Life Insurance / General

Life insurers perform admirably through pandemic

South Africa’s life insurance industry, which manages in the region of R3.1 trillion in assets, performed admirably through the first wave of the coronavirus pandemic. Large insurers not only settled the usual death, disability, dread disease and income protection claims; but also set aside more than R1 billion for around 458 000 policyholders who required premium relief assistance between March and July 2020.

How to build a lasting legacy this World Financial Planning Day

Can I afford to die?

The Covid-19 pandemic has served as a reminder that death can come at any time, and although it is not a subject we like to think about, there are some important things one should put in place to protect those you will leave behind. Besides the emotional stress your death will bring to your loved ones, without proper planning they could be plagued by financial stresses as well.

Heart attacks are on the rise among young adults, making precautions key

About 18% of all deaths in South Africa – or an average of 224 per day – are a result of cardiovascular disease, making it the leading cause of death in the country after HIV/Aids. And while age has long been seen as the biggest risk factor, growing numbers of young people between the ages of 20 and 40 are now suffering heart attacks too.