"Many people hesitate to consider life insurance, assuming it’s an expensive commitment. The truth is, life cover can be surprisingly affordable, especially if you secure it at a younger age when premiums tend to be lower for the same amount…
"There is so much jargon surrounding the industry, from waiting periods, penalties, exclusions, limitations of pre-existing conditions to application of formularies, preferred providers, and tariff codes, to name a few," says Reo Botes is Managing…
“Medical expenses can quickly escalate beyond what standard medical aid covers. This is where gap cover becomes crucial. It acts as a safety net that covers the shortfalls between what medical aids pay and the actual costs incurred during hospital…
"While the 2024 Transformation Report reflects consistent progress over the past six years, we must also acknowledge the ongoing challenges. After all, a progress update, by its nature, indicates that the targeted goal has not yet been achieved,"…
"The most successful financial services businesses in the current, volatile landscape will consistently show up as quality advisory partners to help make decisions and then offer rewards for making good decisions and taking care of things that…
"I am deeply honoured to receive the SARA President's Award. This moment is not just a personal achievement, but it reflects my commitment to advocating for income equity in South Africa," says Lindiwe Sebesho, Managing Director of Remchannel.
“Getting ahead of the possibility of the disease is always the best option. And I would advise regular testing over the age of 50, at least once a year. Your doctor would be able to best advise you of this,” says says Liberty Medical Officer…
"The AI Coach is central to our commitment to democratise financial access across the continent. By providing instant, personalised financial guidance, we are not only enhancing client experience but also driving meaningful growth for the business.…
"Before the enactment of the Protection of Personal Information Act (POPIA) in July 2021, there was no legal obligation to report data breaches. Additionally, many companies lack fundamental security measures, such as multi-factor authentication,…
"Some people leave these details out to dodge temporary exclusions on their policy. When they later claim benefits for these hidden issues, the truth usually surfaces through claims investigations, and their claim can be rejected and their policy…
"Chauke brings a unique blend of strategic leadership, financial acumen, and a creative approach to our brand and sustainability. We are confident that her expertise will add tremendous value to our business, strengthening our efforts to deliver…
“Financial advisers have ethical obligations to prioritise their clients’ interests, and to make recommendations that are aligned. This means interrogating the various life insurance products to identify which ones solve real problems and deliver…
“In order to gain or maintain your competitive edge, financial advisers need to deliver value to their clients through products and services that solve for what they really need, and this requires a deep understanding of your client's needs…
“While corporate social responsibility plays a valuable role in supporting communities, shared value takes this a step further by integrating positive social impact directly into the core business strategy. Rather than focusing solely on profit…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
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