This insurance option has provided many South Africans with the opportunity to cover the financial risks to their material possessions and those of their loved ones without paying hefty premiums.
Amongst others this includes vehicle, property, household, medical, personal liability, travel and business insurance. The reason why these policies are classified as short term insurance is because your insurance needs in this regard will change over time.
A short term personal lines policy is taken out to cover the risk of an individual while a commercial lines policy is taken out to cover the risk of a business/enterprise.
Sam Goudvis & Associates is contracted with various insurance companies. Our aim is to provide you with the most comprehensive cover with the lowest premium.
Companies we can quote with:
- Auto & General
- Mutual and Federal
- Plus Plan
- AC & E
There are also different product options one can choose from that suit your need and your pocket.
Comprehensive Vehicle insurance
Covers Theft, accidental damage, damage that you accidentally caused to a third parties property.
Third party, Fire and Theft
covers only damage to a third party vehicle or property and covers your car if it is stolen or catches on fire
Third party only
covers only damage to third party vehicle’s or property
Personal line short term insurance
Type of individual personal lines insurance - Vehicle Insurance protects you against financial loss if you have a vehicle accident.
- Home owners building Insurance Covers for loss or damage caused by fire, lightning, explosion, earthquakes, the bursting or overflowing of geysers,
equipment or pipes and storm or flood/damage.
Damaged caused by animals, vehicle and falling trees.
Malicious or intentional damage
Break in or theft
- Household contents, Covers for loss or damage to household goods and personal possessions (Like Camera’s, Jewellery, Laptops and cell phones)
Covers for loss or damage caused by fire, lightning, power surge, explosion, malicious damage, storms, bursting or over-flowing of geysers, equipment or pipes, break-in and theft.
Cover for food deteriorated because of power failure or if your freezer breaks down.
Cover for stolen washing and/or garden furniture
Liability as household owner
- Medical aid Gap cover Personal lines insurance includes property and casualty insurance products that protect individuals from losses they couldn't afford to cover on their own.
These types of insurance lines make it possible to do things such as driving a car and owning a home without risking financial ruin.
Commercial short term insurance
Business risks you can ensure that an individual wouldn’t face.
- Contents of the office and equipment
- Profit losses of the business
- Dishonesty of employees
- Transit Of Products
- Bodily injury of employees, partners or directors , Employers Liability
- Unforeseen, sudden and accidental breakdown of business machinery
- Deterioration of the business stock
- Additional exposure of the business vehicles.
Higher risks a commercial vehicle is used far more often than a personal vehicle, and often involves carrying abnormal loads. There is a higher chance of damage to the vehicle or of it being involved in an accident as it spends more time on the road
Higher premiums Because of the higher risk with insuring commercial vehicles, your premium – the monthly fee that you pay an insurance company – will be higher.
Multiple drivers in many cases, more than one person will drive a commercial vehicle. For example, if your business has a fleet of vehicles, you may employ several drivers. For this reason, a commercial vehicle insurance policy needs to extend to every driver.
Transporting non-owned goods in a business environment, you could often be transporting goods in your vehicle that don’t belong to you. If something happens to them, for example they’re damaged in an accident or stolen, commercial insurance covers the replacement of those goods even though they don’t belong to you.
How quick and easy is it in South-Africa to steal a car or get into your home?
Remote jamming is when a criminal within close proximity to you and your remote is able to block the signal of your remote by pressing a similar remote at the same time. Remote jamming also known as car jamming can prevent the locking and alarm system from being activated on vehicles, businesses and homes, leaving these vulnerable to theft.
Remote jamming is simple to avoid. Simply follow these tips:
Ensure that your vehicle is actually locked before walking away. This may take a little extra time, but the act of tugging on the door handle to ensure the contents of your vehicle are secure could save you a lot of money and the hassle of reporting a theft. Double-check that your boot is locked. If you are close enough, you should also be able to hear your locking mechanism activate.
Do NOT leave valuable items in your vehicle, particularly where they are visible to passers-by. Something as innocent as a jacket or a bag of shopping can be enticing to criminals. Where possible, park in safe, crowded areas where there are lots of other vehicles and ideally, security personnel.
Be aware of your surroundings. Look out for suspicious individuals near your vehicle. Someone standing nearby with their hands in their pockets, with no apparent reason to be there, may well be concealing a remote jammer in their pocket. Or like in the video, a suspicious vehicle parked close to yours with tinted windows and/or suspicious looking passengers could also potentially be remote jammers. Most importantly, NEVER approach or confront any individual that you may suspect of remote jamming. By doing this, you may be putting yourself in danger.