MUA | Insuring the individual

Motor and household insurance comparison:

2011-12-09 06:07

A brief overview of some of the benefits of your policy at MUA Insurance Acceptances compared to those of a new entrant to the short - term insurance market.

Section	Type	Your policy (MUA)	“Insurer B”
General
	Claims Preparation	Yes	No
Contents
	Property in the open	Yes	Yes (minimal)
	Accidental Death of insured	Yes	No
	Cover for items in temporary premises (hotel/office/holiday home)	Yes	No
	Gifts at your residence of certain events	Yes	No
	Property of parents in residential care	Yes	No
	Keys and Locks	Yes	Yes (home only)
	Fire brigade charges	25 % of sum insured	R5000
	Accidental damage to Tv sets/furniture glass	Yes	R5000 per item
	Optional loss of water extension	Yes	Not available
	Money	Yes	No
Buildings
	Type of cover	All risks	Perils only
	Damage for tracing leaks	100 000	No
	Essential alterations following disability	Yes	No
	Garden Extension	Yes	No
All Risks
	Item limit	NO	YES
	Sunglasses, spectacles, lenses (unspecified)	Yes	No
	Sports equipment/clothing (unspecified)	Yes	No
Motor
	Delivery after repair	Unlimited	R1000
	Medical Expenses	Yes	No
	Accidental damage to winch equipment	Yes	No
	Emergency expenses	Yes	No
	Trauma	Yes	No
	Liability cover for other drivers of your vehicle	yes	No
	Liability within neighbouring states	R25 million	No
	Towing and storage within neighbouring states	Yes	No
	Damage to borrowed cars	Yes	No
	Car hire vehicle following theft/hijack	Full cover, optional	21 days Category A
	Can period of car hire be upgraded?	Yes	No
Personal Liability
	Limit of first choice indemnity	R25 million	R2500 000
	Tenants’ liability	R25 million	R1000 000
	Wrongful arrest	R25 million	No
	Contractual liability (security co, garden service)	No	No
	Credit card	No	R3000
	Hole in one/Bowls full house awards	Hole in one: R10 000 bowls R5000	R1000
	Worldwide?	Yes	RSA only
	Asbestos liability	No	No
	Liability to domestic workers	Yes	No

Source: The rising sun – July 2011 – Alexander Forbes

Tags: comparison, motor insurance, short term insurance

Add comment

More News

Compliance and Legal

MUA Insurance Acceptances (Pty) Ltd is an authorised Financial Services Provider (FSP No.: 37947) underwriting on behalf of Compass Insurance Company Limited, authorised Financial Services Provider (FSP No.: 12148)

MUA Insurance Acceptances (Pty) Ltd REGISTRATION NUMBER: 2008/011925/07