Top trends in the changing role of the modern insurance broker
Santam’s 2023 Insurance Barometer discloses how brokers are adapting and adding value through robust risk management strategies.
#power surge
Why policyholders complained to the short-term ombudsman in 2022
Annual report notes a steady increase in disputes related to power surge claims.
Big increase in damage to appliances and food spoilage because of blackouts
Loadshedding is having a more severe impact on consumers compared to a year ago, survey finds.
Santam introduces power surge excesses and exclusions as claims jump
What policyholders should know about the general exclusion for damage caused by electricity grid failure or interruption.
Top insurance risks to guard against in 2023
These risks will significantly affect those who don’t have the right cover in place or no cover at all, says Old Mutual Insure.
Santam clarifies the impact of grid failure exclusion on power surge cover
The intention of the grid failure exclusion is not to cancel power surge cover, the insurer says.
