How to insure yourself against the effects of loadshedding

Eskom has implemented rolling blackouts in an effort to control generating capacity due to severe problems at its power plants.

However, many Eskom consumers are having to deal with electrical appliances that are damaged by the power cuts and now it appears there are serious insurance implications!

While power surges can cause appliances to short-circuit, malfunction and even be destroyed - security experts say homes could be targeted by criminals during load-shedding as neighbourhoods are left in the dark.

Speaking to 702's Xolani Gwala, Senior Assistant Ombud at the Short Term Insurance Ombudsman, Peter Nkhuna advised homeowners to double-check that even in the event that their home is robbed while they are away on holiday and the alarm doesn't go off due to loadshedding, they are still insured.

Speak to your insurer to find out under what circumstances you would enjoy cover, find a way of working around it. Most ensurers would be flexible, you'll find that in the case of an alarm requirement, they remove that requirement in exchange for you paying a higher premium. If you cannt come to some kind of understanding with your own insurer, maybe it's time to shop around and find another insurer.

Listen to Xolani's full chat to Senior Assistant Ombud at the Short Term Insurance Ombudsman, Peter Nkhuna...


This article first appeared on 702 : How to insure yourself against the effects of loadshedding


Recommended

by THE NEWSROOM
Read More
Video: Eskom's Majuba coal silo collapse

Video: Eskom's Majuba coal silo collapse

Watch the collapse of the coal silo that has plunged many parts of SA into darkness.

What can Eskom do now?

What can Eskom do now?

Energy and infrastructure specialist Prof. Anton Eberhard talks to John about Eskom's options, and what they can do in the present to avert further crisis.

How does load shedding scheduling work?

How does load shedding scheduling work?

And will the power cuts affect water reservoirs, again? What is the latest in the Senzo Meyiwa killing and we look at the impact of illegal mining.

Will Eskom Keep Your Lights On?

Will Eskom Keep Your Lights On?

Confirmation from Eskom of a prematurely collapsed coal silo at Majuba coal station - along with promises of no further load shedding.

Eskom's Power Plays

Eskom's Power Plays

Power utility Eskom has requested consumers lower use - while also bank rolling a business breakfast at R43 million.

Popular articles
Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

Government moves to seize R1.6 billion in Gupta assets

Government moves to seize R1.6 billion in Gupta assets

The Asset Forfeiture Unit is gunning for the Guptas, says City Press. Bruce Whitfield interviews ENS Africa’s Steven Powell.

Schweppes leaves a bad taste in consumers mouth with their branding mix-up

Schweppes leaves a bad taste in consumers mouth with their branding mix-up

‘You'd have a gin and tonic & you’d find hold on, that’s not tonic water I’ve put in there, that’s soda water' - Stephen Grootes

WATCH: The EFF has scored an own goal says Eusebius

WATCH: The EFF has scored an own goal says Eusebius

Eusebius McKaiser questions the party's use of vandalism during weekend demonstrations at H&M.

SANParks accused of not taking responsibility for the safety of hikers

SANParks accused of not taking responsibility for the safety of hikers

This past weekend, hikers were attacked at St James Peak in Kalk bay. Police are looking for two suspects.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.