Road Accident Fund changes affecting all South Africans

By: Cardinal Financial Services  12-18-2008
Keywords: Business Insurance, Personal Insurance

We believe it is important for you to understand these changes and this might be the most important letter you ever receive. The Road Accident Fund has changed since 1 August 2008.

The most important changes we would like to draw your attention to are:
Loss of income is restricted to a maximum of R160,000 per year
Hospital costs are reduced to public hospital rates
Common law right to sue the guilty party is restricted Limitation of R25,000 that is applicable to passengers have been removed
Only serious injuries will be considered by the Road Accident Fund

We care for our customers and all South Africans and consider it our duty toaddress these changes andassist you to make proper provision for cover needed and to secure the gap in cover as a result of the Road Accident Fund changes. It may be that you are presently contributing towards a Life including Disability, Income Protector and Medical Aid policy, please ensure that your cover is sufficient in the event you are involved in a motor accident and as a result become hospitalized or disabled. If you have no insurance policy in force to cover you for these events we strongly suggest you consider extending your existing Domestic/Business Policy to include Personal Accident/Group Personal Accident Cover.

ConsiderPersonal Accident cover immediately
Benefits:

Death: R25,000
Permanent Disability: R25,000
Temporary Total Disablement (2 years/104 weeks): R500.00 per week for a maximum of 2 years
Medical Expenses: R5,000
Monthly cost for this coveras low asR24.49
The benefits quoted here above is only an indication and you may wish to increase these benefits to best suite your needs, please contact our offices and we will gladly assist you with your request.

Here is how you can receive this cover.
Immediately respond and take advantage of this offer now whilst premiums are so low. Pleaseemail us at email address [email protected]

We believe that every South African should have this cover as the benefits can make a huge difference in one’s lifestyle.

You may prefer to access our website at www.cardinalfs.co.zaand at your leisure time view our press room on this article

Please ensure that you purchase your cover today and protect yourself against unforeseen eventualities on our roads in South Africa.

Keywords: Business Insurance, Personal Insurance

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