How to mitigate mistakes when claiming for a property loss
Category: Personal Insurance
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How to mitigate mistakes when claiming for a property loss
How to mitigate mistakes when claiming for a property loss Panic and shock can set in rapidly when you’ve lost a property, be it your home or business premises, due to a natural disaster, such as a fire or flood. It may only be bricks and mortar, but it was yours. Your home filled with…
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Keeping the tow-truck industry honest
Keeping the tow-truck industry honest We often see them parked near main intersections where crashes and bumper-bashing are the most prevalent, waiting almost vulture-like to swoop on their prey. They’re the souped-up ‘ready to roll’ brightly painted tow-trucks in an industry that is notorious for doing dodgy work, with drivers paying for tip-offs, driving dangerously…
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Wham. Bam. You’ve been scammed.
Wham. Bam. You’ve been scammed. Did you know that according to a recent report conducted by an insights agency, digital banking fraud in South Africa is at an all-time high and there’s been a steady increase in this trend over the last four years? And the numbers are disheartening to say the least. While there…
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Rest insured with your AirBNB
With the booming worldwide success of Airbnb, many local property owners have found it far more lucrative to rent out a property by the day than to have a long term tenant. Today, South Africa boasts in excess of 13 000 Airbnb ‘rentrepreneurs’, which host around 400 000 guests annually. But before you fluff up…
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How VAT increase impacts the insurance industry
How VAT increase impacts the insurance industry Let’s first take a hike back in time. In 1991, South Africa introduced Value Added Tax (VAT) to replace General Sales Tax (GST) as an indirect tax at a statutory rate of 10%, which increased to 14% in 1993. Fast forward 25 years. Facing a massive revenue shortfall…