1Life Elevated

• Pays out from R200 000 to R6 million life insurance cover to a beneficiaries of your choice in the event of your death
• R25 000 funeral benefit to be paid out to your beneficiaries within 48 hours
• If you are diagnosed with a terminal illness and your life expectancy is less than 12 months, your cover amount will be paid out
• Includes a Guaranteed Assurability option, which means that you can increase your cover amount if your lifestyle changes
• Your cover amount will not decrease while your policy is active
• Covers you for the whole of your life
• Covers you immediately for accidental and natural death
• Suicide is covered after the first two years
• Provides access to Expo-Sure, a confidential HIV testing and treatment programme for accidental exposure.

Liberty Life – Universal Lifestyle

• This life insurance plan provides you with both risk cover and an investment in one policy. It is up to you to choose the mix of insurance and investment elements and tailor the plan to your needs.
• You can also change this mix throughout your life without having to cancel policy and take out a new one.
• A portion of your monthly premium will go to your life cover and the remainder into an investment account. The growing value of your investment account will gradually offset your risk protection benefits.

Hollard Insurance

• Life Cover of R50 000 to R200 000 from which you will receive 20% of your premiums paid back every five years, whether you claim or not. You also have the option of adding your partner onto your policy
• Life Cover of R200 000 to R2 million – Additional cover including occupational disability, functional impairment and female trauma protection; Savings on premiums; death, terminal illness and funeral benefits as part of the life cover.
• Value added benefits at no additional premium including funeral support and repatriation, trauma, assault and HIV protection treatment, emergency medical services, legal and health support benefits

With all these and many more options available to you why have you still not got life insurance?

Here is a brief overview of the history of this phenomenal company that inspires confidence in the short term industry

• The company can be traced back to 1917 when Edward Mountain founded Eagle star in England.
• The company was affiliated to and operated through Bullen Brothers in SA, and subsequently opened up offices in Cape Town, Johannesburg and Durban.
• SA Eagle was borne and listed on the JCE in 1968.
• SA sold its life division in 1972 and has since operated as a short term insurance brokerage.
• In 2007 the company adopted the Zurich brand and is known as Zurich in SA, as the Zurich group now owns 73% share in the company.

Insurance SA Eagle serves both the domestic and the commercial sector and have an extensive network of agents and brokers in SA, Zimbabwe, Botswana and Mauritius.

This insurance house is powerful due to the fact that it offers a wide selection of niche products that cover the short term market.

Some niche products include:

• Motor insurance products; comprehensive insurance covers the collection of a damaged vehicle, has it repaired and then returned to the client.
• B & B insurance is offered which is aimed at this burgeoning industry; this insurance offers you medical advice and access to electricians and plumbers.
• Other products covered are items such as jewellery, expensive rugs, and other items in the event of theft and loss.
• Other cover includes off-road vehicles of all descriptions, trailers, caravans and outdoor and sporting equipment, which is useful in a country such as SA where there are so many outdoor enthusiasts.

Taking out Insurance SA Eagle will mean that you will now be covered no matter what your lifestyle; you might love to boat or cycle, or you might run your own business. There is a short term insurance option to cover every aspect of your life.

.

Reasons
for using a broker

A
broker is not more expensive than a direct insurer – the difference is that
they are able to use many companies in the market to find suitable insurances for
you that do not have the high costs of a call center. It also puts your
insurance business on a more personal level and you won’t have to speak to
whoever is on duty at a call centre and who doesn’t necessarily know your
unique requirements.

An independent business insurance broker in South Africa  will assist companies in arranging competitive
cover. Whilst the premium you are quoted is important, you also need to
consider the cover, terms, conditions, excesses and warranties. This is where
you need the input of a business insurance broker so you can discuss your cover
requirements in detail.

Firstly, you can get a
packaged deal whereby insurers develop policies suited to the particular type
of industry you are in. They cover most of the main business groups, such as
shops, restaurants, offices, salons, hotels, pubs, surgeries etc. They have
certain basic covers included, such as employers’ public liability and then its
up to you to add your own choices of cover for items like contents, stock,
computers, buildings, legal expenses and other special requirements which you
have.

