Life Insurance

Importance of beneficiary nominations on Unapproved Group Life and Funeral policies

It is well known that in the case of individual life policies, an insurer may pay the proceeds of a life policy to the deceased estate or alternatively to beneficiaries, nominated by the deceased prior to death.

Third wave COVID-19 death claims rate for insured population almost four times higher the expected death rate

South Africa’s largest life insurers received 22 544 death claims against fully underwritten life policies* in the 19 months between the start of the COVID-19 pandemic in March last year and the end of September 2021.

Give your children a gift of real value this Christmas

Christmas celebrations around the world are once again set to look different than in pre-Covid-19 times. In South Africa, a fourth wave of COVID-19 infections is being driven by the Omicron variant, which is raising concern. Whether it’s an intimate family lunch, a day of games and activities, or simply gathering around to open gifts, families across the country are pondering how to celebrate this significant day safely.

Innovative new savings product helps employees avoid ‘Januworry’