King Price Insurance  


4 November 2009

Santam Launches New Road Insurance Product

Personal Accident Policy launched by Santam
Personal Accident Policy launched by Santam
Unlike other policies this policy covers per insured life, and not per vehicle.

After considerable research into the needs and wants of South African motorists, Santam insurance group has launched its Personal Accident Policy to protect its clients on the road this busy season.

"Santam conducted research into the exposure a client would have at the time of an accident," explained the Executive Head of Santam, Hendri Nigrini.

"Once the results were unpacked, we saw the potential risk of a client being financially ruined in the event of physical harm caused by a road or personal accident," he added. "We therefore developed a new solution that brings peace of mind and comprehensive cover."

The new insurance brand has some interesting features, including a structure that covers per insured life and not per vehicle as is found in other policies.

Customers also have the choice to insure themselves and their families for sums ranging from R50,000 to R5 million.

"We already know that individuals take great care to insure their belongings," said Nigrini, "but often neglect to insure their most valuable asset, themselves. Santam's solution is a stand alone product that offers consumers greater choice of cover types to ensure that a life changing accident doesn't change their lifestyle."

"Each policy is tailor made and has the flexibility of choice in providing a family or individual option," said Nigrini.

Clients have the option of choosing comprehensive personal accident cover or cover for car accidents only.

Claims for these policies will be referred to trained handlers so that they can be processed quickly and efficiently.





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Story Highlights »
  • New customizable policies available to Santam customers.
  • Families can be insured from R50K to R5 million.

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