Life Insurance

Barriers limiting life insurance uptake in South Africa

Many South Africans are vulnerable to the negative consequences of adverse life-changing events as they do not have life insurance.

How financial security can be managed in divorce

Life Insurance innovation eases the financial burden of rising interest rates and soaring living costs in South Africa

As South Africa grapples with the looming interest rate hike and a relentless cost of living crisis, many individuals are left searching for financial relief.

Total death, disability, illness claims 30% lower

One of South Africa’s largest life insurers has confirmed a marked improvement in its claims pay-out statistic for 2022, with a 31% decrease in the value of claims paid. Liberty made claims pay-outs totalling ZAR6.98 billion to around 31 808 individuals and their beneficiaries in the year, or 31% less than in 2021 when the COVID-19 pandemic was still in play.