News

We share our news and views on industry-related events.

News | Tag: short term insurance

Full disclosure: your responsibility as an insurance customer

July 23 2024 By Reliance Insurance Brokers short term insurance

When it comes to business, household and vehicle insurance, we all expect the insurer to be clear and honest in what it is covering, and to pay out in the event of a claim. But what about the customer? What responsibility do insurance clients bear in this process? A core tenet of insurance, for both insurers and customers, is that of full disclosure. According to this principle you as the insured must inform your insurer when applying for insuran...

Business owner? You need business interruption cover

June 28 2024 By Reliance Insurance Brokers business interruption, short term insurance, business insurance

When it comes to running a business, all business owners know they need insurance to cover unexpected losses, theft or damage to their property or equipment. In their personal capacity, business owners take out dread disease cover to protect them should they develop a critical illness and are unable to work, or life insurance should they unexpectedly pass away. But what about the business itself - the act of producing goods, or rendering a servic...

Winter-proof your home and office this season

May 16 2024 By Reliance Insurance Brokers short term insurance, winter, seasonal

As extreme weather events become more commonplace in South Africa, so our historically mild winters have evolved into more eventful seasons, with increasing storms characterised by strong winds and flooding. Securing areas at your home or business premises that are vulnerable to adverse weather could be the difference between a warm and cosy winter, and unfortunate damage that leaves you cold. Check your roof If you live in the Northern, Western ...

Do you need to use an insurance broker?

March 20 2024 By Reliance Insurance Brokers short term insurance, personal insurance, insurance broker

When online short-term insurance offerings were first launched in South Africa more than 15 years ago, the insurance industry underwent a major facelift. Consumers were now able to go direct to insurers, effectively skipping out brokers. While there was much excitement around this prospect initially, the veneer soon wore off as consumers realised just how overwhelming it was to compare pricing, policies, excesses and pick the right plan offering ...

Fire insurance: why you need more than just a sound policy

November 23 2023 By Reliance Insurance Brokers short term insurance, fire insurance

When it comes to home or property fires, prevention really is better than cure, because even though your buildings insurance covers fire, your claim could be rejected if your property wasn't adequately secured against this risk. Fire accounts for the highest number of insurance claims in South Africa. In the event of the fire, the losses are usually extensive, as the fire itself as well as smoke and the water used to extinguish the fire all cause...

Make your insurance work harder for you

May 17 2023 By Reliance Insurance Brokers short term insurance, car insurance, home insurance, household insurance

With the spotlight falling on workers in South Africa in May, we're looking at how hard-working citizens can make their short-term insurance work harder for them. As a starting point, it's useful to know the difference between short- and long-term insurance. Short-term insurance covers everyday items, like your home, home contents, car and high-value items like cellphones and jewellery. You normally update these policies frequently, like when you...