Because there are many types of
cover to choose from – this is where it’s vital to discuss your needs with an
independent broker. Do not rely on any website that offers to compare business
insurance -unless you have the chance to discuss, face to face or over the
phone, what insurance you require.

Business
insurance brokers in South Africa were
established to give personal service to clients. With a reliable broker on your
side you should be able to trust him/her with your every insurance need – from
your home, vehicle and personal possessions to your company’s needs. 

General liability insurance is the most common type of insurance requested by business owners.  Sometimes referred to as public liability insurance – it covers and protects the policy holder from dangerous exposures such as accidents that occur on or off the business property.

What liability insurance does not cover are intentional acts of false advertising or other criminal acts resulting in damages to third parties. We know that the process of construction is arduous and it involves arranging for raw materials; hiring specialized tradespersons who undertake activities like plumbing, bulldozing, masonry and carpentry and managing the overall work flow. The company who employs these sub-contractors is known as the general contractor.General Liability Insurance for ContractorsAlthough contractors can bid for work without having liability insurance, it is not advisable because – what are you in for if a third party makes a claim?

The liability insurance protects the contractor from accidents, contractual liability, and law suits that may result from contracted work. Therefore a general contractor needs to be equipped with liability insurance that provides protection against claims with regard to property damage, personal injury or negligence.Usually, a general contractor is not responsible for the subcontractor’s mistakes but attorneys have found loopholes that allow them to sue the general contractor for negligence. The cost of contractors’ liability insurance varies depending upon the level of risk, the nature of work, the payroll expenses, the gross receipts of the company and the amount of coverage required. The contractor is required to make a down payment for general contractor liability insurance, and follow it up with 9 or 10 consecutive monthly payments.

Your insurance company needs to assess the financial strength of the companies as frequently these companies have ceased to operate due to inadequate financial strength, competitive forces, or changing market place dynamics.

The best car insurances in South Africa is the one that is affordable, fits your budget and your pocket perfectly and the one that offers you products that will suit not only your lifestyle but also one that will protect your assets. Remember that if you need to cover your new music system that has been installed in your vehicle or you would also like to insure items that have been damaged or stolen but that are not fixtures and fittings of your vehicle then it has to be listed under a separate section on your insurance schedule. These might include a swanky pair of expensive sunglasses, a leather briefcase or it might include a couple of expensive CD’s.

There is no “best” car insurance or car cover in South Africa. The best way to find the one that is perfectly suited to you is by shopping for a couple of quotes, which you can do quite easily online. After comparing at least ten different insurance companies, packages and quotes, you will find the best car insurances in South Africa; the one best for you.

*  With such a large selection there are many deals on offer that will benefit the individual; for example, if you are a woman there is insurance that will give you a good deal just for being a careful female driver.

·* Make sure your vehicle has the correct coverage

·* Age and also experience counts when taking out car insurance.

·*  Your car has to be inspected by your insurer

* Finding an insurer online saves both time and money

*  Do some extensive investigative work, as the more knowledgeable you are, the better it will be on your pocket.

For the best car insurances in South Africa, it is advisable to shop around before you settle on one.

 The food and beverage industry is a rather involved and intricate industry. Find insurance that will specifically cover this industry. Shop around for quotes that will offer you the perfect solutions and packages that are specifically tailor-made for your individual business.

Find a company that will give you advice and assistance on insuring your products and will offer strategies on international or on multinational locations and programmes.

All food and beverage insurance products will cover the raw materials for both the retail and the wholesale industry. Your insurance company should then offer you complete support.

The key to insurance and food beverages is the finding expert underwriters; therefore it is imperative that you find the kind of insurance company that will operate both here in South Africa and one that is able to cover foodstuffs all over the globe.

When shopping around for food and beverage insurance brokers, find one that will be able to look for a brokerage house that will offer you a wide selection of products and offer a wide choice of packages and also a wide selection of solutions. This insurance covers liability cover, property insurance, storage of your goods and transportation cover. The insurance should also have environmental cover and also directors and officer’s protection.

