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Santam has enhanced its Executive insurance offering for high net worth clients, adding improved benefits and higher cover limits.
Santam has announced enhancements to its Executive insurance offering for high net worth clients. The update includes improved benefits and higher cover limits.
Santam said brokers are increasingly looking for insurance solutions that offer more than standard cover as the needs of affluent clients evolve.
Santam’s enhanced Executive offering is positioned as a specialist protection option with greater flexibility and an elevated client experience.
Examples Santam gave include complimentary building and contents valuations for qualifying clients. Santam also pointed to flexible worldwide contents cover.
Higher cover limits can matter for high value homes and belongings, where standard policies may not match replacement costs.
Valuations, which are assessments of what it would cost to rebuild a property or replace contents, can help reduce underinsurance risk if the insured amount is set too low.
Worldwide contents cover can be relevant for clients who travel, because it aims to extend protection beyond a single home location.
Primary Source: Daily Maverick
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