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Eskom's decision to implement load shedding on a regular basis is having a severe impact on South African households - not least of which is the increased risk of damage to sensitive electronic items due to power surges, fires and crime as a result of security systems not operating properly. "Many households and businesses have also rushed to buy generators to keep the lights on and the onset of winter will add to more anxiety. We urge consumers to take extra precautions," says Marius Neethling, Personal Lines Underwriting Manager at Santam.
Neethling says the main risks during a power cut are:
Advice on buying a generator
Ensure the installation and use of the generator comply with municipal bylaws, for the following reasons:
'You may need to take out additional insurance to cover your generator if you're using it at a private residence,' says Neethling. 'In any event, load shedding has become part of our daily lives, and households are advised to revisit their insurance cover and obtain advice from their brokers to take into account different circumstances and risk situations that may arise as a result of power cuts,' Neethling concludes.
Insurance protection during load shedding
Santam is ready to assist policyholders with any claims resulting from power cuts. We are committed to assist clients in the event of loss or damage to their property, over which they have no control and which result directly from load shedding. For example, if a burglary occurs during load shedding and the alarm system is not in working order due to the malfunctioning of the back-up battery, Santam will consider a client's claim.
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