Explore the Category

No-test life insurance offers easy life cover options during lockdown

08 June 2020

Getting life insurance the traditional way can be a bit of a pain – literally and figuratively. Long, drawn-out questionnaires, lots of paperwork and formalities, days, if not weeks, of processing and of course, blood samples and medical examinations! In today’s age of lockdowns and social distancing, that’s simply not an option.

Lockdown proves a useful predictor for insurance distribution

02 June 2020

The national lockdowns imposed on many countries has presented global insurers with an unexpected opportunity to gauge consumer appetite for a range of digital processes. Early experiences suggest that consumers are further along the digital acceptance curve than insurers imagined. Some good news for South Africa’s financial advisers and insurance brokers is that human interaction remains an integral component of technology-backed distribution methodologies. We are fast migrating to an environment where human touch serves as a differentiator that overlays the wholesale process automation enabled by digitalisation.

The importance of income protection in uncertain times

29 May 2020

If illness or injury stopped you from working for an extended period, would you be able to survive on savings or sick leave alone? Without your income, would you be able to pay everyday expenses like your bond, rent, groceries or school fees, and take care of your family and financial commitments?

Life Annuity Sales Soar Amid Lockdown Losses

20 May 2020

Amid the market instability brought on by COVID-19, retirement income specialist Just has reported record demand for life annuity solutions from South African pensioners looking to lock in an income for life.

quick poll

Question

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

Answer

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

View the Results