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Breast cancer is the most common cancer to be diagnosed among women in South Africa and while it is most often diagnosed in women over 40, Liberty's claim statistics for 2022 showed a noticeable increase in diagnoses in younger women.
We live in a world where borders have become grey lines separating continents with the mere click of a button. Considering the implications of distribution of your assets at your death, not only from a local point of view, but also from an offshore point of view, can be considered a complex scenario of planning opportunities.
Financial advisers and planners who advise clients on complex death, disability, severe illness and income protection policies must make sure that these products perform ‘as expected’ when a life altering event takes place. This requires an intimate knowledge of how a product performs in addition to doing the math on adequate sums insured and the affordability of monthly premium.
Life insurer Bidvest Life says that speed makes all the difference when it comes to paying claims.
What can retirement funds do to improve client-adviser engagement during members’ employment years?