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Covid-19: Santam to cut vehicle premiums by 20%, with further MiWay relief offered

JOHANNESBURG – Insurer Santam is to provide further financial relief for its customers following the extension of the national lockdown and will refund 20 percent of vehicle premiums paid this month for its clients.

It also announced futher relief for customers of MiWay, a Santam subsidiary.

Santam said yesterday in a statement that the new premium refund would be based on 20 percent of motor premiums paid this month and paid to all clients with active policies during the course of May.

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