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Covid-19 job cuts hit SA women hardest, new claim stats from Old Mutual confirm

22 June 2021 | General

Of the three million jobs lost in early lockdown – between February and April 2020 – two-thirds (2 million) were held by women. Now, over a year into the pandemic, the recently released Old Mutual Claim Statistics Report reveals that 58% of 2020 retrenchment cover claims were paid out to women, confirming that the economic impact of Covid-19 hit working women harder than it did working men.

Income protection policies: here’s what you need to know

21 June 2021 | General

Income protection plays a critical role in maintaining the financial wellbeing of your loved ones if illness or injury prevents you from working. Problem is, many South Africans don’t fully understand how their policies work, because they don’t read their policy documents.

Myth: you only need life insurance when you are older

21 June 2021 | General

When you are in your 20s and starting out in life, you can be forgiven for thinking about getting your career started, buying a car and enjoying your independence rather than buying life insurance.

Saving in YOUR language with #waystosave this July Savings Month

18 June 2021 | General

The South African Savings Institute (SASI), with support from Absa and the IDC, will again focus on financial education throughout July Savings Month, bringing together financial experts to provide tangible insights on savings through the #waystosave financial literacy education initiative.

quick poll

Question

Do you think short-term insurance broking will survive the AI plus humanoid robotics age?

Answer

Human first always Not a chance Possibly maybe Yes, but reimagined

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