BUSINESS NEWS
Power surge has become part of our daily lives and thus Vaal Brokers would like to bring the following under your attention.
It is a condition that on all conductive services (ex: all relevant electrical distribution board, power supply plugs, telecommunication lines and data lines) that enter or leave the insured premises must be protected by protective measures as set out in the “SABS code of practice wiring of premises” (SANS 10142-1 Annexure L) for surge protection.
Failing to adhere to this requirement the insurance company shall not be liable for any claim for loss of or damage to the property insured by power surges whether arising from lightning or otherwise.
Please refer to your policy schedule to confirm whether power surge cover is included, if not, indicate if the cover is required.
To prevent a claim from being delayed or rejected, it is recommended to supply the Certificate of Compliance (COC).
