How to choose car insurance

Times are tough, and some people try to save by skimping on their insurance. But, with more than 10 million cars on the road in South Africa, downgrading or doing away with car insurance really isn’t a good idea! (And, with crime being what it is, cancelling your home contents or portable possessions insurance isn’t a bright idea either!)

So, here are some tips to help you choose insurance well, and make the most of your monthly budget while you’re at it.

Look after your stuff

Take good care of the things you’ve insured to avoid making unnecessary small claims that might later result in an increase to your premium. Also, having your car serviced regularly will reduce the chance of mechanical failures, and installing a safe at home will help keep your precious and valuable items, well, safe at home.

Get the basics right

The responsibility for keeping your insurer up to date with the values of your insured items lies with you. King Price automatically reduces your car premium monthly as the value of your car depreciates, so ensure that your insurer or broker is doing the same for you. The replacement values of your house, your home contents and your portable possessions will also change from time to time and you must update your insurer. Remember that your buildings should be insured for what it would cost to rebuild them from the ground up, including the big things like your pool, boundary walls and driveway, and the little things like light fittings, taps and cupboard handles.

Bundle it together

We all love getting more for less, and bundling your insurance policies together with a single insurer could bring your monthly premium down. For instance, if you comprehensively insure your chariot (or whatever wheels you use to get around) with the king, you get a discount when you insure 2+ cars, and you also get cover for your Apple Watch, Nikon camera, golf clubs, bike or your hearing aid for just R1 a month.

Get reducing premiums

The value of your car depreciates monthly, so it makes no sense for your car insurance premium to stay the same. Getting car insurance that decreases monthly is a sure way of making certain you’re paying the best premium.

Understand your excess

Your excess is the first amount payable on each claim, but you need to ensure that you can afford to pay it if you need to claim. With King Price you can choose the excess that best suits your budget, so all you need to do is save this amount and stash it somewhere safe in case you need it.

Take The Mask Off And Create Wealth On Social Media

Many people are on social media space yet fail to use it optimally leading to them failing dismally in growing their businesses.  Some believe that to have a voice on social media space they must be celebrities or people of influence.  Reality is that one can be a celebrity but without content one can still not have strong presence on social media that can yield profit.  Content is what one can create or source, which is relevant to the business one owns.  Whatever one says or do should lead towards social awareness, business gains or advocacy.

Find a cause, you will have content

There are many reasons people join social media space, some are looking for friends, others want to sell their products, while others are looking for a space to air their views.  Know why you are on social media and have a strategy on how you will drive your cause.  If your cause is business, find ways and means through which you will drive your product or service without trying to play cool as if you do not need sales.

Start using real names, real content, real picture

If you know your cause on social media you will have an identity that is authentic and credible.  You will not hide behind a pseudonym.  Followers and friends want to deal with a real person they can trust.  It does not work to tell potential client that “My real name is” when they are about to pay your with their real money, not fake.  Rather use your picture or any symbol related to your cause than getting any picture of celebrity or any person and present it as yours.  There are some of your followers who do not know how  Rihanna looks like and some conclude that it is your picture and by the time they meet you in person can cancel the deal without giving you reasons.

Create content that will sell without price tag

Followers or friends on social media are looking for engagement, communication and interaction than a situation where you always sell your products without even saying “Halo”.  They want to feel that you are a human being with human needs, you ask why they are not happy, you celebrate their successes, in the mists of all that you have to find a way to sell your product or service.  Best way to do it is to follow conversation that are in line with your services, bring up conversations that will trigger interest for them to know what business you are in.  And most of them they will do that via Inbox or DM without anyone noticing.  Some may not contact you immediately but will keep you in mind for such time that they will need your services.

Be smart, Keep track of the conversation

Do not delete any DM or Inbox that is business related.  Some of your friends or followers may ask you about your services this year and make follow up next year, and when they show up next year it will give them pleasure to notice that you still remember their last enquiry.  Often you will find that they even deleted the conversation from their side or the conversation is right on top but did not bother to check.  Use that as “Doctor’s File” and make reference to it even if is not related to the current enquiry.

For every picture there must be content

If you decide to use posters or pictures in promoting your services or products, let there be a story behind, make your followers or friends understand why you posted that image.  Your content must create appetite to want to buy or share what you have posted.  Remember always that it is not about selling only but brand awareness, the more people recognize your brand the more they get attached to it and the more they want to do business with you.

 

What you didn’t know about R1 insurance

The King of super affordable car insurance that decreases every month has done it again. This time, though, King Price has brought to the market the chance for you to cover a range of valuables for just R1 a month.

That’s right, you can insure some of your favourite things for the lowest amount possible!

Here’s a list of what King Price R1 insurance covers:

• Apple watch: The only thing that should get your heart rate up is exercise, not stressing about what could happen to your precious fitness device.
• Nikon camera: Things drop, things break, and things cost money, which is why this is perfect for your Nikon.
• Golf clubs: You can insure your golf clubs for just R1 monthly, leaving you to practice with all your concentration on the green.
• Bike: These can be crazy expensive to buy and heart-wrenching to replace, so it’s best to cover your 2-wheeler.
• Hearing aid: These are expensive and necessary to catch the highs and lows of life in all its glory, so give them the cover they deserve.

