The easiest and fastest way to file a claim is through your Customer Account by logging in on the website. Once you login you can submit and view your claims, and sign up for direct deposit. You can also send an email to support@odiepetinsurance.com or give us a call at 877-327-0471 and we can help you out.
Psira Profile Claim: How to Claim your Psira Security officer Profile Online.
Psira Profile Claim: How to claim your Psira Security officer Profile: To begin you need to go to the main official website to claim your profile. Once you get there for mobile users scroll down till you see a column with online services, then choose claim your profile. Then choose security officer from the drop down menu. Once you are done a new option will appear, choose how you want to claim your profile, choose claim by ID Number, and enter your ID number and select validate.
You will see a message indicating your mobile number partially. You will be asked to confirm your mobile number in the space provided below. If you don’t recall the number you used or you no longer use that number you can change it by choosing the forgotten mobile number option. Once you choose this option you will be given the option to change the number used in the registration or application process.
Once you have the phone number sorted out, a one time pin or OTP number will be sent to you. Once this number is sent to you you are required to enter the number in the box provided in order to proceed with the claiming of your online profile by selecting verify OTP.
The last stage of claiming your psira profile includes answering some security questions such as confirming your identity Number, confirming your date of birth and confirming your highest grade. Once you are done filling the answers to these security questions make sure to never forget the information.
You will asked to create a password, make sure the passwords has 8 characters, with at least one of the characters being a number, at least one being a capital letter, at least one small letter and a special character. Example of a good password is ”Tzanwo905@”. This is simple an a example and it is not to be used as a password.
Once you are done creating your password, repeat it and submit. You will be sent your username and password which you will use in your renewal of your psira certificate.
Tax and Insurance in South Africa: What You Need to Know in 2025
In South Africa, understanding the relationship between tax and insurance is essential for protecting your financial future and making the most of available tax benefits. Whether you're an individual, a freelancer, or a business owner, the smart use of insurance can help you reduce your tax liability and safeguard your assets.
Why Insurance Matters for Tax in South Africa
Insurance is more than just a safety net—it can also have a direct impact on your tax situation. From medical insurance to business insurance, certain premiums and policies may qualify for deductions or influence how you declare your income and expenses to SARS (the South African Revenue Service).
- Tax Deductions: Certain insurance premiums, especially related to medical schemes and business cover, may offer tax advantages.
- Asset Protection: Insurance helps manage risk, ensuring you’re financially secure when unexpected events occur.
- Estate Planning: Life insurance can play a key role in reducing estate duty and ensuring a smooth transfer of wealth.
Types of Insurance and Their Tax Implications
1. Medical Insurance (Medical Schemes)
If you're contributing to a registered medical aid, you're entitled to a Medical Scheme Fees Tax Credit (MTC). This credit is a fixed amount per month for you and your dependents and reduces your overall tax liability.
2. Life Insurance
While life insurance pay-outs (on death) are generally not subject to income tax, they can be considered when calculating estate duty. Policies structured under a trust or with specific beneficiaries may help reduce the overall tax burden on your estate.
3. Short-Term Insurance (Vehicle, Home, Contents)
Personal short-term insurance is not tax-deductible for individuals. However, if you use part of your home or vehicle for business, the portion of insurance premiums related to business use may be claimed as a business expense.
4. Business Insurance
For companies and self-employed individuals, business insurance premiums—such as professional indemnity, commercial property cover, or key person insurance—are usually tax-deductible as operating expenses.
5. Disability and Income Protection Insurance
The tax treatment of disability insurance changed in recent years. Payouts from income protection insurance are now generally taxed as income, but premiums are not tax-deductible. Understanding this shift is important when planning your cover.
Tax Tips to Maximise Your Insurance Benefits
- Keep Detailed Records: Always keep documentation of insurance premiums, especially those linked to business or medical expenses.
- Consult a Tax Practitioner: SARS regulations around insurance and tax can be complex. A registered tax advisor can help ensure you claim all available deductions correctly.
- Review Policies Annually: Update your insurance portfolio regularly to ensure your cover aligns with your income, expenses, and current tax laws.
- Use Structuring Wisely: For high-net-worth individuals, structuring life insurance policies within a trust can reduce estate duty exposure.
Frequently Asked Questions: Tax and Insurance in South Africa
Q: Can I deduct life insurance premiums from my South African taxes?
A: No, life insurance premiums are generally not deductible. However, they may play a key role in estate planning.
Q: Are medical aid contributions tax-deductible?
A: Not exactly. Instead, you receive a Medical Tax Credit—a fixed monthly rebate that reduces your tax payable.
Q: Can I claim car insurance as a tax deduction?
A: Only if the vehicle is used for business purposes. You can claim the business-use portion of your vehicle insurance.
Q: Is business insurance tax-deductible in South Africa?
A: Yes. Business insurance premiums related to company operations are generally tax-deductible.
Final Thoughts
In South Africa, insurance isn't just about protection—it's a strategic tool for managing your tax liability, preserving wealth, and supporting long-term financial stability. Whether you’re reviewing your medical insurance, planning your estate, or choosing the right business insurance, it’s essential to understand how these choices affect your tax outcomes.
With the right advice and a well-structured insurance portfolio, you can reduce your tax bill while ensuring comprehensive protection for yourself, your family, or your business.