Loading...
See More

Rush to secure unrest insurance

Dec 09 2012 14:54 Sapa

Related Articles

Minister: Farm wage talks a stop-gap

Chamber: Strike will make things worse

AHi warns of job losses due to strikes

WC Cosatu calls for national farm strike

Farmworkers' strike to be peaceful

Farmworkers' strike set to continue

 
Cape Town - Hundreds of South African farmers have rushed to insure their property in the wake of violent protests in which vineyards, storerooms and machinery have been destroyed, it was reported on Sunday.

The Weekend Argus reported that damage estimated at more than R100m was caused by striking farmworkers in the Western Cape in the past month.

Many of the targeted farmers were insured only for damage against natural causes, such as fire or hail.

The insurance companies Santam and Mutual & Federal had apparently been inundated with calls from farmers asking for unrest insurance through the SA Special Risks Insurance Association (Sasria), to be added to their policies.

Mutual & Federal's agricultural manager Andries Wiese told the newspaper: "We're getting an incredible number of calls. Fifty percent of our calls come from farmers saying they slipped up and need to make it right by getting Sasria unrest insurance."
farmworkers  |  insurance
NEXT ON FIN24X

 

Lastest Articles

Here is how to check your credit score and manage it Read More...
Top tips to save money over the festive period Read More...
These are the top 5 most fuel efficient cars in SA Read More...
What to consider when switching medical aid schemes Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...