Business insurance is not just an extra expense that can be done without. It is an essential part of running a business and should not be overlooked or left until later. Just like with life insurance and car insurance, you do not want to be caught without it when you need it the most, because by that time it will be too late.   Why is small business insurance necessary? It is very important to insure your small business simply so that you are covered for any eventuality. There are many different types of insurance that will cover you for a range of different things depending on which type you decide to go for. Some of the different types of insurance and what they usually cover are listed below:   Business property insurance This form of small business insurance simply protects your assets from harm or loss. This may mean protection for your buildings, machinery, equipment, stock, computers, tables, chairs and anything else owned by your business from theft, fire, damage and many other possible incidents. You may also be covered for natural disasters like floods and earthquakes and you could also be covered for loss of income. Liability insurance… Read More

Most vehicles are incredibly expensive to replace, repair and maintain and with insurance, you will be able to rest assured that you are covered for almost any eventuality. Depending on what form of insurance you take out, you will have a different level of cover. This makes buying a vehicle even more costly as you will have to take into account the cost of your monthly cover as well as the costs of the loan repayments and interest if you, like most South Africans, have had to take out a loan to finance your vehicle.   Why is car insurance important? Car insurance is absolutely essential for several reasons. with the high rate of motor accidents happening on our country's roads it is simply not worth the risk to drive a vehicle without some form of financial vehicle cover. The second reason that vehicle insurance is essential is the cost of an accident. There is an incredibly high accident risk on South African roads. There are very few drivers who have never had some sort of accident, no matter how small and cheap to fix. If you accidentally bump into someone at a stop sign or even if you are… Read More

It is often tempting to refuse to think about what would happen if something were to befall you. Between death, accidents and illness, there are many things that can damage your capacity to earn an income and cover the living expenses of yourself and your family. Should an accident happen or a disease strike, you do not want to be left unable to bring in any money to take care of yourself, your spouse and your children. If you had to add the stress of financial problems to the stress and trauma of becoming disabled, you would find yourself in an even more difficult position. It is therefore a good idea to know what disability insurance is and when to get a disability insurance policy.   What is disability insurance? A disability insurance policy will pay out up to 80 % of your salary if you are disabled and unable to earn an income. This will cover most of your living expenses and enable you to survive should something befall you. Some people are only disabled for a period of time, while others are disabled for life. Depending on the policy that you choose, you could receive cover for the… Read More

It is essential, when you are shopping around for disability insurance, that you get several cover quotes to ensure that you are getting the best cover for your money. It does not matter what age you are, if you are an adult you should have disability insurance cover. It is never to late to apply and you can be sure that you will not regret having cover against disabilities from a reputable, well-known disability insurance provider.   What is disability insurance cover? Disability insurance cover will pay out if you are injured and become disabled. If your disability prevents you from working your normal job, or limits your earning potential in any way, your disability insurance cover will allow a certain amount of money every month to cover you for your lost income. Your disability insurance cover will allow you peace of mind so that you know you and your family will be looked after in the event of a serious injury that will prevent you from earning an income.   Why is it necessary to get disability insurance cover? Although it may be macabre to spend your time considering what life would be like if you were injured, it… Read More

Insuring your vehicle is one of the most important steps to living responsibly, and the following five recommended car insurance providers in South Africa should ensure that the process is easy, efficient and affordable. Your vehicle is probably one of the most expensive and essential items you will own in your life time. You cannot live a successful life without transport, and you probably saved and took out a loan to pay for your car. You cannot predict what the future can bring, and if you are involved in an accident you will want to know that all damage repair will be covered. Likewise if your car is involved in a fire or is stolen, you will want to rest assured that you are covered for a replacement vehicle. Because your car costs you so much of your hard earned money and because transport is so essential, surely you want to ensure that you will be covered for any eventuality. Although vehicle insurance is not obligated by law in South Africa, it is strongly recommended. Without insurance, you will not be covered for damage on your own car and you will not be covered for damage that you cause to… Read More

