Sasria appears to have walked back its earlier decision that it would no longer provide cover for damage caused by a collapse of Eskom’s grid.
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Sasria, has told clients it won’t pay claims for damage related to a collapse of the national electricity grid, a report said.
Businesses countrywide will from 1 February pay up to 1 700% more for unrest insurance, with e-commerce companies are also in for a nasty surprise.
The protests, unrest and massive looting in KwaZulu-Natal has destroyed and disrupted vital transport, logistics, warehouse and distribution facilities in the province.