Life Insurance / General

Old Mutual pays-out record R21,2 billion in claims in 2021 – a year on year increase of 51%

Old Mutual, according to its latest Claims Statistics Report, has paid out R21,2 billion in claims across Old Mutual South Africa in 2021. The pay-outs include underwritten, non-underwritten and corporate claims and represents a year-on-year increase of 51%.

FNB Life says death-related insurance claims are normalising to pre-Covid levels

2021 Claim Stats Show What’s Ailing South Africans

Sanlam Individual Life paid R8.24 billion in claims last year – almost double what was paid to clients (R3.9 billion) just four years ago, in 2018.

Three tips for teaching young adults how to handle income