Frequently Asked Questions

What is Insurance and why do I need it?

Insurance has many forms and functions but really just for one purpose to ‘’Provide Peace Of Mind’’. Reasons to Insure: Reduce worry,help to prevent loss and to free up capital because insurance protects your assets in case of future losses.This security applies to individual and businesses.

Why Use An Insurance Broker when I can talk directly to underwriter?

Insurance Brokers are business people whose success rest on your satisfaction through the coverage,price and service.It is in their interest to understand your needs and negotiate on your behalf for competitive premium even when it means approaching several companies to find the right solutions.Because your broker does not work for insurance company. He or she can also assist you with objectives advise if you have to make a claim.

How can I rationalize my insurance cost?

By allowing you broker to prepare an insurance programme that fits your insurance needs.

What is Excess?

Excess is the first portion of each and every claim borne by the insured.

Why should I pay Excess when am not to be blame for the Accident?

To avoid insurers pay for petty damages,losses like dents,scratches,loss of mirrors etc.For example on vehicles and also to make you participate in claim settlements so that incident of claims are minimized in the future.

What can I do to Reduce my Insurance Cost?

There are many discounts that can be applied to your insurance.Talk to the broker to make sure you are receiving all discounts you are eligible for. Additionally,you can decrease your premium by increasing your deductibles. Make certain that you are prepared to pay that decreased deductible in the event of a loss.

Can I get a refund premium if I do not make a claim at the Expiry of the policy?

No you cannot get a refund because you will have enjoyed policy protection for the whole insurance period.