You should be able to financially survive in the case of damage to or total loss of your assets. These assets include your business, car, residence, home contents, specified items, computer equipment, clothes, jewellery, linen, curtains etc.
Your total contentsmust be insured for its replacement value, meaning the cost to replace all at today’s cost.
Your residence (building, outbuildings, granny flat and all improvements on the stand) must be insured for it’s replacement value meaning the cost to replace all at today’s cost. Improvements include fence, gates, gate motor, garage motor, pool motor and filtration, swimming pool, paving, back-up power system (panels, inverter, batteries) gas geyser, water tanks etc. This replacement value also includes the cost of alternative accommodation should your dwelling becomes not habitable due to say a fire.
It is important to have insurance with a trusted insurer having a good reputation for payment of valid claims.
The lowest premium might not be in your best interest :
- “If you pay less, you get less”
- “The devil is in the detail and in the lowest premium”
- “The bitterness of low quality remains long after the sweetness of low premiums is forgotten”
Our purpose is to satisfy you with value for your money and peace of mind instead of the lowest premium.
Your insurance covers against loss of or damage to your goods caused by the following insured events :
fire, lightning, explosion, malicious damage, storm, flood, wind, water, hail, snow, earthquake, bursting or overflowing of pipes and water apparatus, impact, subsidence, landslip, theft, damage caused by thieves, accidental damage, power surge and power surge caused by loadshedding (optional) and many more extended covers.
The following is not covered under your building insurance :
– construction work that does not comply with the National Building Regulations and / or any other laws and
regulations (eg. the slope on your building’s roof is less than the specified minimum)
– structural defects (eg. wall cracks)
– structures not built according to approved building plans, regulations and specification (eg. lesser and weaker
materials are used than specified)
– defects in workmanship, materials, design, planning, specifications and installation
– wear and tear (eg. pool pump and geyser element does not work due to gradual deterioration)
– lack of maintenance (eg. rusted roof sheets, dispositioned roof tiles, neglected thatch)
– rising damp (eg. wet walls and flaking paint)
– vermin, insects or infestation by any other pests
– roots or weeds
– the action of light or climatic conditions
– other exclusions as specified by your insurer
