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As the number of COVID-19 infections in South Africa spikes again, a trend mirrored around the world, and everyone eagerly awaits the vaccine, people are more focused than usual on their own mortality. Quite rightly we are all concerned about the possibility, and then the consequences of our untimely death.
Research has shown that we spend money differently depending on how it’s earned. We are more responsible with money we worked hard for, while tending to spend any windfalls.
In an ever-changing environment, the need for certainty during retirement has become more urgent and has resulted in a general shift to conventional life annuities as the product of choice.
The year 2020 has proven that the road ahead isn’t always perfectly mapped out. The Momentum Life Insurance 2020 Risk Summit showed us that now, more than ever, we must partner with people who can navigate through an unpredictable life insurance landscape… specialists who bring conviction, clarity and certainty to the journey, those who are not afraid of change and who understand risk.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?