Life Insurance

Wealthy families support the fight against COVID-19

New research from international family office Stonehage Fleming has revealed that the COVID-19 pandemic is leading to a significant shift in the key priorities of many wealthy families.

Life insurers perform admirably through pandemic

South Africa’s life insurance industry, which manages in the region of R3.1 trillion in assets, performed admirably through the first wave of the coronavirus pandemic. Large insurers not only settled the usual death, disability, dread disease and income protection claims; but also set aside more than R1 billion for around 458 000 policyholders who required premium relief assistance between March and July 2020.

How to build a lasting legacy this World Financial Planning Day

How to carry out your wishes in a Will

Many people still don’t see the value of having a valid Will. However, the COVID-19 pandemic has encouraged people to pay more attention to their estate and assets. According to FNB, over the course of lockdown there has been an increase in the number of people who are taking interest in drafting or updating their Will.