By Santam, 21 April 2020
Santam today announced it will refund 20% of vehicle premiums paid in April for all its Personal Lines and Commercial Lines clients
Following the extension of the national lockdown and the continued financial strain clients are experiencing, Santam today announced it will refund 20% of vehicle premiums paid in April for all its Personal Lines and Commercial Lines clients. This equates to R155 million and will bring the Group’s collective COVID-19 relief efforts to R400 million. The 20% refund will be paid during May to clients whose policies remain in force at that time.