A lack of proper financial planning has been cited as one of the key reasons for the massive underinsurance problem facing South Africans. According to a new study conducted on behalf of the Association for Savings and Investment South Africa (ASISA), South Africa’s 12.4-million income earners between the ages of 16 and 65 are underinsured [...]
Tag Archives | disability cover
Graduate professionals underinsured for death and disability
High income earners, including graduate professionals are often deemed to be more financially astute than the rest of the population when it comes to financial matters. However, research released by the Association for Savings and Investments of South Africa (ASISA) last week suggests that this group is severely underinsured when it comes to life and [...]
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The gap is R18trillion
The second study into the gap in insurance cover in South Africa was released today in Johannesburg (17 November 2010). The study was conducted on behalf of Asisa (Association of Savings and Investment SA) by True South Actuaries and Consultants, co-authored by the Bureau of Market Research at Unisa. The first study showed a gap [...]
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Lump sum or income benefits – what’s right for the client?
While lump sum benefits are popular, the best protection against a potential income loss is an income replacement product. This is because these products provide cover for both temporary and permanent income losses and take inflation into account. That’s the view of Craig Harding, managing director of specialist long-term risk cover provider Altrisk, who believes [...]
Flexible product offerings and sound advice are vital in meeting income protection needs
While research has shown that there is a significant disability cover gap in the South African market, clients who apply for income protection products should ensure that the cover they purchase match their financial needs. This is the view of Ryan Chegwidden, actuary at specialist long-term risk cover provider Altrisk, who says that flexible product [...]
Disabled and disappointed
Better education and disclosure during the application process would reduce dissatisfaction with disability benefit pay outs. The key is to be certain that clients understand what they are buying and select policies that match their needs. In addition, the importance of providing accurate information, particularly in relation to occupation and current cover in force, cannot [...]
Tax Guide 2012
Latest Issue - 30 April 2012
In This Issue:
- Local and offshore ETFs
- Why stock selection is key
- Medical Survey - the cost of healthcare
- New player in life insurance market
Newsletters
Newsletter 17 May 2012: Lump sum versus debit order, 3 essentials for a confident investor
In today’s newsletter we look at investing with a lump sum or regular contributions – how do they stack up against each other? We also share three investment tips to cope with uncertainty. Being right about muddle-through hasn’t made investing any easier Most predicted that politically and often economically the year 2012 would be a [...]
