Santam has paid half its pledged business interruption relief
The insurer has, to date, paid out R506m to 1,315 policyholders in Covid-19 relief measures
13 August 2020 - 19:05
SA’s largest short-term insurer Santam, which is entangled in a lawsuit related to business interruption claims, said it has, to date, paid out more than R500m in relief to leisure, hospitality and non-essential retail businesses.
By Thursday, Santam had paid R506m in relief to 1,315 policyholders...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.