The valuation and the proposed prescribed rules
(Updated 15 January 2025) In this short article, we unpack the prescribed rules, pertaining to the valuation, and effect of insurance presentation. These are the prescribed management rules as set…
sectional title insurance
The Definitions of Insured Values – Part 2
Insurance is a contract between the insurer and the insured, and as such it is subject to numerous terms and conditions as contained in the policy wording. Beyond this contract…
Budgeting for your insurance
We are often asked how much we expect the premium to increase by this year. Our clients expect us to say X per cent, but there is more to it…
Claim settlement of a destroyed section
The matter of market values (purchase price) and replacement values (rebuilding costs) has been the subject of many discussions, but it’s important to distinguish these two values from each other.…
The role of the loss adjuster
What is a loss adjuster? Loss adjusters are independent claims specialists appointed by the insurer (insurance company or underwriting agency) to investigate the larger, more complex or contentious claims on…
16 Tips to Reduce Risk Before Going Away
(Updated: 30 September 2024) It’s that time of the year again; everyone is rushing around and carrying out final tasks so they can go on holiday. Sometimes, we are in…
Beware of online banking fraud
A recent experience by a valued client of ours brought this topic to the fore, and we regularly hear of other incidences where people in business have lost money due…
What does the insurance definition ‘Act of God’ mean?
Insurance is a contract between the insurer and the insured, and as such, it is subject to numerous terms and conditions as contained in the policy wording. Beyond this contract,…
The story behind Addsure’s Sectional Title Insurance Guide
[Updated 7 May 2025] The Sectional Title Insurance Guide was born out of the insurance advice process. It began as a set of bound notes for trustees and managing agents,…
The meaning of proximate cause
Insurance is a contract between the insurer and the insured; as such it is subject to numerous terms and conditions as contained in the policy wording. Beyond this contract, there…