YOUR MONEY SORTED

MANY South Africans have become gig workers as a result of lockdown and the recent spate of retrenchments. The term includes independent contractors and freelancers who work from home.

Unfortunately, many people fail to advise their insurers when they make the switch, and there’s a huge difference between personal household insurance and business insurance.

Here are five things you need to know to make sure you’re properly covered.

1 DECLARE IT

■ Most insurance companies require their clients