What are the different types of insurance?

There’s a range of insurance plans that cater to different industries. Most people aren’t aware of how varied insurance can be and which insurance plans are important to have. Insurance brokers in Port Alfred can help you choose the insurance plan you need. Here is a list of the many types of insurance available in South Africa: -Property or Home insurance -Car insurance -Travel insurance -Business insurance -Income protection insurance -Legal Insurance (legal cover) -Health insurance (medical aid) -Disability insurance (disability cover) -Funeral insurance (funeral cover) -Life insurance (life cover)

Is it necessary to have insurance?

The thought of paying thousands of Rands for insurance can be daunting. However, the benefits of having insurance usually outweigh the cons. It helps you to manage risks, pay for unexpected mishaps and ensure that your family and friends have a comfortable future. Insurance brokers in Port Alfred invest your premium funds securely, so it can grow, and pay out when there's a claim.

What factors influence my insurance premiums?

It depends on the type of insurance. However, common factors for determining your premiums include: -Age -Physical and mental health status -Marital status -Income -Net worth of insured person -Value of insured items -Levels of safety in your home, office, shop etc -The area you live in

What’s the difference between health insurance and life insurance?

It’s easy to get confused between health insurance and life insurance as they are both related to the wellbeing of a person. However, health insurance covers consultations with doctors, medical procedures, hospital fees and medicine. The goal is to have medical funds that aid people in getting the necessary services to be healthier and live longer. On the other hand, life insurance is a policy that means a certain amount of money will be paid out to beneficiaries if the insured person dies. People who have chronic illness or unhealthy habits are likely to have higher life insurance premiums.

How do I submit a claim?

The process of submitting a claim varies between each insurance broker in Port Alfred. However, it usually entails contacting your insurance broker as soon as possible and providing them with the claim details. In some cases, you can submit a claim online. Otherwise, you might have to speak to an insurance consultant over the phone or in-person. It’s also important to make sure that all claim information is as accurate as possible.

Why do my car insurance premiums increase each year?

There are plenty of factors that influence your car insurance premiums. The value of your car is constantly decreasing so you’re more likely to need funds for repairs and servicing. Car insurance premiums increase because the cost of repairing a vehicle and replacing parts increases every year. One of the few ways to try and bring down your car insurance premiums is driving it less and having a safe parking area for your car at home.

Featured Insurance Brokers near Port Alfred

Mon Voyage Travel And Tours

Services Port Alfred

Monica Claire Stevens, Owner of Mon Voyage Travel and Tours offer’s her passion for travel with over 22 years experience in the industry, specialising in all aspects of corporate and leisure travel. Monica Claire Stevens, Owner of Mon Voyage...

6 reviews

by Steven, 083****747

Monica from Mon Voyage Travel And Tours has provided an excellent and personalized service for all our travel arrangements and flight bookings. The response time for flight bookings and changes is outstanding. Monica has always gone the ext...

Request a Quote

Paramount Body Works

Services Port Alfred

We take the dent out of accident!. Paramount Body Works started in 1944 operating in Drury Street, North End under the ownership of Mr. A. Howes. In 1963, Mr. L.A. Jones took over and moved the business to Slater Street and then to Tuff Stree...

1 review

by Willie, 081****077

Pathetic service from the receptionist trying to avoid me contacting management, to the guy that did the quality inspection. I showed defects upon collection and was told it will be corrected in 10 mins. However when they brought it back th...

Request a Quote

A V A Centre

Services Port Alfred

1 review

by Tina, 084****333

Thank you all at AVA Centre. After having numerous problems with the accident repairs on my Amarok that was 6 months old. I was recommended to Steve Van Der Bank of AVA Centre . Steve Van Der Bank I found to be a very professional and ...

Request a Quote

Ordel Brokers Cc

Services Port Alfred

1 review

by Lezel, 071****388

This is one of those days where I've had to contact our broker requesting documentation and assistance with a company claim. I sent my request through, and within less than an hour I had a response from them with all the information i may...

Request a Quote

Frequently Asked Questions

What are the different types of insurance?
There’s a range of insurance plans that cater to different industries. Most people aren’t aware of how varied insurance can be and which insurance plans are important to have. Insurance brokers in Port Alfred can help you choose the insurance plan you need.

Here is a list of the many types of insurance available in South Africa:

- Property or Home insurance
- Car insurance
- Travel insurance
- Business insurance
- Income protection insurance
- Legal Insurance (legal cover)
- Health insurance (medical aid)
- Disability insurance (disability cover)
- Funeral insurance (funeral cover)
- Life insurance (life cover)
Is it necessary to have insurance?
The thought of paying thousands of Rands for insurance can be daunting. However, the benefits of having insurance usually outweigh the cons. It helps you to manage risks, pay for unexpected mishaps and ensure that your family and friends have a comfortable future. Insurance brokers in Port Alfred invest your premium funds securely, so it can grow, and pay out when there's a claim.
What factors influence my insurance premiums?
It depends on the type of insurance. However, common factors for determining your premiums include:

- Age
- Physical and mental health status
- Marital status
- Income
- Net worth of insured person
- Value of insured items
- Levels of safety in your home, office, shop etc
- The area you live in
What’s the difference between health insurance and life insurance?
It’s easy to get confused between health insurance and life insurance as they are both related to the wellbeing of a person. However, health insurance covers consultations with doctors, medical procedures, hospital fees and medicine. The goal is to have medical funds that aid people in getting the necessary services to be healthier and live longer. On the other hand, life insurance is a policy that means a certain amount of money will be paid out to beneficiaries if the insured person dies. People who have chronic illness or unhealthy habits are likely to have higher life insurance premiums.
How do I submit a claim?
The process of submitting a claim varies between each insurance broker in Port Alfred. However, it usually entails contacting your insurance broker as soon as possible and providing them with the claim details. In some cases, you can submit a claim online. Otherwise, you might have to speak to an insurance consultant over the phone or in-person. It’s also important to make sure that all claim information is as accurate as possible.
Why do my car insurance premiums increase each year?
There are plenty of factors that influence your car insurance premiums. The value of your car is constantly decreasing so you’re more likely to need funds for repairs and servicing. Car insurance premiums increase because the cost of repairing a vehicle and replacing parts increases every year. One of the few ways to try and bring down your car insurance premiums is driving it less and having a safe parking area for your car at home.

Quote requests posted by other customers for insurance

Kloof

Request for Insurance Brokers. - insurance

Bloemfontein

Request for Insurance Brokers. - short term insurance

King Williams Town

Request for Insurance Brokers. - insurance i need a quote urgently for a BnB in King Williams Town .

Pietermaritzburg

Request for Insurance Brokers. - insurance

Johannesburg

Request for Insurance Brokers. - insurance 4 Cars and a stand-alone property with contents to be insured

Johannesburg

Request for Insurance Brokers. - insurance We are looking for quotes for professional indemnity for insurance brokers.

East London

Request for Insurance Brokers. - Short term insurance

Mthatha

Request for Insurance Brokers. - insurance

Centurion

Request for Insurance Brokers. - short term insurance brokers

Benoni

Request for Insurance Brokers. - insurance

Featured Insurance Brokers near Port Alfred

What are the different types of insurance?

Is it necessary to have insurance?

What factors influence my insurance premiums?

What’s the difference between health insurance and life insurance?

How do I submit a claim?

Why do my car insurance premiums increase each year?

Quote requests posted by other customers for insurance

Tell us what you need and we'll introduce you to professionals ready to quote you!

Are you sure you want to cancel the request?

Doing Business

Get to Know Us

Let us Help You

Download Apps