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The value of life insurance and the role that financial advisers and planners play in ensuring South Africans are appropriately insured against death, disability and critical illness events is in the spotlight again, courtesy of the 2025 Claims Statistics from Momentum Life. For 2025, the insurer paid claims totalling R6.88 billion across its retail life business, with R5.92 billion paid by the Myriad product range.
Liberty paid out R12.63 billion in claims to tens of thousands of clients and their families during the year, providing critical support when it mattered most.
Many South Africans are one unexpected event away from financial distress.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?