Top tips to re­mem­ber over the hol­i­days

Has rounded up the top 10 tips you should im­ple­ment or keep in mind as you set off or set­tle in at home for the hol­i­days

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1sure

Make that your short-term in­sur­ance is up to date so that you are fully cov­ered if you need to make a claim.

This is par­tic­u­larly im­por­tant if you plan to rent out your prop­erty over the fes­tive sea­son, says Craig Young, man­ag­ing ex­ec­u­tive for oobain­sure.

When you look at your in­sur­ance, re­mem­ber that you need to con­sider build­ing in­sur­ance, which cov­ers the struc­ture of your home and fit­tings; con­tents in­sur­ance, which cov­ers the as­sets within your home; and li­a­bil­ity in­sur­ance, which cov­ers you if you have guests who are in­jured while on your prop­erty. 2go­ing

If you are to make pur­chases on­line, en­sure that you use se­cure web­sites. Ideally, any web­site that you shop on should have https in the ad­dress line and a pad­lock icon to in­di­cate that your bank­ing de­tails will be en­crypted. 3trav­el­ling, If you are go­ing to be let your bank know in ad­vance, so that it doesn’t flag your

Up­date your in­sur­ance:

On­line pur­chases:

Bank­ing:

bank­ing ac­tiv­ity as “sus­pi­cious”. The last thing you want is to be on a hol­i­day with a frozen bank card. 4de­tails

Check the of the au­to­matic travel in­sur­ance you are of­fered with your credit card and buy top-up cover if re­quired. Re­mem­ber that med­i­cal costs when you are abroad can es­ca­late quite quickly, par­tic­u­larly if you take the value of the rand into ac­count. 5

If you are trav­el­ling, leave a copy of your itin­er­ary with a fam­ily mem­ber or friend so that they are able to get hold of you in an emer­gency.

Peter Dempsey, the deputy chief ex­ec­u­tive of the As­so­ci­a­tion for Sav­ings and In­vest­ment SA, says you should also set aside a file for your fam­ily that con­tains the fol­low­ing doc­u­ments: de­tails of your fi­nan­cial ad­viser, your life in­sur­ance pol­icy de­tails, your last will, your dis­abil­ity pol­icy, your med­i­cal scheme de­tails, in­for­ma­tion on your short-term in­sur­ance poli­cies, your bank ac­count de­tails, in­for­ma­tion about your re­tire­ment an­nu­ities and other re­tire­ment sav­ings, and de­tails of all

Travel in­sur­ance: Im­por­tant doc­u­ments:

your in­vest­ments.

“Should any­thing hap­pen to you, your fam­ily needs to be able to eas­ily find the nec­es­sary in­for­ma­tion re­gard­ing who to con­tact and what steps to take fi­nan­cially,” says Dempsey.

“This in­for­ma­tion should ide­ally be gath­ered in a sin­gle se­cure file in your house.” 6car

Make sure your is in a road­wor­thy con­di­tion be­fore set­ting off on a road trip.

Nazeer Hoosen, ex­ec­u­tive di­rec­tor of PPS In­surance, says you should make sure your car is in a road­wor­thy con­di­tion by per­form­ing some sim­ple safety checks, or by hav­ing the car prop­erly ser­viced. Some ex­am­ples of safety checks in­clude check­ing that the tyre tread is at its le­gal 2mm tread depth and that the tyre pres­sure is cor­rect for the ve­hi­cle (both front and back tyres); in­spect­ing the brake fluid, oil and wa­ter lev­els; en­sur­ing that all lights (front and rear) are in work­ing or­der; and mak­ing sure you fully un­der­stand all the warn­ing lights dis­played by the ve­hi­cle. 7or

Ask a friend fam­ily mem­ber to keep an eye on your prop­erty if you are go­ing away.

Mar­ius Neeth­ling, man­ager of per­sonal lines un­der­writ­ing at San­tam,

Check your car:

Se­cure your home:

says you should check that your alarm is in good work­ing con­di­tion. This in­cludes check­ing smaller de­tails such as the bat­ter­ies of your alarm sys­tem and the alarm re­motes.

“Peo­ple spend thou­sands of rands on mon­i­tored alarm sys­tems, bur­glar bars and se­cu­rity gates. Hav­ing these checked once a year to en­sure that ev­ery­thing is work­ing as it should can be very help­ful in terms of iden­ti­fy­ing pos­si­ble risks that need to be ad­dressed,” he says. 8Switch

off the taps in the kitchen that feed your wash­ing ma­chine and dish­washer, and switch off your geyser at the mains board. You don’t want the has­sle of deal­ing with a burst geyser or pipes when you get back from your hol­i­day. Ruined car­pets and dam­aged fur­ni­ture are just a few of the re­sults you would be forced to con­tend with. 9to

It is usu­ally easy can­cel a flight by call­ing ei­ther your travel agent or the air­line di­rectly. How­ever, com­pli­ca­tions arise when you ask for a re­fund. Each air­line, and even the type of fare you buy ini­tially, has

Save wa­ter:

Air­line tick­ets:

dif­fer­ent re­quire­ments to al­low for a re­fund. It is best to check these with your agent or your air­line be­fore can­celling your ticket. 10out

If you plan to rent your home via Airbnb, re­mem­ber to check with your in­surer that you will be cov­ered for any dam­age to your prop­erty. Chris­telle FourieCol­man, CEO of MUA In­surance Ac­cep­tances, says it is im­per­a­tive that you in­form your in­surer of the ar­range­ment.

“Not all in­sur­ance poli­cies are cre­ated equal and many ex­clu­sions may ap­ply when rent­ing out a prop­erty,” she says.

Fourie-Col­man points out that an­other ma­jor prob­lem for home­own­ers rent­ing out their prop­erty is that most home­own­ers’ in­sur­ance poli­cies will re­quire proof of forced en­try to pay out for any theft while guests are rent­ing the home.

“It is a good idea to have a writ­ten and signed agree­ment with the lessee so that they are made aware that they will be held li­able for any stolen or dam­aged items if there are no signs of forced en­try,” she warns.

Airbnb:

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