A break in during load shedding? You may not be insured!

Load shedding in winter is inconvenient enough, but something that might not have occurred to you is the repercussions of a break-in in the event of extensive power cuts. Even scarier to conceive, would your insurance pay out? Aon, the leading provider of insurance broking, risk management and human resource solutions encourage you to interrogate the implications of the terms and conditions of your cover.

In an extended outage, the battery back-up on security equipment such as electric fences, alarm systems, security cameras and outdoor motion passives may well run out before power is restored, leaving you and your possessions vulnerable. In the event of a burglary or robbery during this time, you could find yourself losing out should your insurance cover not specifically provide for circumstances that are beyond your control.

• As part of your preparations for a potential power crisis this winter, it’s essential to check with your insurer exactly what your policy covers you for should you have a claim as a result of a power failure. If you are unsure, engage the services of a professional broker who is equipped to guide you through the process.

• Insurers will provide specific conditions to their cover when it comes to security measures for your home or property, and more specifically regarding the alarm system. For example, the alarm will need to be in full working order and in many instances, linked to an armed response company,” explains Mandy Barrett of insurance brokerage and risk advisors, Aon South Africa.

• The client may be subjected to additional compulsory excess payments, claim rejection or the settlement being dramatically reduced if the right measures are not undertaken. A good broker will be looking out for you in such circumstances,” explains Mandy. The value of having an independent insurance broker to provide transparent and skilled advice cannot be emphasised enough. When it comes to bespoke insurance designed for your unique needs, a broker is qualified to provide advice, factual information, interpretation and proposals with high levels of competence and transparency.

The broker’s role is to examine your circumstances in detail and to impartially recommend covers that will meet your specific needs.

Visit aon.co.za for more information.