Juristic Representative

A Juristic Representative is an invidual who renders financial services to clients for, or on behalf of a Financial Service Provider, in terms of an employment or any other mandatory agreement.

We are happy to have partnered with EZsure for them to render financial services to potential clients on our company’s behalf to service clients financial needs as well as create opportunity for further growth in terms of employment.

Five Reasons to Get Commercial Fleet Insurance for Your Business Vehicles in South Africa:

1. Covering Possible Financial Losses:

The most obvious reason to purchase fleet cover is to plan for events that could happen that may devastate your company financially. For example, if thieves break in and steal your trucks, how will you replace them? You would need to pay large sums of money to restore your business operations.

What if a flash flood washes your truck off a bridge and you lose the vehicle entirely? These are singular examples, but the risks your fleet faces are numerous. If your fleet sustains damage or losses due to an insured event, you can rest easy knowing the costs are covered when you have fleet cover.

2. Cutting Down on Admin:

Business fleet insurance is a much simpler solution to protecting all your vehicular assets. Instead of getting a policy for each car or truck, you can cover them all with one policy. One set of documents, and only one plan means less admin for your offices. Your business insurance portfolio will be simpler and easier to manage.

Your staff can use the time they would have spent maintaining individual insurance for each car or truck focusing on other work instead. This may seem like a small benefit, but when you scale up your thinking, it makes more sense. For a business that owns hundreds or thousands of cars and trucks, cutting down on admin for each policy can mean savings months of work each year.

3. Preserving Business Continuity:

Having a fleet insurance policy is important, because when the unexpected occurs, you can preserve your business continuity. Many fleet cover insurance plans include benefits such as towing and roadside assistance. They often also include a service that allows loan vehicles to be used while your vehicle is being replaced or repaired.

In a pinch, this could mean the difference between delivering on commitments and reaching targets on time. In fact, if you cannot deliver on time, it could breach contracts and lead to massive ramifications for your business. That is why it is important to get fleet cover from a reliable insurance provider that will benefit your company in the end.

4. Saving on Insurance Costs:

Often, a fleet insurance company provides policies that are more affordable than insuring each vehicle one by one. Instead of ten or a hundred different premiums, you pay one premium. Insurers give fleet owners a good price, since they are covering many vehicles under one policy.

This is because it benefits the insurer to put all the vehicles under one policy, too. They want to reward you for choosing to insure your vehicles under one umbrella. Cheap fleet insurance is infinitely better than many car cover plans with separate administrative costs.

Remember, fleet policies are designed specifically to cover risks unique to commercial fleets. It also means the policies do not include unnecessary extras that push up your costs. The cost of fleet insurance is low when you consider the savings and coverage you get.

5. Help in Emergencies:

With fleet cover, you can process claims more easily, since everything goes under one policy. In emergencies, this can come in handy. You will also get benefits such as roadside assistance, tyre replacement, and assistance for when you or one of your drivers has locked their keys inside their vehicle, and more.

The emergency benefits you get differ depending on the insurer you choose. Auto and General have added a service called AutoSOS to all their policies. This benefit comes in the form of a smartphone app that picks up when a vehicle’s regular driver gets into a serious accident and automatically alerts their call center.

Old Mutual/Wyze car cover includes an added benefit that covers any emergency medical bills of any passengers in your vehicle when an accident occurs. As you can see, the benefits differ. That is why it is worth it to compare your options by getting fleet insurance quotes from reputable insurers in South Africa.

By comparing your options, you can get affordable fleet insurance premiums. South Africa’s competitive insurance market is great for business owners; because insurers will, do all they can to win you over. Find out what each one is offering you today! You can start by filling in the form on our page.

How can I take control of my finances in 2022?

The New Year is an ideal time to put your critical goals into action.

By taking a look at your fiscal position or summarizing where you are with your finances is the key first step to managing your financial situation in 2022 effectively. Knowing what you will gain by conducting a thorough financial check is well worth it.

What exactly will you achieve by getting an overview of your financial situation?

When you take a detailed look at your finances, whether your finding is promising (you manage your finances well) or bad (there are concerning signs involving debt), you understand where you are at financially and this is a significant step to pave the way in reaching the future financial position that you’d like to see yourself in. When you increase your knowledge about your situation, you can start to manage what you can control – your debt.

How can you attain knowledge about your financial situation and where do you start?

There are three vital things that you can do to get an overall idea of what your finances portray:

1. Review your latest bank statements:

Take your time to view your payment history on your online banking or download and print out your last three months’ statements to start your inspection. Be on the lookout for those ‘money spending leaks’ (frequent takeaway meals or subscription costs not being utilized). Your review will, for example, allow you to spot some concerning areas involving unsecured debt or high interest-rated debt accounts.

2. Keep an eye on your income and expenses:

As soon as you receive your salary amount or any income and money in your bank account, make sure that you keep track of what comes in and what is going out (expenses) during the month. You can use tools available (for example, by completing your list in an Excel sheet or similar) and keep track of your overall financial position.

3. Pull your credit record at a reputable credit bureau:

You can download your credit report for free each year at any registered credit bureau. TransUnion, XDS (see the Splendi platform), and Experian are three well-known credit bureaus (to name but a few) that you can use.

You’ll gain more insight into your financial situation when assessing your report as it will show you what debt accounts are up to date or that you have defaulted on (behind on payments by three or more months). In addition, you will also be able to pick up possible fraudulent activities and address them soonest.

Begin the New Year by delving deeper into your financial situation so that you can implement an ongoing plan to successfully manage your finances (and your debt) during 2022. The New Year is an excellent opportunity to start working on those critical financial goals that will lead to your financial-wise and sustainable future.

https://www.news24.com/fin24/money/money-clinic/money-clinic-how-can-i-take-control-of-my-finances-in-2022-20220103

Do You Need Some Financial Stress Relief?

Are you feeling the stress these days? Perhaps financial stress? You are not alone. Some 55% of women, ages 30 to 55, with minor kids and household incomes less than R60,000 a year, report “high” or overwhelming” levels of financial stress. They are not the only ones experiencing high or overwhelming stress. So what is causing this stress?

Causes of financial stress

In his 2020 blog post, Jim Yih, a Canadian Financial Advisor highlighted seven causes in his blog post,

  1. High debt levels.
  2. Low savings rates
  3. Volatile Stock markets
  4. Real estate won’t be our financial savior
  5. Demographics means more fear
  6. The financial marketplace is increasingly complex
  7. No formal education on money

Let us examine debt, savings, and education further. Many people have the best of intentions to pay the debt. Unfortunately, many of those intentions were clouded by short-term desires or calamities. After the debt was added, then a breadwinner may have lost a job or a payment was missed while juggling other life issues.

Then ‘wham o!’, the interest rate doubled or even tripled overnight. An emergency fund seems like a nice idea but where would the funds for that come from?

Financial stress is all too common in our society and we need to do something about it. The starting point is a little knowledge but true success comes from action. It comes from taking control of your financial affairs and developing good financial habits.

https://www.forbes.com/sites/jbrewer/2022/01/08/if-youre-stressed-outmaybe-you-need-some-financial-stress-relief/