Insurecity Newsroom
Understanding Fidelity Fund Protection in South Africa’s Property Sector for Community Schemes
By Bennie van Dyk, MidCity Property Services (Pty) Ltd, and Herman Liebenberg, Insure City Insurance Brokers (Pty) Ltd A Fidelity Fund Certificate (FFC), issued by South Africa’s Property Practitioners Regulatory Authority (PPRA), is a legal requirement for anyone operating as
Insuring Correct Renewal Terms and Avoiding Pitfalls
The annual renewal of an insurance policy constitutes a new contractual agreement, which may include amended terms and necessary adjustments — whether initiated by the insurer, reinsurer, or influenced by market trends.
Liability Insurance: Are you sufficiently covered?
Liability insurance is a standard feature in most insurance policies, although the coverage limits can vary. In many cases, policyholders can choose to increase their liability cover by paying an
Ensuring you’re insured for the correct values
How to avoid submitting a claim to your broker and realising you have been overinsured, or even worse, underinsured.
Festive season is upon us
After a very long and busy year, it’s time to take that long-deserved break this festive season and spend quality time with family and loved ones.
Burst or Leaking Pipes
“How is it possible that an insurer can expect me/us to know the condition of the pipe inside the walls?” This is a question that has come
Lithium Battery Fires, a Peril Most South Africans Aren’t Aware of
With the increase of installations of alternative energy solutions, users are often uninformed about the associated risks and solutions. Dealing with lithium-ion battery fires, for instance, requires specific strategies due to their unique
Winter is here! This year it came in thick and fast
Wintertime in the northern regions of South Africa is generally a dry season. With that in mind, there is no better time to do some maintenance and upkeep on
Understanding Your Policy Schedule for Smooth Claims Processing
Ensuring that your insurance claims are processed smoothly and without delay, begins with understanding your policy schedule. This document is crucial, as it outlines the specifics of your coverage, ensuring that all relevant
Insurance claims: How, what and why
It’s inevitable that at some point we all have to navigate the claims process on our insurance policies regarding assets covered. For those not familiar with the process, this
Why utilise a broker instead of insuring directly?
Insurance is supposed to be a simple agreement where you insure your assets for a fixed fee with terms and conditions. Knowing that your assets are safely insured should
Is Your Roof Summer Proof?
After a long and very chilly winter, we’re going into what could be a very wet spring and summer. With this in mind, we thought it best
Alternative power solutions and the Community Scheme
How do alternative power solutions affect your insurance policy as a member of a community scheme (Body Corporate/homeowners association)?
Underinsurance and the impact on claims
Underinsurance has been a contentious issue for many years, mostly since the insured only really understands the reality of it once they have had a claim and
Generators
Our power generation system has made the term “load-shedding” a part of our national vocabulary, and something likely to continue for the foreseeable future. This raises the very important question
Warranties included in your insurance policy
What does it mean if your insurer includes a warranty in your insurance policy? A warranty in terms of South African insurance law is a condition
5 Property Maintenance Traps to Avoid This Summer
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