Santam makes headway in processing business interruption claims

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

South Africa News News

The core of the issue is whether businesses can claim for damages resulting from the hard lockdown 🔒

SA’s largest short-term insurer Santam said on Thursday it was making good progress in processing business interruption claims, which been the subject of much controversy between the short term insurers and businesses battered the fallout of Covid-19 pandemic.

At the heart of the issue was whether businesses could claim for damages resulting from the hard lockdown imposed by the government as opposed to damages resulting from an actual outbreak at its premises...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I entrusted shantelll_142 with my money since I took rush of investing my money with her platform, and since then I've recovered all I lost to scams. Get in touch with shantelll_142 and get a good mentorship and safe trading.

force majeure

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:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Mango business rescue hits its first speed bumpLabour organisations have objected to the appointing of a consultant to the business rescue process.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

PODCAST | Managing cash flow for business growthSPONSORED | The strategy for managing cash flow has shifted from a topline view to understanding where, when and why it’s going, says Hazel Banach from Investec business lending department. Listen to the podcast.
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Matters | Business Insurance | 31 August 2021Billions in property damage and thousands of jobs hanging in the balance after the rampant riots that recently took place in South Africa. Join Devan Murugan as he chats to South African Insurance Association CEO Viviene Pearson about whether businesses are sufficiently insured to bounce back.
Source: eNCA - 🏆 49. / 51 Read more »