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What you need to know about submitting a death claim

25 May 2022

If your loved one was a member of a retirement fund at the time of their death, you could be entitled to receive the value of the investment paid out. During what is a very emotionally-charged time, the paperwork which nominees are required to complete can seem onerous. There are several benefits that might have been left to you with various choices to be made.

The ‘three ‘Cs’ – comparing, competing and copying can lead to a financial downfall

23 May 2022

It’s most often called ‘keeping up with the Dlamini’s’. But, it is really about seeing what friends, relatives and neighbours have, comparing your possessions to theirs and then deciding that you deserve the same, secretly competing and copying expensive lifestyles we cannot afford. It is, unfortunately, also why many people find themselves in financial trouble, says Old Mutual.

A conveyer-belt of consumer corruption

18 May 2022

The life insurance sector is awash with fraudulent and dishonest claims, making it the latest section of the domestic economy to lament South Africa’s near-endemic levels of corruption. Local life insurers detected and prevented 4287 fraudulent and dishonest claims worth ZAR787.6 million across all lines of risk business last year, being a big jump from the 3186 cases totalling ZAR587.3 million reported in 2020.

Best opportunity to buy a life annuity this decade

17 May 2022

Current market conditions allow pensioners to secure 30% higher income that is guaranteed for life, than they could at the start of this decade.

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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Guaranteed Annuity Portfolio provides clients with the best of both worlds

12 May 2022

Managing business risks in the current economic environment

11 May 2022

The most important egg to focus on this Easter – your children’s nest egg

07 April 2022

Five ways we fool ourselves about money

31 March 2022

FNB Life pays out nearly R2.6 billion in insurance claims, mostly for death and retrenchments

30 March 2022

Budgeting hacks to reach your savings goals

14 March 2022

Life Insurance – industry finding its feet and consolidating positions in the customer satisfaction stakes

10 March 2022

The most common severe illness amongst South African women is cancer – Discovery Life claims data

08 March 2022

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Life Insurance / General