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Sasria SOC Limited Basis of Settlement for Motor Classes of Business

Sasria SOC Limited Basis of Settlement for Motor Classes of Business

December 11, 2019

Please ensure you read the Circular below, as it serves to confirm the basis of settlement on the motor class of business.

The following Sasria settlement basis under the Motor Section is discussed and explained in the Circular:

  • Retail Value Basis
  • Retail Value Plus 10% in case of unspecified extras/accessories
  • Replacement Value Basis
  • Agreed Value Basis

Sasria SOC Ltd provides cover to businesses and municipalities that suffer losses related to riots, strikes, terrorism and public disorder.

If you have any questions in this regard, or need more information, you are welcome to contact us directly.

DOWNLOAD THE CIRCULAR