Despite climate change, the likelihood that your house will burn down is thankfully quite low. However, there are few things that are as completely and utterly devastating. Statistics tells us that of those who do have household insurance one in three are under insured by about 30%.
For many people insurance is something they know they ought to have, especially in South Africa where accidents and loss or damage to property are quite common.
If you are new to the world of insurance or would like to make sure that you and your family are adequately covered, this introduction to the various types of insurance may answer a few of your questions.
Remember to consult your financial advisor if you would like more information on the types of insurance on our checklist: Continue reading “Insurance: A Whole World of Options”