Employee Benefits

Proactive brokers can fill the R34 trillion insurance gap

South Africa’s oft-celebrated life insurance penetration statistics hide an uncomfortable truth: far too much of the penetration is due to the country’s funeral policy obsession. These policies, usually sold to the poorest of the poor, are among the costliest available domestically measured on the cover obtained per rand in premium. This is why a growing cohort of insurance professionals view a gradual shift from retail funeral cover to group risk cover as a viable method for reducing South Africa’s life insurance gap.

SA companies innovate benefits to combat rising living costs

As South Africa prepares for Workers' Day, the nation faces stark economic realities: despite average salary increases starting to align with the mean Consumer Price Index (CPI) for the first time since 2020, the real cost of living is escalating at an even faster pace.

Unpacking the Complexity of an Employee’s Disability Claim

Addressing the employee indebtedness crisis shows clear productivity and financial wellness results

Amid the stresses of a strained economy and growing financial pressure on consumers, there are two pivotal questions that ought to be taken much more seriously in the corridors of business South Africa: is the issue of employee indebtedness taken seriously enough?