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A goal a day can keep saving blues at bay

08 October 2019

According to Old Mutual’s 2019 Saving and Investment Monitor, South Africans are feeling the economic pinch more than ever. The 2019 statistics saw a decrease in savings for emergencies, with 38% of urban, working households only having enough money to last them a month or less should their primary source of income disappear.

‘We underwrite now so we can pay your claims later’

27 September 2019

Ask any life insurance customer what their biggest pain is, and they’ll probably tell you it’s the onboarding and application process. The endless forms. The medical tests. The waiting. Whether it be for income protection, critical illness or life cover, the process is often an arduous one. It’s a major reason why people put it off – sometimes until it’s too late.

FMI’s ‘Income First’ approach is challenging the life insurance sector

26 September 2019

Life insurer FMI (a division of Bidvest Life) is on a mission to change industry behaviour by shifting current industry norms from the traditional ‘lump sum’ approach, to one that champions income benefits first. With multiple advantages for both advisers and customers, it should be an easy choice for advisers to make.

Are you protected against diseases that strike at the hearts of families?

20 September 2019

One out of four South African women under the age of 60 suffers from a cardiovascular disease making it the leading cause of critical illness-related deaths in women. This can be supported by statistics indicating that heart diseases accounts for one-third of all deaths in women and strokes are linked to more female deaths than male deaths, worldwide.

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

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