All insurance policies (with the exception of Life Insurance) have some form of policy excess, where you have to contribute a monetary value when making a claim. This is to deter people from making unnecessary claims, and in effect encourages people to be more responsible and reduce the potential of having to make a claim in the first place.
Getting insurance every year certainly isn't fun, but it is a necessity. With inflation, claim numbers and the claim value continually increasing, two main issues arise when it comes to a claim.
1. It is likely to increase your premiums moving forward.
2. You have to pay for some of it from your own pocket ( policy Excess).
Basically you need to make two claims. You make a claim on your standard insurance and pay your excess up front, and then you notify CLAIMYEXCESS with supported documents as a proof to get your excess reimbursed.
For full exclusion details check PDS document.
The main benefit to having CLAIMYEXCESS is the savings. You will not only save money when you make a claim on your insurance and get your excess back, but you could also see your premiums lowered if you have opted for a higher voluntary excess on your standard insurance policy.
APPSOFT LTD. t/a CLAIM