Tag Archives: Insurance Premiums

Shortterm Insurance – Principle of Average Explained

AVERAGE OLD CONCEPT Average is an insurance concept as old as the industry. And insurance dates back to the time when people travelled through the desert on camels. Average is possibly one of the most important insurance concepts you have … Continue reading

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Why do Insurance Premiums Differ?

The question is: “Why can another insurer just reduce my premium by R1 300 from what I am currently paying?”  In the full context it is a drop from about R5 000 tot R3 700. It is about a 25% … Continue reading

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