Here’s how it works:

You first need comprehensive cover for your car from King Price. Once you have this policy, you can then comprehensively insure a precious portable item that you use on a day-to-day basis, but that you might not think to cover.

For every comprehensive car insurance policy that you have, you can insure a single R1 item.

• 1 car = 1 R1 item
• 2 cars = 2 R1 items
• 50 cars = 50 R1 items

And so on…

Not only do you get affordable cover, decreasing premiums, and the freedom to choose your own excess… But you also get to insure a whole extra (expensive) asset for less than your undercover parking ticket at the shops.

So, get a quote online, call their royal client care team on 0860 50 50 50, or pop the king an email at king@kingprice.co.za

The evolution of the accountancy professional

We know the world is changing at a rapid pace and the role of professional accountants is more important than ever before.

ACCA (the Association of Chartered Certified Accountants) through its qualification is developing dynamic professional accountants who are strategic forward-thinkers, who thrive in a world of constant technological change and growing globalisation.

ACCA’s Professional accountants – the future research programme answers the following questions:

• What skills and qualities do professional accountants need to be successful?
• What changes will impact the future of the profession?
• How do young professionals see their future in finance?
• What changes will impact the future of the public sector?

ACCA is truly global organization with members living and working in over 180 countries worldwide.

ACCA Fundamentals level teaches you essential financial and management accounting techniques, in addition to providing a strong, broad and practical knowledge of the world of finance.

What opportunities could it lead to?

Studying at Fundamentals level gives you a wide range of opportunities to choose from, such as finance trainee, trainee business analyst and internal auditor.

What will it involve?

There are three valuable awards that can be achieved at the Fundamentals level:

• Diploma in Accounting & Business:Students progressing from ACCA Foundations level will already have this qualification, but it’s an important first step for those starting at Fundamentals level. The Diploma consists of three papers: Accountant in Business; Management Accounting; and Financial Accounting. You also need to take the online ethics module, Foundations in Professionalism.
• Advanced Diploma in Accounting & Business:Take your knowledge further with the next six papers: Corporate and Business Law; Performance Management; Taxation; Financial Reporting; Audit and Assurance; and Financial Management. You also need to take the online ethics module, Professional Ethics. On completion of the Advanced Diploma, you can move up to ACCA Professional level.
• BSc (Hons) Degree Applied Accounting:You also have the opportunity to further your knowledge and skills with our degree in Applied Accounting, which has been created in partnership with Oxford Brookes University. Holding both a professional accounting qualification and an accounting degree is a powerful combination that can greatly increase employment opportunities with employers.

How long will it take?

ACCA Fundamentals level can be completed in as little as 12 to 18 months, but a range of flexible study options are available to suit your lifestyle.

To gain the ACCA Qualification and become an ACCA member, you also need to study at the Professional level in addition to completing three years’ work experience. If you study while you work, you could complete everything in just three years.

On completion of the Fundamentals level, students can progress to our Professional level.
What will you learn?

At the Professional level of the ACCA Qualification, you’ll learn the dynamic skills and strategic vision that all great businesses and financial leaders need. It also gives you the opportunity to specialise in areas that best suit your career ambitions.

What opportunities could it lead to?

Becoming an ACCA member unlocks the widest number of career opportunities, and gives you a mark of distinction that lets you drive your career to greater success. It could lead to very senior positions such as a financial manager, chief financial officer or a partner in a professional firm.

What will it involve?

ACCA Professional level requires you to undertake:

• 5 exams:This includes three compulsory courses of Governance, Risk and Ethics; Corporate Reporting; and Business Analysis. Choose two further courses that suit your career ambitions from Advanced Financial Management; Advanced Performance Management; Advanced Taxation; or Advanced Audit and Assurance.
• 1 ethics module:We believe that finance professionals should be ethical, which is why our Professional level includes a compulsory ethics module.
• 3 years’ work experience:Our exams provide the theory, but you also need practical experience in a relevant workplace role.

How long will it take?

If you combine your studies and work experience, you could gain your ACCA Qualification and be an ACCA member in as little as three years. However, we think your studies should fit around your life, which is why a range of flexible study options are available.

Member benefits services

ACCA keeps you at the leading-edge of the profession with a range of benefits and services which include:

• The ACCA designation – the choice among employers
• The chance to be a global influencer and build your professional network
• Supporting you in your continuing professional development
• Keeping you informed-online, in print and on the move
• Round the clock customer care and careers service

This is only a snapshot of the many benefits members enjoy! More can be viewed on the website by clicking this link https://goo.gl/CGXFpI

Wondering if you are eligible?

To start at Fundamentals level you need a relevant secondary school education covering five separate subjects, which must include English and maths.

Take the first step in your journey towards ACCA membership,  Simply “Click here for more info”: https://goo.gl/CGXFpI

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