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NOVEMBER 2010
It seems hard to believe that 2010 to which South Africa was looking forward for so long is almost behind us.
And so many people got things so wrong about this year and the biggest of these mistakes was by the prophets of doom and gloom who said South Africa couldn't organise the World Cup - WRONG!
Closer to our business that after the World Cup guesthouses would be closing down all over the place - WRONG!
That tourists wouldn't come here because of our crime - WRONG!
And so the list goes on. Positivity about South Africa seems better than it has been for years and even some of the prophets of doom and gloom are learning the words of our National Anthem.
With 2011 on our doorstep we should take the lessons that we learnt in 2010 expand them and really GO FOR IT!
BROKER ASSIST
Some time ago we introduced Broker Assist to help our broking friends in dealing with us as simply as possible. In a further step we realise that with the numbers of different policies presented to brokers all the time that we needed to make access to the information in BnB SURE as easy as possible and as a result we have introduced "The Easy Guide to BnB SURE" and this basically sets out the
cover as it is in the Needs Analysis on our website but is in A5 size that will be easy to carry around. Please ask the office with which you deal to let you have one of these guides should you require one, they will be available within the next two weeks.
ROAD ACCIDENT FUND AMENDMENT ACT
The challenge on the Road Accident Fund Amendment Act by the Law Society and others against the Minister of Transport was heard in the Constitutional Court on 12 August. Judgment is still reserved at the time of writing this newsletter so we still don't know the final decision on the whole passenger liability situation.
BnB SURE CLUB
The suppliers to our Tourism Ambassadors (policyholders) via the BnB SURE Club are increasing all the time and with the correct use of these facilities a great deal of money can be saved without the need to hack premiums and consequently the cover. We have recently started introducing competitions and the response has been overwhelming and our thanks to our partners in the Club for their sponsorship of these prizes. The first three sponsors have been Vodacom, Sealy and Sheet Street with the Sheet Street competition still not closed.
Encourage the use of the Club facilities.
PRODUCT ''ADD-ONS''
There is often a mistaken view that the limits on BnB SURE are cast in stone but in most cases (such as bilking, etc.) these limits can be increased.
In addition there are several sections that many do not know are there such as Guests Medical Evacuation - this does not only send an ambulance that the owner has to agree to pay - but actually pays the cost of uplifting the guest and getting them into hospital. Limits range from R10,000 to R100,000
LOSS OF REVENUE
We are amazed at how many claims we are asked to process where the policy has no Loss of Revenue section. We recently had a reasonably large fire and no revenue cover. Another with storm damage and no revenue cover.
The cost of this cover is not by any stretch of the imagination expensive but is very expensive if it is not there.
PREFFERED SUPPLIER STATUS
We are thrilled that "Preferred Supplier" status is being conferred on BnB SURE by an increasing number of associations and interest groups and whilst many might claim a partnership with these bodies BnB SURE is the only "Preferred Supplier" and we thank the following for this status.
NAA - almost 10 years now.
AA TRAVEL GUIDES AWARDS - we are still a co-sponsor of the awards
CACCT - a co-sponsor of the CACCT conference every year
PEMBBA - Port Elizabeth Association
CAPE TOWN NORTH - with whom we are working on a project
MOSSEL BAY GUILD - recently conferred
CONTACT US
The details of how to reach us can be found on www.bnbsure.co.za
QUOTE OF THE MONTH
Change is the law of life. And those who look only to the past or present are certain to miss the future.
"INTELLIGENT INNOVATIVE INSURANCE"
"INTELLIGENT INNOVATIVE INSURANCE"
“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.”
