SA tourism industry vs insurance giants: 'Paying out our claims can save jobs'

United States News News

SA tourism industry vs insurance giants: 'Paying out our claims can save jobs'
United States Latest News,United States Headlines
  • 📰 IOL
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

As the tourism industry struggles to find their footing during the pandemic, with thousands of jobs on the line, they are now fighting back at insurance companies who refuse to pay out their claims. IOLTravel lockdown coronavirus

As the tourism industry struggles to find their footing during the pandemic, with thousands of jobs on the line, they are now fighting back at insurance companies who refuse to pay out their claims.

Many of these businesses are facing imminent closure, which will result in a broken tourism sector and the loss of thousands of jobs, which they say can be avoided if insurers honour their contractual obligations and pay out on these claims. CEO of the MORE Family Collection, Robert More, who started the petitions revealed a recent case. He said this week, the Western Cape High Court compelled Guardrisk to honour the Covid-19 Business Interruption insurance claims of Cafe Chameleon, a restaurant in Cape Town.

"The true test of a company’s ethics and values is how they treat their most vulnerable customers at their time of need. The actions of these insurance goliaths don’t match their words, which are all centred on behaving responsibly and in line with deep ethical values. Actions speak louder than words, and their actions continue to be unethical, ” he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IOL /  🏆 46. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Zulu: We are still experiencing issues with paying out relief grantsZulu: We are still experiencing issues with paying out relief grantsMillions of people have not been paid their R350 grant, which is aimed at assisting unemployed South Africans who receive no other financial assistance from government.
Read more »

Cash still king in SA but days of its rule are numberedWENDY KNOWLER | 'The majority of South Africans have a debit card in their possession and are banked, but most prefer to transact with cash.'
Read more »

IMF and World Bank loans will be looted by same thieves who've destroyed SAPRINCE MASHELE | By the time the masses wake up, the thieves are already rich, and the whole country is a mess - no service delivery, no economic growth, no jobs.
Read more »

Ramaphosa on booze, front line staff & schooling SA for breaking the rulesPresident Cyril Ramaphosa said the effects of alcohol have been felt by health care workers in hospital trauma units which have been filled to capacity.
Read more »

Covid-19 in SA: Choosing who lives and who diesOPINION: As the number of Covid-19 infections grows and as we see how our health services struggle, the health services are faced with a prospect that many might find disturbing: Who lives, who dies? writes Father Anthony Egan. Covid19inSA coronavirus
Read more »

OPINION | Why Cricket SA may need to brace themselves for uncomfortable truths coming their wayCricket South Africa may be accepting of the Black Lives Matter movement‚ but they also need to brace themselves for uncomfortable truths that may come their way.
Read more »



Render Time: 2025-03-06 22:33:20