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That's a lot of faith to put in South African insurance companies.

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Yeah.. i bet they're White-owned and about as trustworthy as insurance Companys in general..

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If you think it's anything like it would be in a country like the USA, you've never had to deal with a company located in South Africa before.

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Correct; i don't.. but one had a possibly naive hope, that remainders of the last functioning societal order in SA was still to be found in places like "insurance for Whites' businesses".