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A vaccination request too far?

01 September 2021

Income protection specialist, FMI, a division of Bidvest Life, is the latest in a long list of insurers to admit that their lapse experience during lockdown and pandemic has been better than feared. “We expected [premium] affordability would become an issue and that high lapse rates would follow; but we have not experienced that,” said Leza Wells, Chief Product Actuary at the insurer. Wells was commenting during a virtual presentation titled ‘Covid-19: The real impact on life insurance ”. There is also substantial evidence that the country’s life policyholders have cottoned on to the value in their death, disability, dread disease and income protection cover and are doing whatever it takes to keep these covers in place.

Why short-term insurance is not the only insurance SMEs should be considering

31 August 2021

Short-term insurance recently became one of the talking points of the July lootings after thousands of SMEs were affected by the riots, suffering loss and damage to assets.

2020 life insurance stats reveal COVID-19 impact and instils vaccine confidence

30 August 2021

Head of Product Development at Momentum Life Insurance, Jenny Ingram, provided a window into the impact COVID-19 has had and will have on life insurance claims. Based on insights from a significant life insurance market share, Ingram is confident that these statistics provide a view of the impact this virus has had on the South African insured population as well as the positive effect of the vaccination rollout.

Myth-busting: Unpacking the facts about life insurance for women

23 August 2021

As women strive to build secure, positive financial futures for themselves and their families, they need to make sure they are informed about the role of life insurance and its benefits through all stages of their lives.

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The strongest deterrent against FSP compliance missteps is or should be:

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A criminal conviction Debarment Fine or penalty Any of the above can work

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