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Life & Health Insurance

 

Life & Health Insurance / 11-10-22 / Tau kaVodloza

Sanlam to acquire controlling shareholding in AfroCentric Group

"Sanlam is delighted to welcome AfroCentric shareholders, management and key stakeholders into the Sanlam Group if this offer to shareholders is accepted. AfroCentric is a leading diversified and integrated healthcare provider that provides…

Life & Health Insurance / 07-10-22 / Shelly Nxumalo

Liberty partners with health organisations in fight against dread diseases

Partnering with the Heart and Stroke Foundation, the Cancer Association of South Africa (CANSA), and the Stroke Survivors Foundation, is a pronouncement of our commitment to ensure that South Africans do not face these health challenges on their…

Life & Health Insurance / 29-09-22 / Tommy Jackson

Mental health key driver of surge in accident and health insurance cover

"The results of the review have been illustrative of the fact that conditions such as anxiety, depression and stress related conditions increase the probability of accidents at work or elsewhere. The impact of poor mental health amongst employees…

Life & Health Insurance / 27-09-22 / Chris Smit

Double cancer diagnosis shows why the right cover is critical

“Your role as advisers is to ensure that when cancer – or any critical illness for that matter - strikes, your clients can take the time off to recover without having to worry about losing their income, and it’s up to you to ensure your clients…

Life & Health Insurance / 19-09-22 / Tau kaVodloza

Life insurers continue to weather adverse conditions: ASISA stats

The ASISA long-term insurance statistics show that life insurers held assets of R3.51 trillion at the end of June 2022, and liabilities of R3.18 trillion, and Hennie de Villiers, deputy chair of the ASISA Life and Risk Board Committee, says…

Life & Health Insurance / 12-09-22 / Tommy Jackson

Discovery Life: Number of people in SA without a will is concerning

"One of the key reasons given by respondents in our survey, as to why they do not have a will in place, was the issue of not having the time to prepare one," says Gareth Friedlander, Deputy CEO of Discovery Life.

Life & Health Insurance / 05-09-22 / Duty Editor

Bidvest Life saw highest claims volumes in its 27-year history in 2021

“Our 2021 Claims Report showcases the power of income protection as part of our drive to educate South African customers, many of whom are largely unaware such a product even exists," says Bidvest Life Acting Chief Product and Pricing Actuary,…

Life & Health Insurance / 25-08-22 / Duty Editor

Comp Commission raids offices of eight major life insurers

“The search and seizure operation is part of the routine process of evidence gathering and we urge all involved to allow the investigation to run its course. The Commission will at an appropriate stage reveal the outcome of the investigation,”…

Life & Health Insurance / 23-08-22 / Shelly Nxumalo

How to protect yourself from the rising risk of funeral cover scams

Darryl Dunn, Liberty Head for Market Development and Worksite Management, has some simple ways for consumers to avoid these vicious scams and find the right funeral cover for their unique needs.

Life & Health Insurance / 22-08-22 / Shelly Nxumalo

Avoid the lump sum trap: protect your income stream

Human nature is what it is – and often, the greatest temptation when receiving a lump sum payout is to spend it on unnecessary items like expensive cars and luxury holidays, instead of making wise financial decisions for their family’s immediate…

Life & Health Insurance / 22-08-22 / Sisanda Ndlovu

Planning financial security for an unknown future

Poovan Perumal, Head of Product and Sales Enablement at Hollard Life Solutions outlines planning financial security for an unknown future; how Covid-19 has changed the consumer perception of insurance cover; the increased level of digitisation;…

Life & Health Insurance / 12-08-22 / Sisanda Ndlovu

South African women need more income protection cover: Discovery Life

"According to Statistics South Africa, 38% of South African households are single-handedly headed by women. So, it is clear that South African women need to protect themselves with the correct financial products," says Kashmeera Kanji, Discovery…

Life & Health Insurance / 27-07-22 / Daniel G. Jones

Bidvest Life beefs up executive team as part of growth agenda

Life insurer Bidvest Life has announced the appointment of Titi Ngubane as its new Chief Information Officer and Bianca Rohan as its new Chief Human Resources Officer to support the next phase of the company’s growth.

Life & Health Insurance / 04-07-22 / Duty Editor

ASISA members paid R22.7bn of unclamed assets to righful beneficiaries in 2021

The unclaimed assets were held in 77 790 risk policies, savings and investment policies, annuity polices and accounts in Collective Investment Scheme (CIS) portfolios, says Rosemary Lightbody, senior policy advisor at ASISA.