Higher inflation and the weakening rand have put consumers who have not updated their short-term insurance policies in danger of being underinsured, Angelo Haggiyannes, director of Auto & General Insurance, warned yesterday. Haggiyannes said people's possessions were unlikely to be insured at their current replacement values. This meant if they had to make a claim they would probably not be covered for the full amount. - Staff Reporter
Higher inflation and the weakening rand have put consumers who have not updated their short-term insurance policies in danger of being underinsured, Angelo Haggiyannes, director of Auto & General Insurance, warned yesterday. Haggiyannes said people's possessions were unlikely to be insured at their current replacement values. This meant if they had to make a claim they would probably not be covered for the full amount. - Staff Reporter
Not covered
Higher inflation and the weakening rand have put consumers who have not updated their short-term insurance policies in danger of being underinsured, Angelo Haggiyannes, director of Auto & General Insurance, warned yesterday. Haggiyannes said people's possessions were unlikely to be insured at their current replacement values. This meant if they had to make a claim they would probably not be covered for the full amount. - Staff Reporter
Higher inflation and the weakening rand have put consumers who have not updated their short-term insurance policies in danger of being underinsured, Angelo Haggiyannes, director of Auto & General Insurance, warned yesterday. Haggiyannes said people's possessions were unlikely to be insured at their current replacement values. This meant if they had to make a claim they would probably not be covered for the full amount. - Staff Reporter
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