Life Insurance

Claims, paybacks add R64.8 billion to SA economy over 13-years

South African insureds benefitted from R8.4 billion in death, disability, severe illness and income protection pay-outs in 2023 courtesy just one of the country’s major life insurer brands. The sheer size of Discovery Life’s 2023 claims experience illustrates the value of life insurance to an economy; absent life insurance, these shortfalls would have to be carried by government and / or the family and friends of affected policyholders.

The Role of Education Insurance for a thriving future SA

Access to quality education remains a challenge for many, particularly in the face of financial uncertainties. In this context, education insurance emerges as a powerful tool for securing the educational journey of our children and fostering a more inclusive and prosperous society; education is the cornerstone of progress, societal advancement and economic growth.

Discovery Life pays R10.5 billion to clients in 2023

FNB Insure pays R700 million in pre-emptive life insurance claims