St Christopher Hatcliffe Zimnat CSr

Zimnat Assists Hatcliffe Centre

Zimnat handed over bed linen, an examination bed and a storage container, together worth more than $7 000, to St Christopher’s Children with Disability Centre in Hatcliffe, which provides services for children with disabilities.

The storage container is for storing equipment and various materials used at the centre.

St Christopher Hatcliffe Storage Box Zimnat CSR

St Christopher’s Children with Disability Centre’s major focus areas include various types of therapy, such as physiotherapy, occupational therapy and speech therapy, aimed at improving or restoring children’s lost functions or compensating for them through the provision of various aids.

It also offers activities to help children with disabilities cope with daily living and improve their quality of life as well as that of their families. It offers too support and counselling to the children and their families.

Zimnat group marketing executive Angela Mpala said Zimnat, which aims to make life better for others, was happy to be able to partner St Christopher’s Centre in making life better for disabled children.

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“St Christopher’s Centre is providing much needed assistance to children with disabilities. Apart from the various forms of therapy it offers, its efforts to combat and eliminate discrimination against children with disabilities and their families is very much in line with our own motto of making life better for others,” she said.

“We fully identify with their goal of working towards a society in which children with disabilities participate fully and enjoy the fundamental rights that we are all entitled to.

“The different forms of therapy provided at St Christopher’s Centre are important in helping children with disabilities overcome the challenges they face as a result of their disabilities.

“We are happy to be able to partner the centre and support its work through the donation of bed linen, an examination bed and a storage container, all of which the centre identified as among its major needs,” Ms Mpala said.

Zimnat Underinsurance

Have you checked if you are under-insured?

The recent Monetary Policy Statement by the Reserve Bank Governor and the increase in prices in the market have led to speculative behaviour among most suppliers, resulting in an upsurge in property values. Motor vehicle owners and sellers have not been spared this trend.

It is imperative that your assets are insured for the correct replacement value. If they are not, this means they are underinsured, which will result in any claim being reduced in the same proportion as the underinsurance. This is known in insurance terms as applying the average condition.

The whole idea of insurance is to replace your assets in the event of a loss occurring. This means that whatever value you insure your asset for should be sufficient to enable you to replace it or at the very least purchase an asset of the same level as the one you had.  If you are underinsured you cannot achieve this, which defeats the objective of having insurance.

Under-insurance can be defined as insuring your asset for a value that is less than the cost of replacing it or of buying something close to it.

For example, if you have a 2006 Toyota Corolla that you valued at $5,000, whereas, if we were to look for that same vehicle in the market we would find it priced at $10,000, you would be underinsured by $5,000. In the event of a claim being made, the average condition would be applied. This means that the amount payable on the claim would be calculated in relation to the difference between the sum insured and the market value.

The following is an example of how a claim is settled in the event of underinsurance:

  • Client X insured her vehicle for a Sum Insured of $5,000, although the actual replacement value or market value is $10,000.
  • Client X is 50% underinsured, meaning that an average of 50% will be paid on all claims.
  • Unfortunately, Client X becomes involved in an accident and to repair the vehicle needs $1,000.
  • In such a scenario the Insurance Company will pay $500 of the claim after the 50% average has been applied.

To avoid inconvenience in the event of a claim, we urge you to insure your vehicle and other assets for the correct market value. The best way of determining whether or not your vehicle is insured for the correct value is to go around the market and confirm whether the value of your vehicle is still in line with the prices being charged to replace the vehicle.

For further clarification, please call 086 7700 4952 or email You can alternatively contact your broker’s office if you are insuring through a broker.