The recent Momentum non-disclosure conundrum. What’s the impact on insurers and you, the claimant?
Category: Personal Insurance
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The recent Momentum non-disclosure conundrum. What’s the impact on insurers and you, the claimant?
Via various social media platforms, radio talk shows and TV inserts, most of us were not immune to the buzz created by the recent decision made by Momentum to reject a R2.4m life insurance pay-out for a Durban man, due to non-full disclosure of his health condition. Then, after a tidal wave of public pressure,…
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Loadshedding and Insurance – Are you covered?
Yes, the dreaded “L” word is back. Whether it’s due to coal shortages, poor coal quality, maintenance work, vandalism, strikes – or whatever, none of us actually care about the reason anymore. All we care about is that there will be loadshedding again in the foreseeable future. So now is the perfect time for those…
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Don’t let a break-in blow your Christmas bonus.
For those of you who missed it, eNCA news recently aired a fascinating feature in which they interviewed a convicted gang burglar, who remained anonymous. He explained that burglary targets are not chosen willy-nilly by the gangs, but rather through research, as they have to make the risk worth the reward. They monitor the type…
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Why do nearly 25% of teens steer clear of getting behind the wheel?
Many of us remember how exciting it was first learning to drive, barely seeing over the steering wheel sitting on dad’s lap, then later sitting pimply-faced in the driver seat on a remote road with him instructing patiently from the passenger side. All we wanted was to get street legal and hit the road with…
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Intent versus negligence. How it affects your car insurance claim.
Intent versus negligence. How it affects your car insurance claim. “When deciding on whether someone should be covered in the event of a motor vehicle accident, an insurer may decide that a seemingly negligent driver actually acted with intent and should therefore not be covered and such insurer may apply criminal court judgments to do…