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Do you know…about the new policyholder protection rules? ?>

Do you know…about the new policyholder protection rules?

Christine Rodrigues, a partner at Hogan Lovells, has over 15 years of experience in insurance, both within the industry and as a lawyer. Christine is a well-known face in the growing South African insurance sector. Following the introduction of the new Policyholder Protection Rules (PPR) rules in December 2017 and the concern regarding compliance commencement dates, Christine has prepared a series of short explanatory notes that we will be sending to you over the next few months. PART 1 With…

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Fire protection of combined harvesters ?>

Fire protection of combined harvesters

Combine Harvester – Fire Risk Looking at historical data, professional research and fire investigation reports from the past years, the most common causes and main contributing factor to combine harvester fires is the heat. A long, hot, dry season spells increased risk of fire. Dry straw or crops very easily catches fire and can turn a small fire into a large blaze very quickly. After numerous long hours spent in the field, both man and machine are tired and in…

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Helping SA thrive in drought ?>

Helping SA thrive in drought

A man collects water from an outlet pipe in Newlands, Cape Town where a severe drought has gripped the city. Picture: Courtney Africa/ANA RAINFALL in South Africa is naturally highly variable with total amount of precipitation very different between years and across the country. Total annual rainfall in southern Africa doesn’t seem to have changed much over the past century since measurements began. But it has become more variable: droughts and floods are more frequent than before. The region’s urban…

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Driving during work hours ?>

Driving during work hours

How employees get to work can have an enormous impact on their work and life balance, making it vital for businesses to create policies and procedures and ensure staff understand their rights. Did you know that some car insurance providers do not provide cover for journeys during hours of work? Therefore, if you are involved in an accident during the day, you may have to cough up for the costs yourself. Rights around travelling to work are usually outlined in…

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Insuring your child’s car incorrectly could cost you ?>

Insuring your child’s car incorrectly could cost you

Johannesburg – Every year, many South Africans turn 18 and along with this important life event, a vehicle may be purchased or handed down to the young adult as a means of transport when they obtain their driver’s license. However, if the parents do not properly insure the car with the details of the actual driver, they could be in for a massive financial outlay if their child is involved in a motor vehicle accident. This is according to Nazeer…

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8 Things You Need to Know About Homeowners Insurance ?>

8 Things You Need to Know About Homeowners Insurance

Since purchasing a home may be the biggest investment you ever make, it’s no surprise that homeowners insurance exists to protect that investment from damage, theft, and a range of other circumstances. Sounds a lot like the other types of insurance you have, right? But don’t be fooled. There are a lot of working parts to it. And it’s typically not an option for your consideration, but a necessity, since virtually all mortgage lenders require borrowers to have some level…

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Drinking and driving: How much alcohol will put you over the limit? ?>

Drinking and driving: How much alcohol will put you over the limit?

After only one unit of alcohol, your chances of being in an accident are doubled, and when you are at the legal limit of 0.24mg, you are four times more likely to be in an accident. THE RULE of drinking and driving is simple – just don’t do it. According to the Automobile Association website, it is a proven fact that your driving is impaired after even one unit of alcohol, so it is safer to not drink at all…

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Rule of thumb when insuring your phone: Check, and check ?>

Rule of thumb when insuring your phone: Check, and check

It’s a good idea to check that you are insured for the cellphone you are actually using. Picture: REUTERS Make sure your cellphone insurance policy covers you for the correct value of your phone, whether you insure through your cellphone provider or your household or car insurance policy. When you upgrade your phone, make sure that you upgrade your cellphone insurance at the same time. You may be asked by your mobile operator’s consultant something like: “Do you still want…

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Why a broker is best in short-term insurance ?>

Why a broker is best in short-term insurance

Why a broker is best in short-term insurance Comparing prices is more complicated than you think Finding the best price seems simple – compare quotes and choose the cheapest premium? Not the best way to insure your assets because short-term insurance policies are complex. Let’s say one short-term insurance company offers lower monthly premiums but charge a higher claim excesses. Which short-term insurance policy offers better value in terms of cover? Are short-term insurance reward programmes really worth the cost?…

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7 IN-CAR DISTRACTIONS TO AVOID WHILE DRIVING ?>

7 IN-CAR DISTRACTIONS TO AVOID WHILE DRIVING

No? Are you sure? Have you never texted whilst driving, ate food, or texted or chatted on the phone?The reality is, almost all of us have failed to resist peering at our trusty mobile lifelines at a message that has just come in. According to Motor Industry Workshop Association (MIWA), we do this more frequently than not. “Texting while operating a vehicle is a seriously dangerous activity. But, distracted driving means more than just texting. It’s any activity that takes…

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