short term insurance
Motor and household insurance comparison:
Submitted by byrnie on Fri, 2011-12-09 06:07Image/Video:
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Short description:
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.
Content:
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
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