BE PREPARED

For Your possessions

Whether you are a newly married couple, a small family, a business owner or a retiree, we all have items that we value.

Be it your home, your cars, your business stock or your household items, should something significant happen to these things,

we can all agree that we will be put at a serious disadvantage.

Can we protect ourselves and families from loss or damage to our valuables?

Yes! PBA Brokers established a short term insurance department in 2013 to provide our clients with

more comprehensive insurance portfolio that will cover more than their life but also their lifestyle.

Short Term Insurance is defined as insurance you take out on your assets such as your car,

your house and your household contents.

Businesses require cover for stock-in-trade, plant and machinery, buildings and liability.

 
 
 
 
 

Vehicle Insurance

The Best type of Vehicle Cover is Comprehensive Cover. What is Comprehensive Cover? It is the highest level of cover a person can have if they take out on their assets. You could compare this to insuring your motor vehicle under the “Third Party, Fire and Theft “option which falls under “Flexible cover options”. This would only pay out in the event that your car is stolen, or destroyed in a fire as well as covering the cost of damage of a third parties’ vehicle should you have an accident.

Comprehensive cover however covers a much wider variety of circumstances for example:

  • If your car is stolen or hijacked

  • If your car is damaged by fire, hail, storm, lightning, explosions

  • If your car is damaged in an accident

  • If you are legally responsible for another person's costs for an accident caused by the use of your   car. This includes damages, legal costs and medical expenses

  • If your windscreen needs repairs or replacement.

 
Some feature that you can opt for under Comprehensive vehicle insurance are:

 

Car Hire

You get car hire if your vehicle is being repaired after an accident or while we are finalising your claim after a theft or hijacking. This is up to a maximum of 30 days. You can be provided with a car that has similar specs as your personal vehicle. Should you require a special needs vehicle, this can be requested.
 

No Excess
You will not have to pay excess on claims caused by accident theft, hijacking if over 55 years of age. There are also options for products that negate your excess.

 

Recovery of Keys, Locks and Remote Control Units
Cover for the loss of or damage to keys, locks and remote control units for your vehicle.

Towing and storage after an accident
This is cover for the combined cost for towing and storage within the borders of South Africa.

Free delivery of your repaired vehicle
This means that you are covered for the cost of delivering your vehicle to you after a repair. Should you have an unforeseen incident whilst travelling to/on your holiday, you can be reimbursed for emergency repairs to allow you to carry on and enjoy your journey. You can also be provided with a budget for accommodation in the event of an emergency.

Trauma cover after a hijacking or major vehicle accident
This is a very unique extra offered by some companies. Car accidents and Hijackings can be very traumatic experiences. This covers you for up to two professional counselling sessions after a hijacking or major vehicle accident.

Credit shortfall
Life doesn’t have a plan. It is not going to wait for you to complete your repayments on your car before you have an accident. If you have an accident and your car is declared a total loss, this cover will pay the amount you still owe on your car to your credit provider.

 

Household Insurance

Get cover on your household contents for theft, attempted theft and burglary, fire, lightning, malicious damage, storm, wind, hail, snow and floods as well as other events. Get lower your premium by adding your household and car insurance together.

 

Features that can be included in your household contents cover:

Home Protector
Cover that furnishes you with home security services for up to two nights after a burglary and emergency accommodation can be provided. If you are away, a security guard can be provided until your place of residence is secure.

Home Assist
You can be assisted with emergency household repairs including electrical, plumbing and locksmith services.

Optional Benefits
Optional benefits can be purchased for an additional premium such as cover for accidental damage to household contents and comprehensive subsidence and landslip cover.

For an additional premium. Such optional benefits are:

  • Accidental Damage

  • Comprehensive subsidence and landslip cover

 

Building Insurance

Building cover includes cover for loss or destruction to your building caused by fire, lightning, explosion, malicious damage, storm, wind, hail, flood and other events.

Features that can be included in your building cover are:

Home Security

You can be provided with home security services for up to two nights after a theft or attempted theft, and emergency.

Home Assist
You can be assisted with emergency household repairs including electrical, plumbing and locksmith services.

Optional Benefits
Optional benefits can be purchased for an additional premium such as cover for accidental damage to household contents and comprehensive subsidence and landslip cover.

Portable Possessions

This is a type of short term cover that protects your valuable possessions that you take with you when you leave your premises. This can include, electronic items, jewelry, handbags and their contents and can even extend to clothing.

 

Personal Liability

What is 'Liability Insurance'?

Personal Liability insurance is a type of insurance that protects an individual from the risk that comes from being sued and held legally liable for something such as injury or negligence. A good example would be if your dog bites someone and they then want to sue you for their medical costs. Liability insurance policies cover both legal costs and any legal payouts for which the insured would be responsible if found legally liable. Intentional damage and contractual liabilities are typically not covered in these types of policies.

Business Asset Insurance

What is ‘Business Asset, All Risk Insurance’?

Business Asset, All Risk cover is a special type of Business Insurance that differs from your traditional business insurance policies. While your traditional business insurance policies only cover specified items, Business Asset All Risk Insurance covers everything to the highest value stipulated unless specifically excluded. A company would benefit from this type of insurance when there is a large number of assets to specify. This allows them to insure for the highest value rather than specify each and every item.

 

There are numerous other value added benefits on all short term products that cannot be discussed here. Contact one of our brokers for more information and to ensure that you are correctly and comprehensively covered at the best rates.

 

CONTACT A PBA FINANCIAL ADVISER TODAY!

Main Office: (011) 803 9686 

Short Term: (011) 803 9686

Fax: 086 552 3057

Email: vivian@pbafsa.co.za

Regional Office, 371 Rivonia Blvd, Edenburg, Sandton, 2128

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