July is savings month and while tightening the belt on areas where one could spend less will set you in good stead, it is also a good time to reassess your insurance costs. What exactly are you paying and what are you paying for?
Insurance is an expense that should be reassessed annually to ensure that your valuables are not only properly covered, but that you’re getting value for money. Shop around, compare costs and evaluate what best fits your financial standing and your way of life. For example, if comprehensive cover is not relevant to you because you live in a digs or are renting, then itemized cover will be a better fit for your lifestyle.
More yay for your pay
App-based insurance provider Granadilla offers a multi-product discount which makes a tremendous difference to your premiums. Granadilla offers single item cover for smartphones, laptops, tablets, smartwatches, travel and more. With the multi-product discount, the more policies you add to your basket, the greater the saving. With each added policy, the discount stacks and it applies not just to that policy, but to all the policies in your name.
When you add a second policy, the first discount is applied to your monthly premiums. With each additional policy you add, you get an additional 1% off all your premiums. The more policies you add, the more discount you get as it stacks. There is no limit, meaning you can insure as many items as you want and your discount increases with each new policy.
For example, if you insure one item with Granadilla, you won’t be eligible for a discount. If you add more items, you will get 1% discount for each new policy, meaning you can insure 20 items and enjoy 19% discount on your monthly premiums for all of those policies.
Less hassle, more hustle
Traditional insurance is highly commoditised, but app-based insurance puts the power with the customer. With Granadilla, the sign-up process is slick, simple and lightning fast. Granadilla uses a bot called Nandi to effortlessly guide you through the cover process and determine the ideal premium for you.
One of the benefits of insuring with Granadilla is that there is no waiting on the phone for half an hour or reams of paperwork. The claims payout process, which is where insurance matters most, takes minutes as opposed to weeks and months as with traditional insurance cover. With Granadilla you save time and money.