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Did U know ...

That we offer cover for your actual Buildings?

You already know that Alexander Forbes are the South African specialists in domestic insurance.  But did you also know that your Alexander Forbes policy offers market leading comprehensive cover for your actual buildings?

You may have been led to believe that you must maintain this cover with your bondholder, which is simply not the case.  Why restrict the benefits to which you are entitled when you can enjoy much wider cover with AFI.

Let’s look at the advantages….

  • You will immediately save on fees (and probably premium too!)
  • You will enjoy one contact for all your domestic insurance needs
  • You will only pay a small excess on claims

…and unique features

  1. Full cover for accidental damage

  2.  Automatic Subsidence and Landslip cover

  3. Burst geyser replacement

  4. Free protection for inflation during a contract year

  5. All the structures on your premises are covered – including your swimming pool

  6.  When an event occurs at your premises that makes you vulnerable to further damage or loss, your policy covers the reasonable cost of temporary measures needed to safeguard your premises (such as hiring a watchman).

We encourage you to move the insurance cover for your home to your Alexander Forbes policy.  It’s so easy – we do all the work.  Call us now to see if any terms and conditions apply and to compare the cost and benefits with your existing buildings policy.

It makes sense - you’ll wonder why you didn’t do it years ago.

 

What to consider when securing your home for the holidays

Whilst a lot of people will be away, we must still remember the criminal element who may well be looking forward to our holidays as much as we are!  Arrange to have the lawn mowed - even better if the curtains can be drawn morning and evening and the dogs left at home in competent care.

  • If possible organise a house-sitter – ideally someone well known to you or you run the risk of an "inside job".

    If a sitter is not an available option, invest in a timing device to switch on lights.

  • Have someone check on your home to avoid damage from leaking pipes etc.

  • Ensure all the windows are closed!

  • Suspend any regular delivery service and arrange for someone to clear your postbox.

  • Lock valuable items / jewellery in a safe or place in a safety deposit box.

  • Switch off geysers and stoves at the mains – to save on electricity and prevent the risk of a fire or burst geyser.

  • Unplug appliances that may be damaged by lightning.

  • Advise your alarm and insurance companies of the dates that you are away.

  • Give them the key holder / house-sitter’s details as well as your own holiday contact details.

  • If your home will not be occupied, advise your insurer and check for any un-occupancy clauses in your insurance contracts. Failure to do so may lead to the rejection of a claim.

  • Supply the key holder / house-sitter with the contact details of these companies.

  • Test the house alarm and ensure that the back-up battery is working.

Understand your insurer’s requirements with regards to alarm warranties. If you have a house-sitter make sure they understand the implications of not setting the alarm correctly.

 
New controls on drivers' licences ahead -   12-12-06 

Tshwane motorists will be the first to experience the points merit and demerit system next month. 

“The demerit and merit systems will be piloted in Tshwane from next month in order to deal with habitual traffic offenders,” Transport Minister Jeff Radebe said on Sunday.   

The system seeks to change the behaviour of motorists regarding speeding, driving under the influence of liquor, not wearing safety belts, as well as unlicensed and insufficiently trained drivers. 

If drivers are found to be insufficiently trained, they may be faced with driver re-training, especially after serious crashes or repeat violations, the minister said.  

The demerit system is aimed at managing traffic infringement to reduce fatalities on the roads, as it also focuses on periodic vehicle testing. 

Drivers would receive demerits for traffic infringements, leading to the possible suspension of their licence once a certain number of points had been accumulated.
The system could even lead to the permanent loss of a driver's licence by repeat offenders.
However, drivers would also be rewarded for good behaviour by having the demerits removed from their record after a period of no infringements.

In addition, government is to introduce a three year trial for newly qualified drivers as part of its National Road Strategy to reduce road accidents in the country.

During the three year trial period, newly licensed drivers may lose their licenses if they commit certain offences such as driving under the influence of alcohol.

In October, Cabinet indicated that an emphasis in this regard was to encourage new drivers to adopt good driving habits. 

More than 13 000 lives are lost on the country’s roads every year through fatalities, costing the economy more than R43 billion. 

This, because those who died in car accidents were skilled, economically active people, whom the country needed to grow the economy, the minister explained at the weekend. 

The system is set to rectify this by ensuring higher levels of law enforcement and adequate follow-up on fines and punishment.

The system is expected to be rolled out nationally by 2008.

 

Warning on taping of trailers & caravans 

If you have trailers or caravans, see http://www.itinews.co.za/news.aspx?Categoryid=15&subcategoryID=1023 of 27 July 2006 under ‘Getting it taped  : The laws about trailers’  on legislation since 1/1/06 that trailers & caravans must be fitted with reflective tape (and together with the red and yellow retro-reflectors known as 'contour markings') along at least 80% of the sides and rear of the trailer. The link takes you to regulation 192A of the National Road Traffic Regulations (Government Notice R.255 of 17th March 2000. A non-complying vehicle will be classified as 'unroadworthy', and will expose the owner to a possible fine.

 There may also be insurance implications (no valid insurance?).

 
Emerging Trends and Strategic Issues in South African Insurance survey by PwC , issued in June 2006
The second PricewaterhouseCoopers (PwC) Emerging Trends and Strategic Issues in South African Insurance survey has been issued in June 2006, under these chapter headings: Executive Summary; Market Environment; Emerging Issues; Restructuring; Regulation & governance; IT; Performance; Risk Management; Peer review; Appendices & background

As the report is 80 pages long, it’s best read online.  The link is http://www.itinews.co.za/pdf/PWC_Survey_InsuranceSector2006.pdf

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