When you compare bike insurance quotes online, take a moment to understand just how much simpler insurance and the search for it has become since the internet took off. In the past, getting just one quote meant filling out forms, sending paperwork and time wasted waiting for an answer from the insurance company. To get more quotes required you to go through the whole process yet again. Many people settled for expensive insurance when there were much cheaper options available. The internet has made it easy to find several different companies and get quotes in a very short space of time, and there are even companies who, once you have fed in your information and needs, will find quotes for you and narrow them down. The process could not be simpler.   How to find bike insurance quotes Finding insurance companies is easy. Simply look online in classifieds and business directories. You can also ask around for recommendations. As with everything, make sure you research each company to look for complaints of bad service or dishonesty and factor what you find into your decision. Some of the bigger companies are more than happy to contact you and send you all… Read More

Why is it necessary to have life insurance? If you are alive and well, you probably don't think much about your death. Why distract yourself from enjoying life with macabre thoughts of what would happen if you died? Life is too short, right? Right. Life IS too short. Which is why you should give a little thought to what and who you would be leaving behind if you died today. If you had to die in a car accident on your way home from work today, the very next thing your family would have to concern themselves with, after dealing with the shock and pain of loss, would be money. There are a myriad of payments involved in death, including but not limited to, the following: The funeral Even if you are not religious and do not want a service, the costs of burial or cremation are very high. If you were to have a service of some sort, as is generally the case, church hire, service fees, flowers, the coffin, press notices, the cost of transporting family to the funeral and food and drink for the wake afterwards cost a lot of money. According to Times Live, a 2008 assessment… Read More

No matter how wacky your wheels, you must have insurance for old cars to protect your vehicle and yourself against theft, damage, or damage you cause to other people’s property. If you have taken out insurance, the company providing you with cover will compensate for any losses you suffer. Many countries actually stipulate that car insurance is compulsory; and although it is not legally binding to take out car insurance in South Africa, it certainly is recommended. Even if your car has been paid off in full, not having car insurance is just not worth the risk.   One of the benefits of insuring an older car is that you can pay lower premiums – because your car is older and less attractive to  thieves, the risk of theft is lower. On the other hand, old cars can be easier to break in to and may be in demand for the harvesting of vehicle parts.   What can car insurance cover? Protect your finances: Even if you car is old, it can still cause injury or damage if it gets in an accident. If you car causes damage to someone else or someone else’s property, you could be liable to… Read More

The Discovery company is usually associated with medical aid, but they have recently entered the short-term insurance market with Vitality Drive - Car Insurance from Discovery Insure. Discovery’s Vitality Drive program is unique in that it uses a DQ-Track telemetrics system that was developed through collaboration with Ctrack. The Ctrack telematics system allows Discovery to measure the way that a client drives: good driving will be rewarded as the cost of insurance will decrease; but bad driving causes the insurance cost to rise. This reward system encourages drivers to change their bad driving habits into good ones and decreases the risk of accidents happening. Better driving means fewer accidents, allowing both the consumer and the company to benefit from the Ctrack technology. All drivers using the system have the opportunity to review their driving habits and see where improvements can be made to reduce the cost of their insurance. A scientific gauge of driver behavior is measured using proprietary algorithms from Discovery, alongside telematics technology from the Ctrack system.   Why Ctrack? When they conceptualized Vitality Drive, Discovery choose to partner with Ctrack. The technology for the Vitality Drive plan was developed and manufactured in the Ctrack production facility in… Read More

These days, we are spoilt with choice as consumers, so you may find yourself asking: "What are your options when choosing car cover?" Driving an uninsured car is like riding on a roller coaster without strapping in – you just can’t afford to do it. In fact, driving without insurance is actually illegal in some countries. Cars are expensive assets, so when accidents happen they can be major setbacks as it may take you some time to find the money you need to repair the damage. Remember, you can also be liable for damage to someone else’ vehicle, meaning double the cost. Fortunately, car insurance options have become more affordable and more adaptable. This allows you to choose the plan that best suits your needs and your budget.   These days, there are many car cover options that are customized to suit the individual needs of motorists. New policies for car cover are more flexible than ever before to offer sufficient cover at an affordable price. So, what are your options when choosing car cover? Essentially, there are three different types of car insurance policies that are the standard options that are refined over the years as motorists’ needs change:… Read More