Life Insurance

Male Cancer Claims On The Rise

With November marking Men’s Health Awareness Month, it serves as a timely reminder to drive more conversations about the increasing prevalence of male cancers in South Africa, a trend supported by the findings of Old Mutual’s latest claim statistics.

Fighting the rise of Prostate Cancer in South Africa

Understanding the terms and conditions of your funeral policy makes claiming easier

For many South Africans, celebrating the life of a loved one means providing a fitting send-off in the form of a dignified funeral. To make provisions for this, millions of people take out funeral policies to cover their immediate and extended families.

Insurers grapple with evolving pandemic risk

Insurers are having a tough time modelling pandemic risk as they grapple with countless variables that could influence eventual claims outcomes. “The novelty, unpredictability and severity of this pandemic, as well as its progression through multiple waves and variants, make it extremely difficult to accurately model how the pandemic will progress,” noted Discovery Group Risk, during a presentation on its 2021 claims experience. The sharp rise in claims proves that mortality and morbidity risks are significantly increased by Covid-19 infections, and flags certain demographic, health and lifestyle factors for contributing to the severity of the disease.