According to insurance claims statistics released by Altrisk for January 2011 to December 2011, cancer is the leading cause of all insurance claims across critical illness, income protection and life cover, followed by accidental causes and cardiovascular disease. The statistics illustrate: In terms of critical illness insurance claims, 78% of all claims paid were for [...]
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The risk to the professional of a workplace injury
Professionals such as doctors, veterinarians and engineers face a high risk of injury in their workplace every day. This is according to new statistics released by PPS, the financial services company focused on graduate professionals, which shows that 20% of PPS sickness claims are related to injuries. This is according to Dr Dominique Stott, Executive: [...]
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Breast cancer leading cause of cancer claims according to Altrisk
According to Altrisk, cancer is the leading cause of all insurance claims across critical illness, income protection and life cover for the period July 2010 to June 2011. In terms of critical illness cover, 62% of all claims paid by Altrisk were for cancer. Of these, breast cancer claims accounted for 45% of all cancer-related [...]
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Delays in state forensic labs delaying insurance payouts
A significant backlog at a number of the state’s forensic laboratories has meant that some consumers are being forced to wait for as long as two years before pathology results are finally made available. As a result, any insurance claim that remains dependent on such test results could potentially end up being considerably delayed. According [...]
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Liberty Lifestyle Protector enhancements
An individual’s ability to earn an income is their most valuable asset. Unfortunately, there are a vast number of events that can lead to the temporary or permanent loss of this ability to earn. And while typical income protection products offer individuals some security if they become unable to work due to disability, cover for [...]
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Momentum Big Heart run hands over R500 000
The Momentum Big Heart 750 run for a purpose, an epic 750km journey, in the middle of winter, in six days by eight ordinary, relatively unfit Momentum employees, has raised R500 000 for the Heart and Stroke Foundation SA (HSFSA). The gruelling run, from Centurion to Durban, helped to raise awareness of the [...]
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Daring to be different – Altrisk’s new product developments
Altrisk’s commitment to making life simple was once again demonstrated with the launch of four new benefits, a new commission structure for brokers and an innovative underwriting option during a countrywide roadshow during May and June. The theme of daring to be different is fitting for one of the youngest life players in the [...]
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Running 750km with and for heart
From 19–24 June 2011, eight middle-aged, relatively unfit Momentum employees will run a gruelling 750km from Centurion to Durban. The runners aim to raise awareness of heart disease and stroke, and much-needed funds for the Heart and Stroke Foundation of South Africa (HSFSA). The runners are inspired by the fact that in South Africa, [...]
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Bust the jargon with Asisa resource
If the terminology in your long-term life insurance policy contract has left you confused, help is at hand. The Association for Savings and Investment South Africa (ASISA) maintains a comprehensive jargon buster on its web site, designed to make definitions and explanations contained in life insurance contracts and marketing material easier to understand. Peter [...]
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Latest Issue - 31 January 2012
In This Issue:
- Prospects for 2012
- New Retirement Thinking?
- Reasons to be concerned about Europe
- Short-term insurance survey
Newsletters
Newsletter 16 February 2012: Investing in uncertain times
In today’s newsletter we share some strategies investors can follow when investing in uncertain times. Uncertain times require a focus on the basics By Nic Andrew, head, Nedgroup Investments Negative news headlines, enormously complex macro-economic issues, extreme market volatility and often contradictory comments from the experts… There are an almost overwhelming number of factors influencing [...]
