South Africans encouraged to get insured against natural disasters - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

FocusOnClimateChange | As South Africa begins to feel the real impact of climate change, experts have warned that it is vital to get insurance to mitigate the losses suffered during extreme weather.

In the past week, devastating floods caused by heavy rains impacted on thousands of lives in KwaZulu-Natal and the Eastern Cape.

As South Africa begins to feel the real impact of climate change, experts have warned that it is vital to get insurance to mitigate the losses suffered during extreme weather.More than 50 people have died and hundreds more have been displaced. Insurance expert Nico Esterhuizen, from the South African Insurance Association, says with the high cost of living and increase in adverse weather conditions, South Africans should make sure they are insured against any losses or damages suffered.

He says: “We see changes in weather and I think everybody sees that and so as the risk changes, the climate risk changes and it becomes important for people to get cover. Also depending on where you live, you need to make sure you get the right kind of cover.” “Whether its for flooding or its for fire, the cost of living is quite high and therefore we think in terms of survival you need to ensure that you can continue living as before those events.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Union utterances highly irresponsible: SAA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SAA Chief Commercial Officer, Philip Saunders has labelled as highly irresponsible the unions' utterances that flights are being operated by unqualified, inexperienced personnel.
Source: SABC News Online - 🏆 32. / 51 Read more »

Chapter 9 Institutions under scrutiny - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Democratic SA established Chapter 9 Institutions to protect the rights of ordinary citizens enshrined in the Constitution. Duplication of functions and access to ordinary citizens - are some of the challenges that have bedeviled these institutions. Despite this, however, have they been fulfilling their role?
Source: SABC News Online - 🏆 32. / 51 Read more »

SAA to reintroduce domestic flights - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SAA to reintroduce flights from Johannesburg to Cape Town and a return flight from Durban to Johannesburg.
Source: SABC News Online - 🏆 32. / 51 Read more »

Numsa, SAA wage negotiations collapse - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.National Union of Metalworkers of South Africa (Numsa) says negotiations with South African Airways (SAA) management to end the ongoing workers strike have collapsed.
Source: SABC News Online - 🏆 32. / 51 Read more »

AfriForum against NHI implementation - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.AfriForum against NHI implementation Lobby group AfriForum says the National Health Insurance (NHI) should not be implemented as the Health Department is unable to handle taxpayers’ money.
Source: SABC News Online - 🏆 32. / 51 Read more »