
South African Insurance Association's Nickey Mothiba on #ProgressiveTalk
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Your Responsibility as a non-life Insurance Policyholder . An insurance policy is a contract between “the policyholder” and the insurance company. It is a contract where both parties, agree to certain responsibilities as outlines in your insurance policy document. When buying an insurance, we do so to safeguard ourselves so that in the event of a loss or damage to our assets, the insurance company can compensate us. The terms and conditions associated with that cover is detailed in the policy document.