The present global financial crisis will impact on every South African in some way or another. That’s why it is imperative now, more than ever before, to take the right decisions timeously to ensure that the effect of the crisis on you as an individual is kept to an absolute minimum.

Statistics indicate that an enormous number of South Africans are underinsured. This is often the result of consumers being uninformed in terms of replacement values and therefore being caught unawares when needing to make a claim. Financial constraints resulting from the worldwide economic ‘pinch’ also play a role.

Consumers often breathe a sigh of relief once they have purchased their household contents or new motor vehicle insurance cover. The premium being affordable, they enter into the agreement without taking the time to familiarise themselves with the content of the contract.