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Income protection gaps – a truly global challenge

28 June 2016

For families, the impact of the main earner suffering from critical illness, disability, or even worse, can be devastating. A survey in eleven countries reveals a significant discrepancy between perception and reality, major gaps in awareness and significant variations by region. The good news is that many seem to overestimate the cost of income protection and that employers can contribute to tackle this challenge.

Stripping to the bare minimum to design appropriate products

26 April 2016

Market segmentation is an approach that is growing in popularity around the world as companies are looking for ways to cater for the unique needs of a specific market group. This is especially prevalent in the selfie generation where clients are no longer happy with blanket offerings. The best way to do this is through data analysis whereby companies sit down and look at the types of claims they received for a specific year.

Advising beyond unforeseen circumstances

07 April 2016

Insuring against the consequences of a serious illness may seem an unnecessary expense, especially when budgets are under extreme pressure, but surviving a serious illness and living with it may be a much greater drain on a client’s finances than dying from the illness.

Momentum announces their 2015 claim statistics

17 March 2016

“Medical aids can never be a substitute for critical illness cover.” These are the words of Stephen van Niekerk, Head of Retail Life Insurance Products at Momentum at today’s media event during which he presented the 2015 claim statistics.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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