Budget Insurance South Africa | Life, Car, Home and Business Insurance
You are on Uni24.co.za, in this article, we bring to you everything to know about Budget Insurance. An insurance company is any firm that provides a means by which risk is managed. Put it this way, Budget Insurance sells packages that offer protection against unexpected life circumstances in relation to damages, loss, theft or any bad situation.
With that said, Budget Insurance provides an array of insurance protection categorized into four groups. These are Budget Insurance Motor Insurance, Budget Insurance Health Insurance, Budget Insurance Travel Insurance, and Budget Insurance Home Insurance. These are some but a few of the insurance services this company offers. Other areas of protection include Fire Insurance, Life Insurance, Liability Insurance, Business Insurance, and many more.
About Budget Insurance
We offer home, car, van and life insurance policies designed to meet today’s busy lifestyles. We’re a UK based insurance intermediary that aims to keep insurance simple. To date, we’ve helped almost three million customers across the country find simple, flexible insurance products to suit them.
Services of Budget Insurance
Budget Insurance South Africa – Car Insurance
Comprehensive Car Insurance
Cover your car for accident damage, theft, loss and third party damage
Third-Party, Fire and Theft
Covers everything Comprehensive insurance does, except accidental damage to your own car.
Budget Lite
This cover is perfect for financed and non-financed cars valued at under R250 000.
4×4 Insurance
Comprehensive insurance for your off-road vehicle.
Scratch & Dent Insurance
Auto Top-Up Plus
Tyre & Rim
Extended Vehicle Warranty
Pre-owned Vehicle Warranty
Budget Insurance South Africa – Home Insurance
Home Contents Insurance
The insurance that covers all the contents of your home.
Building Insurance
Cover the structure of your home against fire, floods, storms, earthquakes and more.
Budget Insurance South Africa – Business Insurance
Professional Business Insurance
Specialised cover for professional business owners like architects, lawyers, accountants and more.
Office Business Insurance
Get cover for your building, accidental damage and theft of your business goods.
Medical Business Insurance
Give your patients the best care and we’ll cover your equipment, machinery and more.
Construction Business Insurance
General Business Insurance
Directors & Officers Insurance
Tailored Insurance Solutions
Courier & Delivery Insurance
Broadform Liability
Directors and Officers Liability
Professional Indemnity
Budget Insurance South Africa – Other Insurance Services
Life Insurance
Make sure your loved ones are taken care of when you no longer can.
Portable possessions
Cover all your portable items like jewellery, cellphones and electronic devices.
Personal Accident Cover
In the event of an accident, this cover ensures that your family will be provided for.
Motorcycle Insurance
Caravan Insurance
Trailer Insurance
Watercraft Insurance
Legal Cover
Funeral Plan
Contacts of Budget Insurance
New Customer Sales: 0861 00 13 53 | Existing Customer Sales, Services & Claims: 0861 60 01 20 | 24 Hour Emergency Assistance: 0860 10 42 11
0861 00 13 41
0861 60 01 20
0860 10 42 11
0860 10 90 59
0861 115 653
Frequently Asked Questions on Insurance in South Africa
How Much Is Car Insurance per Month in South Africa?
Car insurance in South Africa comes at an average cost of ZAR 1,322.00 per month. It should be noted that this varies greatly from one company to another the difference is the extent of insurance coverage you get and other premium services that come with the package. On a broader scale, the average monthly payment for car insurance is about 58 USD. Factors that influence your insurance premium include your driving history, your current location, and the coverage.
Does Life Insurance Pay for Suicidal Death?
The answer to this question varies from one insurance company to the other. However, most insurance companies include a suicide clause in their life insurance policies. This simply means that the first two years of a life insurance policy do not cover suicide-related circumstances. This is done to protect the firm from situations where a policyholder purposefully commits suicide with the hope of winning his family or beneficiaries’ payouts. But in the case of a life insurance policyholder whose been with the firm for more than 2 years, a death benefit is paid out to the beneficiaries.
What Is Short-Term Insurance?
Short-term insurance is any insurance policy that lasts for an hour, day, week or month. These policies are designed for very short-term needs. It should however be noted that some insurance companies offer longer durations under this package. Generally, they provide protection against theft, damage to goods or property or any other form of liability.
What Is Excess in Insurance?
Excess in insurance is generally the amount of money you have to pay to cover your insurance claim. This allows the insurance to pass on an agreed amount of the risk to the policyholder and is included in the policy. So in the event of an insurance claim, the beneficiary pays a portion of the claim cost and the insurance company pays the rest.
How Much Is House Insurance in South Africa?
How much is house insurance cost in South Africa? In South Africa, prices for home insurance vary from Rs 1,800 per square foot for basic projects and Rs 3,000 per sq ft for lavish projects. The coverage for house insurance extends to theft, fire, malicious or flooding, lightning, and storms. The two common coverage include Home Structure Insurance and Home Content Insurance.
Home structure insurance protects against damages to the structure of the building on the exterior or interior often resulting from storms, earthquakes, flooding, or lightning.
The home content insurance covers property theft within the house or damages to any property within the house.
