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For car, home and business insurance

Call: (041) 364-0344


To ensure that you are correctly insured for the current replacement value on your contents (on this section the insurer will pay new for old); we have attached an inventory from to assist you to calculate all your items to be insured under this section.


Should the current sum insured not be sufficient to replace all the items in your home that will mean that you will be underinsured and that average will apply when you submit a claim. Herewith is an example of how average would be calculated.


Let us assume you are insured for R200 000, but the replacement value of your property is R400 000. This means you are only insured for half of the replacement value. You must cover the other half. For example, if you suffer damage to the value of R100 000, the insurer will only pay half of this amount, which is R50 000, which will be calculated as follows:


Insured amount:               R200 000


Replacement value          R400 000


Claim                                R100 000


Calculation: Underinsurance 


R200 000 X R100 000               =       Settlement  R50 000

R400 000                                          


By completing an inventory form, you will ensure that your possessions are fully covered at replacement value in the event of a loss; you will be able to replace your items with items of the same quality.

How to complete the inventory:

Use a pencil and write the replacement values in the column also include VAT and allow for inflation.


Add all the totals per room to give you a grand total. This is the amount you should insure your contents for. You should update your inventory when you replace any item or buy more items.


We advice you to keep all proofs, certificates, valuations, purchase invoices or inspection reports, as you may be required to prove ownership of items for which you claim.


Click here to download our inventory form...


Complete and submit

Contact us:

Tel and address detail:

Office information:

34 Willet Street
Newton Park
Port Elizabeth
South Africa

Contact detail:

Tel:  (041) 364-0344
Fax: (041) 364-0370


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