All Risks Insurance

All Risks insurance covers you for the loss, theft or damage to items you normally carry with you outside your home. The limit (amount) of your cover is stated in the schedule.

Basic options for all risks cover are: clothing and personal effects; personal documents, coin or stamp collections; transport of groceries and household goods; keys, locks and remote control units; wheelchairs; bicycles; cellular telephones; television sets, video recorders, decoders, video cameras; computer equipment and items in a bank vault.

If you choose the option clothing and personal effects, Santam provides cover for loss or damage to clothing, spectacles, contact lenses, hearing aids, cosmetics in their cases, jewels and jewellery, watches, furs, umbrellas, handbags, electronic dairies, binoculars, fire arms, sports equipment, portable photographic equipment, etc. 

Take note that Santam will not pay more than R1 000 or 20 percent of the insured amount, which is stated in the schedule under clothing and personal effects (whichever is the greater), for any one article, pair or set.

Specify and save 

If an item is worth more than the given amount stated on the policy schedule, the item should be specified. 

Items that need to be specifically insured are items that you normally wear or carry with you which are of high value and which are exposed to a higher risk than the rest of your items.

Insureds who specify items such as jewellery, cameras and expensive leather jackets under the All Risks section of their policy can achieve considerable savings if they have to claim. Such specified items are not subject to the payment of an excess. 

Looking after your cellphone 

You can insure your cellphone against theft and damage (including mechanical, electrical or electronic breakdown) by specifying it under the All Risks section of your personal policy. Remember to amend your policy when you've upgraded to a different model. 

Read the following tips to make sure that you do not fall prey to cell thieves: 

• Don't let your cellphone lie around. In a restaurant, do not put it on the table or bar counter - it is much safer in your inner pocket or your handbag.
• Make sure that your phone is insured for the correct replacement value. 
• Store your cellphone serial and IMEI number in a safe place. Press *#06# to find your phone's IMEI number. You will need it to block the service if the phone is stolen. 
  Make sure that the PIN control is activated. If your phone is stolen, call your service provider and the SAPS to have it blacklisted immediately.
• Only buy a cellphone from an accredited dealer and be suspicious if someone tries to sell you a cellphone without a charger, because the chances are good that it has been stolen.

On the sports field

Although people usually participate in sports to relax, a game of golf or a diving excursion can cause immense stress if your equipment is damaged or stolen. 

Santam's personal policies offer unspecified all risks cover to a maximum of R1 000 per item or set of items. Although this cover makes provision for theft of or damage to sports equipment, we recommend that you specify your equipment to avoid your claim and settlement not coinciding with one another. 

Draw up an inventory of your equipment that includes a comprehensive description of each item, as well as the current retail price. The premium will be calculated according to the value set out in the inventory.

All risks cover offers protection against accidental, sudden damage. It does not provide for devaluation, wear-and-tear, or ageing. Sports equipment is also covered against theft from a motor vehicle or the clubhouse. However, you still ought to protect your property as though it is not insured. Lock it away in the boot of your car.