Personal Finance: Is your house covered for a disaster?

Gugs Mhlungu is joined by Paul Roelofse, a resident certified financial planner, to explore the importance of household insurance.  They unpack how insurers determine the cost of cover, what is included and excluded in a policy, and why homeowners should regularly update their insured amount to reflect current rebuilding costs. The conversation also explores how paying premiums separately can help avoid interest charges, and why it’s important to include additional cover for area-specific risks such as floods, storms, or other natural disasters. Gugs Mhlungu is your weekend companion for thoughtful conversations on lifestyle, health, culture, books, food, and everything happening around 702Land. Thanks for listening. Catch the 702 Weekend Breakfast with Gugs Mhlungu live on 702 every weekend morning from 6 am to 10 am (SA time). Find more from the show and catch-up podcasts on the Primedia+ app https://buff.ly/gk3y0Kj Subscribe to the 702 newsletters for more https://buff.ly/v5mfetc  Let’s keep the conversation going online: 702 on Facebook: https://www.facebook.com/TalkRadio702    702 on TikTok: https://www.tiktok.com/@talkradio702  702 on Instagram: https://www.instagram.com/talkradio702/  702 on X: https://x.com/Radio702  702 on YouTube: https://www.youtube.com/@radio702  See omnystudio.com/listener for privacy information.