SA’s massive shortfall in life and disability insurance
Category: Uncategorized
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SA’s massive shortfall in life and disability insurance
The gap in life insurance and disability cover in South Africa now stands at R34.3 trillion – fifteentimes the size of the country’s national budget. Most South African households would have to make drastic changes to their standard of living if themain income earner were to die or become disabled, as a new report shows…
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Commercial insurance and fire risk/prevention
Fires pose a real risk to any business, whichever sector it is in: retail, commercial, agricultural ortourist, manufacturing, construction or services. Devastating fires can start in a number of ways: vandalism/unrest, runaway veld fires/lightning strikes, equipment malfunction/electrical fires, employee or client negligence, fires spreading from neighbouring businesses, accidents or deliberate arson. Whatever the cause of…
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What is driving the increasing costs of commercial insurance?
Commercial insurance is getting more and more expensive – but not having it could mean the end of your business. Few business owners will dispute the necessity of commercial insurance – but in South Africa (and the world at large) it comes at an increasing price. What can business owners do to combat this? Some…