In the world of sectional title insurance, a surprisingly common issue arises when owners unknowingly insure what’s already covered, and sometimes, they intentionally do so. To make sense of this,…
In the insurance industry, we often say the proof of the pudding is in the eating. When managing geyser claims, the proof is undeniably in the statistics. Let’s explore how…
[Updated: 12 December 2024] Statistically, around 70% of claims are geyser-related. Geyser replacements seem to account for half of these, with the other half being the resulting damage, i.e., damage…
One of the most common questions that arise relating to geyser claims in a sectional title scheme is: “Who is responsible for the excess, and if the replacement or repair…
When insurance claims become an issue, and one very often finds that geyser replacements and resulting damages are the main culprit. There are solutions to this problem. Over the years,…
(Updated 17 July 2024) A geyser is one of those fixtures most of us can no longer do without, being reliant on the convenience of a ready hot water supply.…