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The Road Accident Fund ( RAF) is a South African state insurer [1] [2] that provides liability and collision insurance coverage to all drivers in South Africa. [3] RAF does not cover property damage (such as damage to vehicles, buildings, and the contents of a vehicle). The RAF issues settlements by assigning the claimant a percentage of ...
A Japanese vehicle insurance policy issued by the Mitsui Sumitomo Insurance company. Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from ...
The law of insurance in South Africa consists of. rules peculiar to insurance (like the rules on insurable interest, subrogation and double insurance ); rules applicable to all contracts (like the rules on offer and acceptance, and contracts in favour of third parties); and. general contractual rules that have undergone changes in the insurance ...
General Accident Insurance Co South Africa Ltd v Xhego and Others [1] is a case in the South African law of delict, particularly the area of compensation for motor vehicle accidents. The case was heard in the Appellate Division, by Joubert JA, Van Heerden JA, Smalberger JA, F H Grosskopf JA and Van Coller AJA, on November 18, 1991, with ...
South Africa. Key people. Burton Naicker, CEO. Website. www .miway .co .za. MiWay Insurance is the first South African -based direct insurance company to offer the purchase and administration of short-term insurance policies online. [1] MiWay was launched in 2008 as an initiative between Santam, Sanlam and PSG. [2]
Discovery Insure – Sandton, South Africa – 100% Shareholding – Offering motor vehicle, household and other short-term risk insurance in South Africa. VitalityHealth – London , United Kingdom – 100% Shareholding – Offering personal medical insurance products in the United Kingdom. 25% of the venture was previously held by Prudential ...
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