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Can a term insurance claim be rejected after 3 years?

Insurance companies cannot reject claims made on policies over three years. According to the Insurance Laws (Amendment) Act 2015 Section 45 no claim can b...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How is total loss of vehicle calculated?

The total loss threshold is calculated by dividing the vehicle’s repair cost by its actual cash value. It is expressed as a percentage. For example, suppo...

What happens if I claim on someone elses insurance?

If another driver thinks you were at fault for an accident, they will make a “third party” claim against your insurance. If you agree with them, your insu...

What is the qualification for data entry jobs?

Qualifications for Data Entry Clerk High school diploma or general education degree (GED) required. 2 years of data entry experience or related office exp...

What do we call a contract between the insurer and the insured?

An insurance policy is a legal contract between the insurance company (the insurer) and the person(s), business, or entity being insured (the insured). Re...

WHO issues a certificate of insurance?

A certificate of insurance (COI) is issued by an insurance company or broker and verifies the existence of an insurance policy. Small-business owners and ...

How do you invite people to your business?

Follow these steps: On the Admin panel of your new Page, click the Build Audience button (at the top). Click the Invite Friends link. To select a Friend, ...

Is sunroof damage covered by insurance?

If your sunroof (or other glass, e.g., windshield, door glass or rear window) is damaged by something other than a collision, it’s generally handled under...

Does car insurance cover your own medical bills?

Medical payments coverage is part of an auto insurance policy. It may help pay your or your passengers’ medical expenses if you’re injured in a car accide...

Why is it important to get production insurance for film production?

A good policy will protect the production company from liability relating to any accidents in working vehicles, injuries on set, or any theft, loss, or da...