Insurance: Expectation vs. Reality

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Insurance: Expectation vs. Reality

That Piece of Paper that helps you:

  1.  Own a home
  2.  Drive a vehicle
  3.  Help cover healthcare costs and legal expenses

The Question I think should be asked is:

Do we fully understand the contract deals, terms?
Truth be told, your broker can never explain EVERYTHING to you and who has the time to read all the fine print? Hence we then make hasty decisions based on our expectations.
Some of us get sold with a just a single telephone call without giving ourselves time to study the facts.

Expectations vs Reality

Our Expectations:

Can be based on a lot:

How well known is the insurance company?
How long has the company been around?
Who uses them?
How often and how well the company trends and advertises themselves.
Positive feedback from existing clients

An individual has the following expectations:

  • A Lump sum pay-out
  • No premium increases
  • Saving
  • Expect the Insurance company to be on your side
  • Get a pay-out even when we know that our premiums have not been constant
  • Inherited pay-outs

The Reality:

Insurance can offer you a second chance, a new beginning and a brighter future if all is correct and in order.

  • There is an insurance that suits you
  • Insurance cover is generally much cheaper when you are younger and healthier
  • You can insure just about anything these days
  • Think about the effects of missing one premium
  • Some Insurance pay-outs are TAXED
  • Insurance is a piece of mind, you rest well knowing you are protected

 

Accidents and Death are unfortunately inevitable for every home no matter the age, we will all come across unexpected issues in life that would require us to be able to take care of ourselves.

 

 

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About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Tenders Africa Deputy HOD and Classy is the best word that describes me.

Featured Tender: Planning, Design and Project Management of Paved Streets in Rosedale

Planning, Design and Project Management of Paved Streets in Rosedale

Project Management

Contract Number:

TN095/2018 – Dawid Kruiper Municipality

Description:

Greater Tzaneen Local Municipality invites tenders for Mawa Block 12 Low Level Bridge.

Category Industry
Consultants Road
Institution
Region Site Inspection
Northern Cape 2018-11-16 10:00 AM
Closing Date Contract Period
30 November 2018 No Details

 

Please visit Leads 2 Business for more information on this Tender Notice.
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To view notes with screenshots on how to use our website, please visit the Leads 2 Business Wiki.
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About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Tenders Africa Deputy HOD and Classy is the best word that describes me.

Featured Tender: Maintenance of Underground and Open Stormwater Infrastructure at Pudimoe

Maintenance of Underground and Open Stormwater Infrastructure at Pudimoe

Open Stormwater Infrastructure

Contract Number:

GTLM/INFR10/2018/2019 – Greater Tuang Local Municipality

Description:

Bids are hereby invited for the following: Maintenance of Underground and Open Stormwater Infrastructure at Pudimoe.

 

Category Industry
Infrastructure Industrial
Region Site Inspection
North West 2018-09-03 10:00 AM
Closing Date Contract Period
10 October 2018 at 12:00 No Details

 

Please visit Leads 2 Business for more information on the Maintenance of Underground and Open Stormwater Infrastructure at Pudimoe tender.
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To view notes with screenshots on how to use our website, please visit the Leads 2 Business Wiki.
To view more articles, please visit the Leads 2 Business Blog.

About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Tenders Africa Deputy HOD and Classy is the best word that describes me.

Featured Tender: Supply, delivery and construction of stock water systems and the installation of a complete solar pump system at Groenville farm, Barkley West

Supply, delivery and construction of stock water systems and the installation of a complete solar pump system at Groenville farm, Barkley West.

Groenville farm

Contract Number:

NC/DALC/1863 – Department of Agriculture

Description:

Tenders are invited for Supply, delivery and construction of stock water systems and the installation of a complete solar pump system at Groenville farm, Barkley West. Place where goods, works or services are required: Groenville Farm in Barkley West.

 

Category Industries
Infrastructure

Mechanical

Alternative Energy

 

Water
Region Site Inspection
Northern Cape 2018-07-06 10:00 AM
Closing Date Restrictions
23 July 2018 at 11:00 Special Conditions: CIDB Grading 3CE or 3GB. This bid is advertised in terms of the National Treasury Designated Sectors Instruction Number 15 of 2016/2017 of conversion processes of local production and content for steel products and components for construction.

