Insurance companies to speedily deal with Knysna fire claims

Residents of Knysna have been left in total devastation after their homes were destroyed by wild fires fanned by gale-force winds over the past few days.

According to the Western Cape Disaster Management center, the wild fires are estimated to have destroyed property in 20 suburbs, going as far west as George in the Western Cape and as far east as Port Elizabeth in the Eastern Cape.

Insurance companies have been bombarded with claims from customers who lost their homes to the fire.

Managing director of Insurance at Alexander Forbes, Mpumi Tyikwe, described the ordeal as one that usually happens once in a thirty-year cycle. He says most insurance companies plan for incidents like this once in hundred years.

Read: Death toll rises to seven in Garden Route fires

This is the time where as an industry we need to stand and serve the needs of our customers, this is the time when our customer need us the most.

Mpumi Tyikwe, Managing Director of Insurance at Alexander Forbes

Tyikwe says because they are aware of the extent of the damage, an immediate sum of R50 000 - R100 000 is deposited into their customers bank account to help them find a place to stay while their claims are being processed.

Also read: How to get help for wounded wildlife and other animals #KnysnaFire

That's what we here for and we will entertain those claims...

Mpumi Tyikwe, Managing Director of Insurance at Alexander Forbes

To hear more from managing director of Insurance at Alexander Forbes, listen below:


This article first appeared on CapeTalk : Insurance companies to speedily deal with Knysna fire claims


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Milnerton High School promises a heartfelt performance during Annie musical

Milnerton High School promises a heartfelt performance during Annie musical

The teacher at Milnerton HS and director of Annie, Laura Bosman talks about Annie the musical they will be showcasing.

Survivor winner Tom Swartz vows to buy his wife 'new boobies and a family house'

Survivor winner Tom Swartz vows to buy his wife 'new boobies and a family house'

Swartz says he would have done anything to get the R1 million prize money.

UK to implement 'opt-out' organ donor system for citizens

UK to implement 'opt-out' organ donor system for citizens

Those who do not wish to donate will carry a card that indicates that they do not wish to donate their organs.

Death toll rises to seven in Garden Route fires

Death toll rises to seven in Garden Route fires

Seven people have died in the runaway fires that have caused destruction in various towns, including Knysna and Plettenberg Bay.

#KnysnaFire: Residents, animals evacuated from Buffalo Bay area

#KnysnaFire: Residents, animals evacuated from Buffalo Bay area

Runaway fires erupted along the mountain slopes surrounding the area on Friday night.

Concern over gale force winds predicted for Saturday in Knysna region

Concern over gale force winds predicted for Saturday in Knysna region

While the fires are being contained in Knysna predicted winds could add further damage.

Popular articles
 In the market for a 2nd hand car? Here are some tips to buy it on a budget!

In the market for a 2nd hand car? Here are some tips to buy it on a budget!

In the car feature, our very own car guy Tumelo Maketekete shares some tips and tricks to buying a car on a R100 000 budget.

Vigilante mob attacks alleged criminals in Daveyton

Vigilante mob attacks alleged criminals in Daveyton

Tensions are rife in the East Joburg township as the community attacked and killed criminals.

[WATCH] Dad uses a drone to pull out son's tooth

[WATCH] Dad uses a drone to pull out son's tooth

Khabazela shares YouTube videos gone viral including a barmaid hitting a colleague who slapped her rear during a routine.

[Listen] Lottery responds to Tshepo's fraud claims

[Listen] Lottery responds to Tshepo's fraud claims

Philemon Letwaba says Tshepo's case relates to some of the issues that they are dealing with on a daily basis.

[WATCH] Is it a cow's penis or an udder? Well, this kid thinks it's a penis

[WATCH] Is it a cow's penis or an udder? Well, this kid thinks it's a penis

Check out the videos, tweets, Facebook posts that have gone viral and why this kid cheered her dad on in the toilet.

I still drive a 2000 Camry. I don’t like debt - Chris Schutte (Astral Foods CEO)

I still drive a 2000 Camry. I don’t like debt - Chris Schutte (Astral Foods CEO)

The Money Show’s Bruce Whitfield interviews Schutte about his attitude to money (hopes and fears, successes and failures, etc.).