Understanding Coverage for Electric Vehicles: A New Frontier in Insurance
Category: Personal Insurance
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Understanding Coverage for Electric Vehicles: A New Frontier in Insurance
Electric vehicles (EVs) are rapidly gaining popularity, with more South African consumers viewing them as viable alternatives to traditional cars. A recent survey by PwC highlights the growing interest in hybrid and electric vehicles, spurred by the steady decline in prices. The National Association of Automobile Manufacturers of South Africa (NAAMSA) also reported a striking…
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The Role of Insurance Brokers in Crisis Management
Crises, whether natural disasters, economic downturns, or global pandemics, can disrupt business operations in unexpected ways. When these events occur, insurance brokers play a vital role in helping companies navigate uncertainties, adjust coverage, and ensure they remain protected. Adjusting Coverage in Uncertain Times During a crisis, businesses often need to reassess their insurance policies to…
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Insurance Literacy: Empowering Clients to Make Informed Decisions
Understanding your insurance policy is essential for ensuring you have the right protection when you need it. However, with the complexities of insurance jargon and policy options, it’s easy to feel overwhelmed. This guide will provide valuable tips and resources to help you navigate your insurance with confidence, decode key terms, and review your coverage…
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Understanding Your Insurance Claim: A Story of Unexpected Pool Damage
At Risk Benefit Solutions (RBS), we understand how daunting insurance claims can be, especially when dealing with unexpected damage to your home. Recently, one of our clients faced an unusual situation involving their swimming pool, and we want to share their story to help you understand the process and our commitment to supporting you. Imagine…
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Understanding the Key Drivers of Insurance Costs by Risk Benefit Solutions
In today’s rapidly evolving world, insurance costs are influenced by many factors, many of which are interconnected and complex. At Risk Benefit Solutions (RBS), we understand the importance of being informed about these drivers to make the best decisions for your insurance needs. Below, we break down the primary factors currently driving the insurance cost,…