What is a large loss claim?

Modified on Fri, 07 Jan 2022 at 01:41 PM

A large loss claim is a claim where the cumulative value of the claim is equal to or greater than R 40 000.00. Large loss claims require a signed Agreement of Loss (AOL) which will be sent to once claim has been assessed and is ready for payment. 

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article