Personal Insurance – Express Kidnapping, A Growing Threat in SA

By Tim Chadwick | 10th December 2024 | Comments Off on Personal Insurance – Express Kidnapping, A Growing Threat in SA

Express kidnappers force victims to transfer money from their banking apps and PINs or biometrics do not help under duress. Banks usually will not refund these losses and because the act counts as theft rather than fraud, many crime and cyber policies do not respond. Set transaction limits, keep savings in notice accounts, require branch…

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Travel insurance – Risk Beyond RSA Borders

By Tim Chadwick | 2nd December 2024 | Comments Off on Travel insurance – Risk Beyond RSA Borders

With DIRCO advising against travel to Mozambique, this is a reminder of how cross border cover works. SASRIA does not apply outside South Africa, territorial limits differ by policy and section and riot and strike cover abroad may need to be added. Disclose your plans, get written confirmation of cover before you go and heed…

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