SB Makelaars - Brokers - Liesha Jansen Van Vuuren

06/04/2023

30/06/2022

There are a number of trends that are impacting claims in the industry.

“Amidst this environment, insurers must ensure that the automated inflationary increases relating to buildings sums insured are maintained to ensure that policyholders are not out of pocket should they have a claim, especially total loss claims,” says Tarina Vlok , our MD.

Below are Tarina’s top tips for policyholders in the current inflationary environment:

•Ensure that your building is adequately insured with the insurer’s inflationary increase on renewal. Rebuilding costs do not equal CPI inflation. This will ensure that your claim amount is not reduced in the event of a valid claim.

•The price of second-hand vehicles has increased higher than that of the retail prices we source from external databases. Ask your broker or advisor about vehicle options. Remember that your insurer (if you work with a well-known brand) will always aim to be fair to the policyholder in the event of a claim.

•At the very least, remember that is likely your insurer will only raise premiums to what they feel is necessary. This is why it is important to be insured with a reputable company. Remember the core principle of insurance is that you pay in accordance with the risk that is introduced to the pool.

•The best way to avoid renewal increases is not to claim, especially for smaller losses.

10/06/2022

🚲 has become an expensive hobby in South Africa, especially amongst the .

“Cycling is a wonderful hobby that can cost the serious cyclist hundreds of thousands of rands. Even entry-level bicycles and associated gear can quickly escalate,” says Tarina Vlok our MD.

For South Africans, traditional bikes can cost anywhere from R10 000 to more than R250 000, while e-bikes can cost a minimum of R15 000. For the affluent, these numbers increase substantially.

“If you are riding a bike that is worth so much and park it in an area like the street or the back of your bakkie, the sad likelihood is that it may not be there when you get back. We see this time and time again,” she says.

Here are Tarina’s top tips for your :

•Bicycles are generally well made and able to withstand the rigors of cycling however bicycles need regular maintenance and failure to do so is often costly. It’s important to understand that bicycle insurance does not cover maintenance related expenses or damages incurred as a result of lack of maintenance.

•Ensure that your bicycle is insured for its replacement value and not for what you paid for it.

•Ensure that the correct model with all its accessories are included in your inventory.

•Don’t forget to insure your cycling gear and helmet, as these often get damaged in an accident.

•Do not ever leave your bicycle unattended. If you have to, ensure that it is secured to a building or your vehicle with the correct locking and securing devices.

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09/06/2022

Elite Risk Acceptances invites you to their annual Elite Wealth Conference themed, “Dare To Dream”. The CPD-accredited virtual event will offer a rare opportunity to delve into the unique challenges and opportunities facing South Africa’s affluent.

Our headline speaker, Vusi Thembekwayo is a world-renowned public speaker, award-winning investor, and accomplished author. He will be joined by an array of international and local public figures such as, Anthea Gardner, Karabo Morule and Nicky Weimer who will unpack a broad range of topics and valuable insights on investment trends and what the future holds for the affluent in South Africa.

Date: Tuesday, 19 July 2022
Time: 10:00 - 13:00
Register here: https://us02web.zoom.us/webinar/register/2416541652275/WN_vbu7z9xcS8OSTaALKIOhqw

02/02/2022

The first of is an important day for all South African vehicle owners: It is ; a day specifically designed for policyholders to sit down and scrutinize their schedule.

Our MD Tarina Vlok, says that it’s widely known that only around 33% of all vehicles on South African roads are . vehicles can cost millions of rands, so it is very important to ensure that your vehicle is insured even before you leave the dealership, even when paying cash. It’s not only the of damage to your vehicle in the unfortunate event of an accident but also the damages you may have accidentally caused to other vehicles or even property.

Here are some of her top that ’s needs to look at which regards to car insurance:

•Ensure that only authorised drivers use the vehicle.

•Strongly consider installing a tracking device. It will not only ensure that your vehicle is found if stolen or hijacked but may give a premium saving as well.

•Make sure that your insurer has the expertise and capability to have your vehicle repaired by service providers authorised by the manufacturer if your vehicle is still under warranty.