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Cutting insurance in tough times will never justify recovery costs

By Janice Roberts at New Media
5 July 2017 • 1 min read

short-term savings may not justify the long-term cost of recovery if cancelling your insurance policy.

Roy Wright, Head – Risk Solutions at leading financial advisory and wealth management business GTC

In tough economic climates – such as the recession South Africa finds itself in at the moment – households and small business owners may be tempted to reduce their short-term insurance, but the short-term savings may not justify the long-term cost of recovery in the event of a natural disaster.  (more…)


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