 

If you are a valued Tender subscriber, you can find more details about this Tender here
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About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Tenders Africa Deputy HOD and Classy is the best word that describes me.

“Gandaganda Matiyo, Gandaganda Matiyo!”

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“Gandaganda Matiyo, Gandaganda Matiyo!”

A typical child that grew up in a township like myself would remember this rhyme when spotting a Gandaganda.

Okay, today’s blog‘s focus is not only on the Gandaganda (Tractor) but on All Heavy Plant and Machinery or better known as “Heavy Duty Vehicles” i.e. Heavy Trucks, Construction Equipment, Heavy Vehicles and Heavy Hydraulics, (things one would not normally think of if you’re not exposed to the construction industry).

These Machines can be referred to as a Foundation to any building structure from conceptual stages right until completed. I say so because of its involvement in the process from ground works until we see the beauty of the structure. With the growing industrialization of Construction works, the role on site, equipment and machineries is vital in achieving productivity and efficiency. This making the works seem much simpler while reducing the amount of manual labour.

 

The use of heavy equipment has a long history: The ancient Roman engineer Vitruvius (1st century BCE) gave descriptions of heavy equipment and cranes in ancient Rome. The pile driver was invented around 1500. The first tunneling shield was patented by Marc Isambard Brunel in 1818

From this Gandaganda,

To this.

Heavy equipment is used in different ways and can be divided into four major components:

• Earth – moving Equipment
• Construction Vehicles
• Material Handling
• Construction Equipment

There are several variations of construction equipment, but the ones listed below are the most commonly used by contractors.

1.Excavators

Excavators are large construction equipment that can be available over wheels or tracks.

Functions: Material handling, digging of trenches, holes and foundations, Brush cutting with hydraulic attachments, Demolition, Rough grading, Heavy lifting and pipe installation, Mining and River dredging

2.Backhoe Loaders

Backhoe loaders are very similar to tractors with a slight difference: They contain an adjustable shovel in front and a small bucket at the back used for digging.

Function: They can move dirt, backfill, dig trenches and place smaller pipes into place. One of the best attributes of backhoe loaders is that they are tyre mounted and they can be used in urbanized areas and patios. The bucket in the back can be modified using different attachments allowing you to dig trenches of different widths.

3.Bulldozers

Bulldozers have a wide flat blade in front that can be operated using two hydraulic pistons allowing the blade to be moved in limited angles or depths

Function: They are normally used to push piles of earth and for rough/fine grading depending on the size of the bulldozer. Its weight can be used to crush larger boulders among other actions.

4.Asphalt Paver

Asphalt Paver is a piece of construction equipment used to lay asphalt on roads, bridges, parking lots and other such places.

Function: It lays the asphalt flat and provides minor compaction before it is compacted by a roller.

 

Now when you see a Gandaganda, or such machines as mentioned above, respect them and the people sitting behind them, as the world is a beautiful place because of their existence!!

 

“Gandaganda Matiyo,Gandaganda Matiyo!”

 

If you are interested in becoming one of our subscribers, please visit our website.
To view notes with screenshots on how to use our website, please visit our Wiki site.
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About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Tenders Africa Deputy HOD and Classy is the best word that describes me.

Featured Tender: Olifantspoort RWS (Mmotong Wa Perekisi) Phase 4

Polokwane Local Municipality invites tenders for Olifantspoort RWS (Mmotong Wa Perekisi) Phase 4.

Olifantspoort RWS

Contract Number:

PM06/2018 – Polokwane Local Municipality

Description:

Polokwane Local Municipality invites tenders for Olifantspoort RWS (Mmotong Wa Perekisi) Phase 4.

