Social conversations: The relationship between loadshedding and insurance

Guest on the line: Oswald Kuyler - Head of Short-term insurance at Momentum 

The reality of loadshedding is causing immeasurable damage to the economy, and it is important for consumers to know how they can protect their assets.

 

It is not only consumers who feel the impact of load shedding, insurance companies do as well. The unexpected escalation in load shedding to level 6 earlier last week, resulting in warnings that the country could be subjected to an even stricter electricity reduction protocol, had many people worried.

 

• Loadshedding and its impact on insurance.
• Tips consumers and businesses can use to protect their assets and belongings during power outages.