Life Insurance / General

Age of majority – a real problem for beneficiary funds

A key player in the beneficiary fund industry has called on government to reverse the age of majority from 18 back to 21 as an exemption for this fast-growing financial services sector. The age of majority was changed to 18 by the Children’s Act of 2007.

SA’s shocking accident stats highlight need for accident cover

With an average 11 000 road accidents every year on our roads causing death, disability and serious injury – and leaving countless families without breadwinners – it is critical that South Africans are financially prepared for this significant risk we all face. In terms of ensuring clients are well covered for accidents, there are two options: full risk cover, which includes accidents as one of the many risks covered, and stand-alone accident cover.

Is your trust deed valid?

10 reasons why your will may be out of date

According to the Supreme Court of Appeal in Raubenheimer v Raubenheimer, your will is the most important document you will ever sign.