Property insurance is a policy that provides financial reimbursement to the owner or renter of a structure and its contents, in the event of damage or theft. Property insurance can include homeowners insurance, renters insurance, flood insurance and earthquake insurance.
Travel insurance also covers medical evacuation, which means that travelers do not have to pay medical emergency transportation expenses with their own money. Another important benefit of travel insurance is that it provides protection against trip cancellation and interruption.
Term life insurance is known as “pure” life insurance, because it will pay out the death benefit if the named person dies within the defined term (anywhere from one to 30 years), but if the named person does not die, no portion of the premiums will be returned to the policyholder.
It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. Auto insurance provides property, liability and medical coverage: Property coverage pays for damage to or theft of your car.
Health insurance is a type of insurance coverage that covers the cost of an insured individual’s medical and surgical expenses. Depending on the type ofhealth insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider.
SASRIA stands for the South African Special Risks Insurance Association. Since its formation in 1979 Sasria has been covering politically motivated riots. Over the years, this mandate has been extended to cover damage caused by non-political riot, public disorder (including labour disturbances, civil unrest, strikes and lockouts) and loss in respect of mortgage loans as well as terrorism.
Our Core Values
Our deep belief in mutual loyalty makes us endeavor to exceed our customer’s expectations.
Sami Awad Establishment was founded in 1993, with the vision to provide quality Insurance services, professionally and competitively.
Based on this vision, we strive to maintain a solid and trustful relationship with all our clients (i.e. partners) promising them to offer quality products carefully selected in association with our network of best rated insurance suppliers.
The Establishment’s present customer base includes individual and corporate partners with financial protections ranging from the simplest to the most sophisticated. Our main marketing strategy is a need-based selling one; we aim for long-term relation rather than the short-term sale.
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