iWYZE Personal Goods Insurance is designed to cover those items that are precious to you against loss or damage caused by accidents, fire or theft.
There are two types of cover available:
General Valuables cover
This cover allows you to insure a number of different personal items – without specifying every item individually – for example your clothing, shoes and sunglasses. If any of your insured general valuables are accidentally lost or damaged, iWYZE will repair them, replace them or pay you out. iWYZE will pay a maximum of 20% of the sum insured under ‘General Valuables’ for any one item.
Specified Valuables cover
You can choose to specify individual items to be insured separately. Your jewellery, cellphone, spectacles, camera or laptop are good examples of specified items. If any of your insured specified valuables are accidentally lost or damaged, iWYZE will repair them, replace them, or pay out up to the amount specified in your Policy Schedule.
Important Notes:
You must provide iWYZE with clear descriptions and serial numbers (and/or photographs if required) of all Specified Valuables.
Any item of jewellery (including watches) with an insured value of more than R30 000 must be kept in a locked safe that is secured to a floor or wall, or kept in a secure strong-room, when not being worn.
If you have listed any item as being kept at your bank in the safe deposit box, it will be covered as long as the item remains in the safe deposit box.
Find out more about:
iWYZE is underwritten by Mutual & Federal Insurance Company Limited, a member of the Old Mutual group. Mutual & Federal and Old Mutual are Licensed Financial Services Providers.