Is your life cover amount enough, or have your insurance needs grown over the last few months or years? Here are definite signs you need it. Sometimes it can be hard to tell how much life cover you need when you first start…
Because many people don’t quite understand how life insurance works, they believe its a scam. The problem lies in the fact that death needs to occur within the coverage period. It’s a bitter blow when someone dies outside the term period and receives…
We asked Karen Bongers, Development Actuary at Sanlam Individual Life, about suicide exclusions in life insurance policies. First she told us about Sanlam’s new informational campaign. It allows South Africans to figure out exactly what cover they need. Sanlam’s Conversations with Yourself campaign…
FMI Critical Illness cover pays out for financial responsibilities, emotional support, and even reconstructive surgery following a mastectomy In South Africa, 100 000 people receive a cancer diagnosis each year, with one in nine women being diagnosed in their lifetime1 and breast cancer being…
Many people in South Africa earn a small income. So they have given up on insurance that prepares them for the unknown future. But now small insurers have come to the rescue. If they research in insurance, the local insurance companies they are…
Oct
1
Insurance loyalty programmes compared: Sanlam Reality vs Discovery Vitality vs Momentum Multiply
If one retailer offers benefits and rewards, others will be forced to do so too. That is, if they want to keep their customers. South Africans love being rewarded. So many shop at Pick n Pay to benefit from the smart shopper card.…
Sep
30
How To Save On Premiums
A life insurance premium is the amount of money that a policyholder pays periodically for an insurance policy. So life insurance premiums can be paid monthly, quarterly and yearly. Here is how to save on premiums. How life insurance premiums are calculated –…
Nobody really likes getting any kind of insurance as it usually means lots of forms, lots of information. It may even mean ending up with a premium that you feel is too high for the coverage you get. But understanding life insurance is…
Financial security continues to be one the most important factors couples consider when planning to start a family. Therefore, life insurance policies which are structured correctly play a key role in maintaining the financial well-being of a family should both, or one partner…
Surviving in South Africa when you’ve got a job is challenging as it is. Sso when you find yourself without a regular monthly income, it can devastating. For the self employed person, income protection is critical. Having a disability policy is critical. Injury…