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Insurers' 'super-profits: Industry says it's not that black and white

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Insurers say they ve used the money saved from lower vehicle claims to provide relief and premium discounts to customers.
While they had fewer vehicle claims in 2020, the industry says it forked out more money on credit life, business interruption and travel-related claims.
The industry is also expecting reinsurance premiums to shoot up.
Short-term insurers say they went above and beyond for their customers in the past year and aren t greedily gobbling up savings from lower claims.
On Tuesday, a research report by the economic advisor to the Optimum Investment Group, Roelof Botha, showed that the sector has been making super-profits since the Covid-19 pandemic hit SA s shores, thanks to lower-than-usual care and property claims. ....

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Road skills 101: When, why and how to change a tyre

Road skills 101: When, why and how to change a tyre
timeslive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timeslive.co.za Daily Mail and Mail on Sunday newspapers.

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Discovery Insure rewarded clients with R1bn in fuel cash back

Discovery Insure rewarded clients with R1bn in fuel cash back
Clients can earn up to 50% of their monthly fuel spend back by driving well with Vitality Drive
24 May 2021 - 08:34
Sponsored
Image: Supplied/Discovery Insure
Through its driver rewards programme, Vitality Drive, Discovery Insure has given real value back to its clients.
As of December 2020, Discovery Insure has rewarded its growing Vitality Drive client base with R1bn in fuel cash back, equivalent to about 66-million litres of fuel.
Clients can earn up to 50% of their monthly fuel spend back by driving well with Vitality Drive. The better clients drive, the higher their fuel cash back, and the lower their road accident risk. ....

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Road skills 101: When, why and how to change a tyre

Sponsored / Discovery Insure
Given that the only contact between you and the road when driving are the postcard-sized surfaces of your tyres, their importance can t be understated. Here s a look at how to maintain and change your tyres.
Anyone who’s seen how quickly a supercar can slip off a racetrack because of worn-out tyres will know that, no matter how good your car is, its performance largely depends on the quality of its tyres and the grip they provide. So what exactly do these rough bands of rubber do?
Basically, tyres have four main jobs:
To support the weight of your car ....

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Is your car holiday ready?

1. Worn tyres
Check the edges of your tyres and look out for worn-out areas and insufficient tread. Tyres typically wear thin at the edges when they are too soft or have been underinflated.
If your tyres are worn on one side, this could mean that your car’s wheels may need to be realigned.
If your tyres have worn near the centre, this could indicate that they’ve been over-inflated.
2. Tyre pressure
When the pressure in tyres is not optimal, there could be an air leak or puncture. These need to be attended to by vehicle garage professionals to assess whether a sufficient repair can be made. ....

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