
Consumers adjusting insurance covers to cope with rising cost of living
Santam says clients are opting for core covers only, part-insuring assets, increasing excesses, and taking risk-mitigation measures to reduce premiums.

Santam says clients are opting for core covers only, part-insuring assets, increasing excesses, and taking risk-mitigation measures to reduce premiums.

Theft under property covers remains the leading driver of crime-related claims, even as overall crime claims dipped in 2024, Santam reports.

Cyber insurance and practical measures can shield a business from devastating data breaches and ransomware attacks.

The judgment highlights that confirming payment details is essential to avoid financial loss.