Ombudsman For Short Term Insurance

What does Short Term Insurance Ombudsman do?

Established in August 1989, The Office of the Ombudsman for Short-Term Insurance wa established in the 1980's. Its main existence is to provide customers with a free dispute resolution mechanism.

It offers a "no risk" way to resolve disputes between customers and insurers. The Office can assist personal short-term insurance such as; Motor insurance, House owners Buildings and contents insurance, cell phone insurance. travel insurance, disability issues, credit protection insurance.

The Insurance Ombudsman can also solve insurance issues for small businesses, including a sole proprietor or trader, a juristic person, partnership or trust that has a turnover in the last financial year of less than R25 million.

Claim disputes, which the Office can assist with, include fire and allied perils, glass, theft, motor, travel, sickness and accident and SASRIA claims.

What is Short Term Insurance

Short-term insurance is insurance that you take out on your possessions such as your house, car, cellular phone or home contents against loss due to events such as fire, burglary or damage. You can also buy short-term insurance to cover your health or disability events as well as a legal liability.

Contact Ombudsman for Short Term Insurance

Below you will find contact details for Insurance Institute of South Africa compiled by the Insurance ZA research team.

Website:    Insurance Ombudsman For Short-Term Insurance

Email:    info@osti.co.za

Postal Address:     P O Box 32334 Braamfontein, 2017

What is Insurance?

Insurance is an arrangement which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death of a client or citizen in return for payment of a specified.

The most common types of insurance provided by companies in South Africa are, car insurance, health insurance, life insurance, funeral insurance, travel insurance. pet insurance and business insurance.

Definition of an Insurance Premium in SA

An insurance premium is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.

Top Performing South African Insurance Companies

Here are the top performing insurance companies in South Africa according to figures released this month.

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For more information contact the team at Insurance ZA by emailing insurancefriendly@gmail.com