Legal articles

Insurance is a necessary and unavoidable fact of life. Instead of thinking of it as a grudge purchase, rather see it as investing in the future of your assets.

When taking out insurance, you need to make sure that you understand all the terms and conditions of the contract, and that you fulfil them. If you are going through the terms and conditions, make sure that you understand every point. If you are unsure, ask. It is the insurer’s responsibility to explain the terms and conditions to you in a way that you can understand.

Part of the terms and conditions will include that you regularly update your information, especially if something significant changes. This is for your protection so that you are properly insured should something happen. Another condition would be to act in a responsible manner. For instance: no motor insurance company will pay out if you write off your car while drinking and driving. This means that you will lose your asset (the car) and the premiums you’ve paid toward insurance! Rather be responsible. Let someone else drive or catch a taxi. If you, as a policyholder have any questions about your insurance policy, you are welcome to contact Scorpion Legal Protection.