As a result of the recent looting, destruction of property and
criminal activities primarily in KwaZulu Natal and parts of
Gauteng, business owners are surely turning to their insurers to
help them recover the costs of their losses, and to chart a way
forward.
The South African Special Risks Insurance Association (SASRIA) has
confirmed that it holds sufficient funding to cover claims allowed
for in its scope, with every insurance policy in South Africa -
whether personal or business - including SASRIA cover.
Cover from the public enterprise non-life insurance company
provides insurance protection for damage caused by particular risks
such as politically motivated malicious acts, riots, strikes,
terrorism, and public disorders.
