The Easter break is fast approaching and many South Africans are making travel plans to enjoy family time, attend church conferences and get a break from their busy work schedules. While the holiday is high on the agenda for many consumers, adequate protection of valuables such as car, home contents and other personal belongings may not be.
“While having insurance in place to protect valuables such as your car and home is necessary throughout the year, there are factors specific to holiday seasons that should be red-flagged on your pre-holiday check-list.”
This is according to Etienne du Toit, Momentum Short-term Insurance Chief Commercial Officer, who highlights that getting in touch with your financial adviser and/or insurer to understand what you are covered for is essential so you can put measures in place to ensure you are not underinsured.
“It’s important to review the details of your short-term insurance policy ahead of the holidays so you can get the necessary cover for all your valuables. It is also vital to inform your insurer if you leave your house unoccupied for a period of 60 days, as this might come with certain conditions,” he says.
For those planning to travel abroad, du Toit suggests taking out insurance for personal belongings you carry with while travelling.
“If you are going overseas, consider all-risk cover which protects your personal belonging or those of any member of your household. With Momentum, your valuables such as bicycles, clothing, jewellery, cameras, luggage and mobile phones are protected anywhere in the world, subject to certain limits.”
For added peace-of-mind when travelling outside of South Africa, Momentum Explorer offers vehicle insurance cover for travellers in neighbouring countries such as South Africa, Angola, Botswana, Kenya, Lesotho, Malawi, Mozambique, Namibia, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe.
It also includes emergency accommodation, repatriation of your car, medical repatriation and inter-hospital transfers while outside of South Africa. Another holiday-related inclusion of this policy is cover for vehicle mechanical or electrical failure, car loss or damage due to an accident, and watercraft cover for any boats or jet skis you may want to take along with you,” he adds.
Du Toit also shares his top tips for stress-free claiming if misfortune strikes during your holiday:
1. Have the emergency contact details of your insurer with you at all times. Momentum clients can find this information on the app, website or their policy documentation.
2. Report damage or theft of your valuables to law enforcement authorities as soon as possible.
3. Momentum clients can use the Momentum App or website for hail and windscreen claims to ensure quick and easy processing. Other types of claims can also be submitted effortlessly using the Momentum app or website.
For more information, visit www.momentum.co.za.