30%

YOU (South Africa) - - YOU LIFESTYLE - SOURCE: SANTAM

the per­cent­age of claimants whose home con­tents are un­der­in­sured. Un­derin­sur­ing is when the in­sured value is less than the ac­tual value of the home con­tents. For ex­am­ple, if your con­tents are in­sured for R150 000 but the ac­tual value is R300 000, you’re 50% un­der­in­sured. If you then claim R150 000, the in­surer might pay only half the claim – R75 000 – be­cause you’re 50% un­der­in­sured.

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