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Most customers do not realise the importance of providing all required information to insurers at the onset of signing up for cover. What they don’t realise is that dishonesty and fraud result in significant costs to the industry which will ultimately be borne by other customers through higher premiums.
As moms all over South Africa are showered with love and appreciation for their care and nurturing, it is worth noting that there is one area that many of them are guilty of neglecting: their own long-term financial security.
If you are planning an overseas trip at the end of the year, save in a foreign currency and secure the current exchange rate.
The role of life insurance can never be understated. However, its value is only ever appreciated when one looks at the claims statistics presented by life insurers.
What can retirement funds do to improve client-adviser engagement during members’ employment years?