How is your excess decided? How is your excess decided? Understanding Excess in South Africa As a South African resident, you must have insurance coverage to protect yourself and your assets from unforeseen circumstances. However, when filing a claim, you may be compelled to pay an excess, which might result in a considerable out-of-pocket payment.… Read More »
What is an excess in insurance? What is an excess in insurance? Understanding Excess in Insurance: A Guide for South Africans As a car owner in South Africa, having the correct insurance coverage is critical to protecting yourself from financial damages in the event of an accident or other unforeseen events. One sort of insurance… Read More »
What Is Excess in Insurance What Is Excess in Insurance Excess in Insurance is the amount of money that an insured person or an individual must pay out of his or her pocket toward a claim before the insurance company covers the remaining costs. It is a standard feature in many insurance policies, including auto,… Read More »