Short-term insurance is a highly competitive industry, each of the players trying hard to convince consumers that it provides the best-value premiums and that it’ll look after us in our hour of need: claim time.
But how do the companies shape up when it comes to dealing with claims?
An energy drink has no place in the hands of a child. Or at least not a child under 12.
And since April 17, all energy drinks made for sale in South Africa have had to carry the following warning: “Not recommended for children under 12 years of age; pregnant or lactating women; persons sensitive to caffeine.”
My first column of 2013 comprised a list of top advice – invaluable stuff I’ve discovered about doing business, thanks to the hard lessons of others.
Included was: “I know it’s not up there on your list of most fun things to do, but go to your filing cabinet, find your short-term insurance policy and your homeowner’s insurance policy and read them from start to finish, especially the exclusions. You may find that despite dutifully paying your premiums every month, you won’t be covered in the event of a claim, because of a term in your contract… do not even consider buying a property without first having it professionally inspected.