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The South African life insurance industry, in collaboration with its financial adviser community, is poised to overcome the challenges brought on by the pandemic and capitalise on new opportunities that lie ahead.
In today's uncertain economic climate, having an emergency fund is crucial for financial security. Whether facing unexpected medical expenses, home repairs, or job loss, an emergency fund provides a safety net. This article will outline effective strategies for South Africans to build and maintain an emergency fund.
Encouraging your kids to save from a young age is important, as it sets them up for the future. South Africa has one of the lowest savings rates in the world. At 16.3%, we need to start helping our future generations understand the importance of saving and guide them in building healthy and solid relationships with money.
In its latest Claims Statistics Report, Old Mutual has revealed that it paid R14,7 billion in risk cover claims across the group’s South African operations throughout 2022.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?