Personal finance
The National Financial Ombud Scheme (NFO) dismissed a homeowner's insurance claim for a collapsed boundary wall, attributing the damage to wear and tear rather than extreme weather. The case highlights policyholders' duty to maintain their properties despite disclosing pre-existing issues to insurers.
Reported by AI
Tens of thousands of cyclists will gather in Cape Town on March 8, 2026, for the annual Cycle Tour, now part of the UCI Gran Fondo World Series. Participants can qualify for the 2026 UCI Gran Fondo World Championships in Japan. Experts stress the need for comprehensive insurance given the high costs of cycling equipment.
As the festive season begins in South Africa, risks of plumbing failures, theft and property damage rise significantly. A five-year report from Standard Bank Insurance reveals storms and water issues as top causes of home claims. Experts recommend simple maintenance steps to safeguard coverage and avoid rejections.