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FNB Life expects to approve approximately R100 million worth of credit life insurance claims by June 2020 for consumers whose finances have been negatively impacted by COVID-19. The insurance provider is a division of FNB, which previously announced relief measures for customers including assistance with credit insurance where relevant.
Wills and estate administration company, Capital Legacy, has offered a free, telephonic Will-drafting service with complementary cover for Executor and related fees up to R250 000, at no cost, to South Africa’s healthcare workers in the public sector.
If I get COVID-19, will my income protection or life insurance cover me? And what can I do if I can’t pay my premiums as a result of the pandemic affecting my income? These questions are top of mind right now as the lockdown affects millions of South Africans.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?