Many South Africans believe they’re fully insured—until they’re not. Gaps in coverage usually become evident only after a claim is rejected. And by then, the consequences are costly.
Leigh Insurance believes in proactive protection. Here are the five most common insurance blind spots—and how to close them.
1. Outdated Valuations
Asset values rise, and replacement costs shift due to inflation and currency changes. If you haven’t reviewed your policies in the last 12 months, your cover may be insufficient.
Tip: Schedule annual reviews with updated valuations.
2. Incomplete Asset Schedules
Items must be explicitly listed to be covered. General policies don’t automatically cover everything you own or use for work.
Tip: Keep a well-documented inventory of valuable assets.
3. Surges and Load Shedding
Many policies don’t account for the full impact of power surges caused by load shedding. Damage to fridges, routers, and home office equipment is increasingly common.
Tip: Ensure your cover includes power surge damage.
4. Business Tools Used Personally (or Vice Versa)
Your laptop may be used for both business and personal purposes. But if it’s not declared correctly, neither policy may respond during a claim.
Tip: Be transparent about dual-use items to avoid grey areas.
5. Excess and Conditions
High excess amounts and restrictive policy conditions can make even valid claims financially painful. Many people don’t realise what they’ll be expected to pay until a claim arises.
Tip: Review your policy with a focus on terms & excesses, not just premiums.
Closing the Gaps with Confidence
Leigh Insurance builds policies on insight, not assumption. We don’t just ask about what you own—we ask how you live and work. That’s the foundation for comprehensive, meaningful cover that supports your lifestyle and responsibilities.
Whether you’re managing a home, a growing business, or both, let this winter be the season you finally close the gaps.
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