"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…
“What’s particularly concerning is that suicide claims increased by 50% compared to 2022, and South Africans reporting stress to the extent that they cannot work is 11% higher than the global average of 39%, as noted in the Ipsos World Mental…
Gareth Friedlander, a member of the ASISA Life and Risk Board Committee, says the R298 billion would have been paid to individuals following a tragic event like death or disability or a significant life stage change like retirement.
Nic Smit, Chief Product Actuary at Bidvest Life, explains that while lower-priced policies may seem appealing when you are looking at life insurance offerings, they often come with limitations or exclusions that could leave you vulnerable when…
Affordability is a key part of most people’s thought process when buying life insurance. In this Q&A with videos, Clyde Parsons, Chief Innovation Officer at BrightRock explains to consumers unpacking how premiums work in simple terms.
“Cancer is never a predictable journey, and previously patients would simply receive an insurance payout at the beginning only to find that they needed more funds if the disease persists in some way down the line, which is unfortunately a reality…
"The administrative sanctions imposed on OMLACSA are due to its failure to comply with certain provisions of the FIC Act and consist of four cautions and a financial penalty totalling R15.9 million, of which R5.9 million is conditionally suspended for…
“We are delighted to bring four new partners onto the Health Compass platform. Our commitment to providing brokers, wealth managers and insurers with technology that enhances their operations is unwavering. We look forward to deepening these…
"There is the potential for conflict if you have not clearly stated who is to inherit your family home, or other items that may be of monetary or sentimental value to you. A will is more than a legal document – it is a roadmap that helps your…
"In determining the Discovery Health Medical Scheme contribution increases for 2025, the priority is maintaining the industry-leading benefits enjoyed by Discovery Health Medical Scheme members, while ensuring contributions remain affordable…
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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