Mont Blanc Financial Services’ Post

🔍Biggest Insurance Myths—Debunked!🔍 When it comes to insurance, what you don’t know can cost you. Here are some common myths—and the truth behind them: 📌Myth: "Personal car insurance covers business use." 💡Truth: If you use your car for work beyond commuting, your policy won’t cover business use unless disclosed. 📌Myth: "Life insurance is only necessary if you have dependents." 💡Truth: Even if you don’t have dependents, life insurance can cover debts, funeral costs, or provide for loved ones. 📌Myth: "Household contents insurance covers all valuables everywhere." 💡Truth: Most policies only cover items at home. For valuables on the go, you need All Risk Insurance. 📌Myth: "Personal liability insurance covers my business too." 💡Truth: Personal liability covers you as an individual, but it won’t protect your business from liability claims. 📌Myth: "Home insurance covers me if I run a business from home." 💡Truth: Standard home insurance won’t cover business-related claims, lost income, or damaged equipment. Knowing the facts helps you avoid costly surprises. Let’s make sure your cover is aligned with your needs. Call us on 0800 467873 or visit www.mbfs.co.za #InsuranceMyths #MontBlancFinancialServices

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