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FEBRUARY 2011
At BnB SURE we do our best never to stand still and to be growing and providing the best policy and value add services and information to the B&B and guesthouse industry available in the country which we firmly believe we do and we are delighted that this is confirmed by many brokers, guesthouse owners and interest groups in the industry.
As a result we have made a change to the homepage of our website and we have added a section we call "Items of Interest" and in there we have three matters at present and we encourage both our broking friends as well as our policy holders to visit the site. The first of these is a frightening video of what happens if water is put on a kitchen oil fire and the second and much more pleasant is a fun way for us all to learn our National Anthem. The most recently added is the media details as the challenge on the Road Accident Fund Amendment Act unfolded as well as an opinion on the entire Act from our attorney
Road Accident Fund Amendment Act
As a result of the amendment to the Act as outlined on our "Items of Interest" section on our homepage at www.bnbsure.co.za we have had many questions being asked about the question of Passenger Liability and is it still needed.
The Passenger Liability on both our Motor Section and our Liability section come at no cost so we will not take it off there as that will serve no purpose.
However where a problem may come in is with our "Extended Passenger Liability" where people are needing a PDP for transporting of guests who may not be residing at the insured guesthouse.
In order to get a PDP there is a requirement by the authorities that there be passenger liability in place. We urge brokers to discuss this aspect with their clients as we will not remove the Extended Passenger Liability section without instruction from the broker.
POLICY WORDINGS
Over the next few months we will be working hard to bring our policy wording up to date with all the upgrades we have done in the last few years as well as the inclusion as various legal requirements.
When completed, the policy will be available to be sent to brokers to send to clients and the policy will be available in one of three different formats.
Firstly for those completely not wanting paper anywhere near them the wording will be available electronically. For those still wanting the security blanket of something to hold on to and touch the wording will be available on disc and for those still eager to have something to file, hard copies will still be available.
Please give consideration to the format that will best suit you and please drop your Regional Manager an email telling them your preference.
If we don't hear from you we will assume you are happy to have the wording in electronic format and completely paperless, the format which will make the broker's job and the policyholder's job the easiest.
BNBFINDER
With the ever increasing growth of the B&B and guesthouse industry in South Africa and BnB SURE being the only underwriter with an exclusive focus on the industry and being as close to it as we are we are aware of the concerns facing many establishments and not least of these concerns revolves around advertising.
Several years ago we introduced www.bnbfinder.co.za as a no cost value added service to help our policyholders with their advertising and the site has grown tremendously although many policyholders are still not making use of this and it is sometimes difficult to find web addresses to simply add the details.
We ask brokers to remind their clients about this service that is worth anything between R100 and R200 a month to let us have details so that we can add it.
BnB SURE BLOEMFONTEIN
Our office in Bloemfontein has moved into new premises and we invite our broking friends in the city to "pop in" for a cup of coffee and a chat to Dalene and Marie.
Our new offices are at:
SUITE 10
BERMAKOR PARK
52 REID STREET
WESTDENE.
THOUGHT FOR THE MONTH
Opportunities multiply as they are seized.
Sun Tzu (Chinese author & soldier)
“INTELLIGENT INNOVATIVE 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.”