 

Category Industries
Infrastructure Water
Region Site Inspection
Limpopo A compulsory clarification meeting with representatives of the Employer will take place at New Peter Mokaba Stadium Complex, Executive Lounge 1st Floor on 06 April 2018 starting at 10:00.
Closing Date Restrictions
24 April 2018 at 10:00 It is estimated that tenderers should have a CIDB contractor grading of 7CE. Telephonic, Telegraphic, Telex, Facsimile, Emailed and Late Tenders will not be accepted. Tenders may only be submitted on the tender documentation that is issued. Requirements for sealing, addressing, delivering, opening and assessment of Tenders are stated in the Tender Data

 

 

 

If you are a valued Tender subscriber, you can find more details about this Tender here
If you are interested in becoming one of our subscribers, please visit our website.
To view notes with screenshots on how to use our website, please visit our Wiki site.
To view more articles, please visit our blog.

 

About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Tenders Africa Deputy HOD and Classy is the best word that describes me.

Featured Tender: Maintenance and Repairs of Administrative Buildings in Gatsibo District

Contract Number: 000002/W/NCB/2017/2018 – Gatsibo District

Description: The District of GATSIBO invites qualified bidders to submit bids for the rehabilitation of Administrative Buildings in Gatsibo District as indicated in detail in tender document and the bill of quantity (BOQ).

Category: Building

Industries: Renovations + Institutional

Region: Tanzania

Site Inspection: A compulsory site visit is scheduled to take place on 19 October 2017 at 09:00 local time. After the visit, a site visit certificate will be issued to the visiting bidders

Closing Date: 09 November 2017 at 10:00 (Local Time)

Restrictions: Bid Security is not required, bids shall be accompanied by a Commitment letter. Late bids will be rejected. Bidding will be conducted in accordance with the law n°05/2013 of 13/02/2013 modifying and completing the law n°12/2007 of 27/03/2007 on public procurement.

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About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Tenders Africa Deputy HOD and Classy is the best word that describes me.

L2B Blog: The longest Civil Engineering job Underway in SA

The longest Civil Engineering job Underway in SA

“N2 Wild Coast Toll Highway”

The longest Civil Engineering job Underway in SA

PPA 6181 on L2b Website: http://www.l2b.co.za/Project/N2-Wild-Coast-Toll-Highway/6181

Is it the One / Is dit die Een / Ingabe iwo na?

Image Source: click here

 

Talks about this project have been going on since 2008, when the project was first captured on the L2B Website.

It has created thousands of jobs as the work included nine major bridges and three interchange bridges. The project also includes two mega-bridges across the Msikaba and Mtentu river gorges at a cost of R1.2-billion and R1.3 billion respectively.

 

What this all looked like before the works:

Image Source: click here

Which justifies why this was the most controversial subjects and most popular as it was famous for its unspoilt and untouched natural surroundings

 

As we all know Construction works are carried out in the form of projects. Projects are becoming progressively larger and more complex in terms of physical size and cost. In the modern world, the execution of a project requires the management of scarce resources; manpower, material, money, and machines to be managed throughout the life of the project – from conception to completion – as per pictures below:

 

Construction Process (From Start to Finish):

Image Source: click here

 

Image Source: click here

 

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Image Source: click here

 

Facts and Benefits:

  • The creation of this new road increased accessibility to the area and thus increased job creation and improved livelihoods
  • It has also served to increase connectivity and logistics between the Eastern Cape and KwaZulu-Natal regions.
  • Moreover, the many coastal reserves, whose aims are to educate people and to conserve the natural environment, and serve as tourist attractions, will become more accessible.
  • Overall, on the positive side, it is anticipated that the new N2 road has greatly benefitted the surrounding communities in terms of job creation, infrastructure development and accessibility, which facilitates tourism and related economic opportunities.

Despite the works that have taken place over the years, it is still amazing how the Wild Coast has preserved its originality by keeping and maintaining its tourist attractions:

Image Source: click here

No wonder Everybody likes taking a walk on the Wild Side…..Thanks to the N2 wild coast Highway, it has made this much much easier

For reference purposes, please refer to the following link: http://www.wildcoast.co.za/wild-coast-toll-road-eia-public-participation-flawed

About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Tenders Africa Deputy HOD and Classy is the best word that describes me.

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