Wendy Knowler is arguably South Africa’s most experienced consumer journalist. She’s helped more consumers over her 20 year career in consumer journalism than she could count. But while known as a champion of consumer rights, Wendy is also known and respected by corporates for her fair, accurate and balanced reporting. Want to be a more sussed consumer or corporate? Listen to Wendy's episodes here.
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Wendy Knowler is arguably South Africa’s most experienced consumer journalist. She’s helped more consumers over her 20 year career in consumer journalism than she could count. But while known as a champion of consumer rights, Wendy is also known and respected by corporates for her fair, accurate and balanced reporting. Want to be a more sussed consumer or corporate? Listen to Wendy's episodes here.
If you have car and household contents insurance cover, then a tiny part of your monthly premium is paid every month by your insurer to Sasria, a government-owned insurer providing cover against risks such as civil commotion, public disorder, strikes, riots and terrorism.
The good news is while Sasria’s (the South African Special Risks Insurance Association) policy wording states that looting in itself is not considered to be a Sasria event, Sasria accepts that it falls under civil commotion so all related losses are covered.
More good news is that Sasria MD Cedric Masondo says they have enough capital to cover what he currently estimates to be claims of between R3.5billion to R7billion.
About 85% of all commercial properties and government buildings in South Africa have Sasria cover, along with all privately mortgaged properties, and all insured cars. The two thirds of cars on our roads which aren’t insured, don’t have this civil commotion cover.
But there’s something you need to check about your household contents cover. Take a listen…
ECR Consumerwatch
Wendy Knowler is arguably South Africa’s most experienced consumer journalist. She’s helped more consumers over her 20 year career in consumer journalism than she could count. But while known as a champion of consumer rights, Wendy is also known and respected by corporates for her fair, accurate and balanced reporting. Want to be a more sussed consumer or corporate? Listen to Wendy's episodes here.
