Explore the Category
The purpose of this article is to outline RGA’s overall philosophy regarding critical illness (CI) products, how we approach individual conditions in a CI product, and why prophylactic mastectomies are not part of RGA’s standard CI definition repertoire.
Although the local economy was largely shielded by the worst effects of the 2009 global financial crisis, the local market is far from immune to its global knock on effects which are effecting a new generation of South Africans, those who were children during the crisis.
In spite of increased awareness among advisers of the dangerous shortfall in Income Protection cover in South Africa, there has not yet been the required significant change in policy sales patterns.
An online search for the dictionary definition of income and assets delivers pretty consistent and concise results: Income: (noun) Money received regularly in return for work, capital or land; Asset: (noun) An item that has value and is owned by an individual or entity.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?