Tag: public liability insurance
Why underinsurance could come back to bite policyholders
Many policyholders are underinsured, whether it be deliberately or ignorantly so. Either way, it may just come back to bite them at the claims stage. Underinsurance arises when the amount for which an object is insured is less than the actual value thereof.
What insurance do you need as an Airbnb host?
Airbnb launched in South Africa in 2015. Since then, the number of home hosts has grown to more than 35,000 with South Africans pocketing more than R3.8 billion over this time. The ripple effect of this booming Airbnb community has also proved significant, resulting in an economic impact of approximately R10 billion and supporting upwards of 22,000 jobs. So what’s the catch?
State’s liability for damages under the Schools Act
The South African Schools Act 1996 makes the State liable for any delictual damage or loss caused as a result of any act or omission in connection with any school activity for which the school would otherwise have been liable.
