving a bus with innocent children on board, most people will respond with anger or rage. They want to blame and seek retribution from the driver or owner of the bus concerned. This is of course completely understandable – there are thousands of parents all across the country, who, on […]
Protect your credit card from cybercrime on the dark web
The dark web, currently hosting tens of thousands of listings for a variety of illicit goods and services has finally come to the attention of the South African market. As a place where users can anonymously purchase credentials to stolen credit card data, the dark web has put a target on every South African citizen owning […]
The need-to-know details of cybercrime and cyberinsurance
posted 9 Nov 2017, 06:34 by Melvin Hoods With attacks like WannaCry and Petya infecting hundreds of thousands of computers worldwide, many are calling this the Year of Ransomware. Its increased level of threat sophistication and maturity clearly show that even though traditional methods of data protection are essential, they are no longer sufficient. Many […]
Airbnb and insurance, it’s not what you think
The benefits of using Airbnb to let property are myriad but many homeowners and their brokers don’t consider the insurance implications of using this hospitality service. The average South African homeowner rents his or her home on Airbnb for 16 days per annum and earns R28 000 from this service, according to Airbnb statistics; Airbnb […]
Spring into action to get risk-ready
posted 27 Sep 2017, 01:19 by Melvin Hoods Spring has sprung and with it comes the time-honoured ritual of cleaning out the cobwebs and getting ready for the warm weather. It’s also the perfect opportunity to divert some of that energy into tidying up your home and motor insurance policies, ensuring that you have the […]
Getting value for money from your personal insurance
We all want to get the most value possible from our insurance. We to try to make sure that we get the right insurance cover for our needs while keeping our monthly premiums as affordable as possible. We need to find that sweet spot between paying too much and being over-insured, and not covering ourselves […]
How to optimise your household contents insurance cover
The biggest challenge when buying household contents insurance is to accurately value your possessions. The trick lies in finding the balance between correctly covering yourself so that you’re not underinsured, and making sure you don’t overvalue your contents and end up paying higher premiums than necessary. Unfortunately, this isn’t as straightforward as simply going through […]
Understanding Consequential Loss
In a world that seems to constantly produce new forms of risk, it is wise for the public to rely on insurance intermediaries to benefit from their knowledge, experience and expertise, coupled with a good working relationship with one or more insurers, to prevent unpleasant surprises at the time a claim arises. Even the most […]
Vehicle alarm and central locking jamming still a major issue in South Africa
For any South African, becoming a statistic in the country’s rising vehicle jamming figures is a very real danger. Over the past three years, the country has experienced a significant amount of vehicle jamming incidents, also known as remote blocking. Vehicle jamming or remote blocking happens when criminals block a vehicle’s remote signal by simply […]
Insurance claims face rejection over expired licences
Ekurhuleni motorists, who pay thousands of rand every month in car insurance, could find their claims repudiated if they don’t have a valid driver’s licence. Hundreds of motorists in the municipal area have taken to social media to complain that many of the licence renewal centres, specifically Kempton Park, Alberton, Bedfordview, Springs, Edenvale and Etwatwa, […]