PSG Insurance South Africa | Life, Health and Business Insurance
You are on Uni24.co.za, in this article, we bring to you everything to know about PSG Insurance South Africa. An insurance company is any firm that provides a means by which risk is managed. Put it this way, PSG Insurance South Africa sells packages that offer protection against unexpected life circumstances in relation to damages, loss, theft or any bad situation.
With that said, PSG Insurance South Africa provides an array of insurance protection categorized into four groups. These are PSG Insurance South Africa Motor Insurance, PSG Insurance South Africa Health Insurance, PSG Insurance South Africa Business Insurance, and PSG Insurance South Africa 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, Travel Insurance, and many more.
About PSG Insurance South Africa
We offer a range of wealth management services for individuals, families or businesses. Our advisers are ready to help you build an investment portfolio to meet your financial goals. You can also invest directly on our online trading and investment platform. Get access to unit trusts, multi-managed funds and solutions, shares and other securities through our investment products. For our business clients we offer employee benefits and bespoke investment solutions to suit your requirements.
Services of PSG Insurance South Africa
MotorHome, contents and possessions
Liability and accident Cover
Value add insurance Cover
Medical aid
Gap cover
Life cover
Income products
Disability cover
Dread disease cover
Business Insurance
Specialist insurance
Contacts of PSG Insurance South Africa
+27 (21) 918 7800info@psg.co.zaPSG Head Office
The Edge, 3 Howick Close
Tyger Waterfront
Bellville
7530
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.
