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Hi and a warm welcome back to all our readers.
Last week we took a look at the issues surrounding lift club insurance. We will be attempting to keep you updated on the subject on an ongoing basis and we are in the process of obtaining the official view on the subject from a few of the larger insurance companies. So make sure you check the site regularly to keep informed on the matter
This week we take a quick look at a new product released by the Pep stores group in partnership with Hollard.
The focus of this new venture is on making insurance available to the consumer as an ‘off the shelf” retail product. With the insurance sector having focused predominantly on the consumer with access to debit or other pre-arranged payment facilities, this product is aimed at a consumer market that does not have these banking facilities to its disposal. This would most likely include the lower income individual and persons who prefer making cash payments rather than using the banking system.
Take a look at the articles on the subject under newsworthy articles.
In our next update we will be taking a look at comparative pricing on vehicle insurance.
We will list the criteria we used as well as the outcome under the insurance comparison section and will be running a series of price comparisons on various products in the weeks to come.
We welcome you to share any views or opinions you have with us at any time by sending an email to editor@insuranceadvisor.co.za
Once again happy and informed insuring!
The Editor
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