Getting the right kind of food and drinks insurance and advice right from the beginning will ensure that underwriting is done properly in order for any claims to be paid out on time.

Running a business comes with insurmountable challenges; it is therefore imperative to do things correctly to avoid annoyance and dissatisfaction. Having goods arrive at their destination that have been ruined or spoilt is trying, tiresome and costly, so why not have a look around to source an insurance company that will aid and assist in covering your goods.

BUSINESS INSURANCE

CHAPTER TWO

Last week we introduced you to the subject of Business Insurance and suggested that you look at General liability, Umbrella Liability and Property coverage. We contine with what we consider to be the essential insurances required for a business, these are:

1. Diability Insurance: We take for granted that we will be at work tomorrow – but what would happen to your business if you were paralyzed for one year?  An illness or accident resulting in disability could seriosly set you back in your life and your business. Disability insurance will replace your income in the event of an accident or illness.


2. Risk management:  Exposure to risk is something that needs to be thought about in detail, as every day you and your business will face some form of liability or risk. This could range from a client slipping and injuring themselves on your premises to one of your employees causing damage


3. Liability insurance: Protecting your small business from risks is of paramount importance and could be the most important decision to your company’s survival. to property of a client or third party, lawsuits against you and your business or even theft from your business – the possibilities are endless


4. Public Liability: Claims by consumers and the public can be incredibly high – enough to put an end to your business. With the correct coverage, you and your business can be protected against any unfortunate and unforeseen problems that could lead to a claim against you or your business.

Depending on what sort of business you run, there is an appropriate cover to suit your needs. Do not look at insurance as just another added expense to your overheads, but as being an intrinsic part of the longevity of your business and your livelihood when inflation rises.

Do I need Business Insurance you may ask yourself. It should be a question posed by anybody who has their own business or those who are looking to set up new businesses. Business Insurance is also known as Commercial Insurance.

A business is exposed to a variety of risks and a businessman with savvy will take the necessary steps to mitigate those risks. One valuable risk

manager is insurance.

Running a business without insurance exposes it to serious risks. Without insurance coverage, a single accident or lawsuit could clean you out overnight and put an end to your business financially.

What types of insurance do you need to make sure your business is financially secure?

1. General liability: This insurance not only protects you if anyone is injured at your place of business, but it also covers any injuries that might be caused by a product or service which you sell.
2. Umbrella liability: This insurance fills in any gaps left by all your other forms of insurance and ensures you won’t be stuck with a big bill.
3. Property: As you wouldn’t think of going without a homeowner’s policy, you also need to insure your business property. This insurance is a must to protect your company’s assets. While it isn’t required by law, it’s always to limit your liability in the event of a natural disaster or other calamity. Without it, your business may not survive financially.
4. Car insurance is also a vital component when investigating your business insurance needs.

LOOK OUT FOR CHAPTER TWO ON BUSINESS INSURANCE NEXT WEEK.

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It is really quite easy and very possible to save a large percentage on your insurance premiums every month. Shop around online or let the insurance experts step in and do this task for you. Everyone differs from the next person, therefore you should find the perfect insurance deal to suit your individual needs and requirements.You will be able to save as much as 32 percent on your monthly insurance premiums if you are smart and look around before committing yourself to an insurance policy that will suit your needs. Guaranteed results are a given, and with no fewer than 150 00 customers on the books that are both happy and satisfied with the type of service and deals offered.

Go online for comparisons and quotes that will enable anyone to enter their details and information on a single website, and a menu with a plethora of options will enable you to compare the different options available.

Nice thing is that the different insurance houses will  contact with you a variety  of prices, options and quotations. Your professional online insurance company has partnerships with many of the large insurance companies, and will submit  your  details to companies and brokers, so that you
will be in a position to choose the best that is available.

Your private information and details will be kept private and confidential and there are strict rules in place to protect you when you submit your details.Copying, reproducing, republishing, uploading or distributing this information is ever allowed.

To find out more about online insurance quotations and comparisons, call us to find out more.