Short-term insurance encompasses all types of insurance policies other than life insurance. Amongst others this includes vehicle, property, household, personal liability, travel and business insurance.
The insurance premium will be calculated according to your individual risk profile. An insurance policy outlines certain risks that will be covered by the insurer should a specified event occur. In most cases, you will be required to pay the excess on these items. This is essentially a small predetermined amount of money toward the replacement of what is lost. The balance will then be settled by the insurer.
Finding a suitable Insurance Provider:
There are over 100 short term insurers available to South African consumers. When looking for an insurance provider, it is recommended that you get as many quotations as possible. In this regard, it is best to make use of an Insurance Broker who will be able to present you with multiple options from a range of insurers.
Insurance is an age-old system of risk management that has taken on new meaning in our consumer orientated society. Risks go hand in hand with the accumulation of assets, property and valuables. The most effective way of avoiding unforeseen financial crises is to hand these risks over to an insurer.
Overall, short-term insurance is a valuable method of ensuring the security of your wealth and posessions without long-term commitment and large premiums.
We can assist you with the following:
- Personal Insurance
- Commercial Insurance
- Aviation Insurance
- Professional Indemnity Insurance
- Misrepresentation of Trust Fund Insurance
- Watercraft Insurance
- Contractors Liability Insurance
- Transit Insurance
- Event Liability Insurance