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Financial advisers and planners who advise clients on complex death, disability, severe illness and income protection policies must make sure that these products perform ‘as expected’ when a life altering event takes place. This requires an intimate knowledge of how a product performs in addition to doing the math on adequate sums insured and the affordability of monthly premium.
Life insurer Bidvest Life says that speed makes all the difference when it comes to paying claims.
Insurer Liberty is now offering its versatile and adaptable EduCator cover designed for children's education as stand-alone cover.
The strongest deterrent against FSP compliance missteps is or should be: