JULY 2010
Wonderful, wonderful, wonderful is the only way we can describe the World Cup so far and there are just a few days to go, to what promises to be a superb final. The ticket sales have been fantastic surpassing the percentage sold for the last world cup in Germany where there was a 96% take-up of tickets. The excitement generated by the public unlike anything we have every seen in this country. The number of foreign visitors is lower than many people thought but the television exposure South Africa will get as a tourist destination will be enormous. The country needs to capitalize on that and it'll be great for years to come.
ROAD ACCIDENT FUND AMENDMENT ACT
We were pretty sure this was going to happen and it has. In March this year the High Court in Pretoria ruled in favour of the Road Accident Fund on the RAF Amendment Act and found amongst other things that there was nothing unconstitutional in the act not allowing an injured person to sue the "wrongdoer" and this has left the tour operating public in particular in a state of confusion as it has done to all of us in the insurance industry as well.
The application for leave to appeal against the decision of the North Gauteng High Court in Pretoria has set down for hearing in the Constitutional Court on Thursday 12 August 2010 at 10h00.
Let's hope that after that hearing we will have a better understanding of it all.
OUR MOVE TO INFINITI
At the end of April we advised that we would be making a move to Infiniti Insurance from 1 August and we take this opportunity to thank all our brokers for their support of this decision.
As we mentioned in our special edition of "From the Breakfast Table" at the end of April, BnB SURE is the 12th UMA dealing with Infiniti and the number is increasing all the time so we feel sure our move will result in a long and beneficial relationship with Infiniti benefitting our brokers and policyholders alike.
In mid June we sent out letters for brokers to send on to clients advising them of this change but if for any reason these have not reached you please advise us urgently.
As we said there will be no changes to either the rates or the policy wording as a result of this insurer change.
TOURISM AMBASSADORS
Some time ago we realized that our policyholders are much more than simply people who are insured through BnB SURE and that each and every one of them is actually a Tourism Ambassador for South Africa and nowhere has this been more clearly demonstrated than during the World Cup. We refer to our policyholders as Tourism Ambassadors and we have certificates available to all our Tourism Ambassadors that display this fact and also that they are insured with a minimum of R30m in liability thereby giving the guest peace of mind.
Should you require a Tourism Ambassador certificate in the event that please feel free to contact our Manager for your area to ask for one to be sent.
CONTACT US
Visit www.bnbsure.co.za to find all our contact details
THOUGHT FOR THE MONTH
Always bear in mind that your own resolution to succeed is more important than any other one thing
Abraham Lincoln
"MORE THAN JUST INSURANCE"
“MORE THAN JUST INSURANCE”
“Any information or suggested structures for insurances are by way of example and based on general information rather than client specific information. Should any of these suggestions appear to be relevant it is vital that these are discussed with the specific requirements of the policyholder in mind.
Furthermore, BnB SURE cannot guarantee the accuracy of any of the information listed in any article written by a third party.”
