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What gap cover doesn’t cover

With many hospitals and specialists charging multiple times the stipulated medical aid rates, gap cover has emerged as a way to protect consumers against significant medical expense shortfalls, with reasonable premiums of up to a few hundred rand per month for the more comprehensive offerings. (more…)

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Take adequate steps to protect property during load shedding

Short-term insurer Santam, says South Africans need to mitigate the damages caused by load shedding by being prepared prior to power going off. Eskom has announced that rotational load shedding will be on-going for the next ten days due to the power grid needing to stabilise following strike action. In light of this, Santam has identified […]

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Why you can’t afford to be uninsured

There are an estimated 11-million registered cars on South African roads and according to the Automobile Association (AA), between 60 and 70% of them are uninsured. This is an alarming statistic considering the number of accidents, hijackings and thefts that take place daily, placing these motorists at exceptional financial risk. (more…)

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Risk cover doesn’t have to break the bank

There’s no disputing that good health and the ability to earn an income are two of your most valuable assets. Without the two, we cannot acquire the tangible assets we hope to, like cars, houses and future wealth. This is why it’s important to financially protect your health and income. The peace of mind that […]

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Mandy Barrett

Motor insurance tips – how to avoid common pitfalls

There’s nothing quite like a new car to fluff out your tail feathers and put a spring in your step. As exciting as it is, your shiny new car also represents a significant financial responsibility. Insurance may feel like the last thing you want to focus on when you’re chomping at the bit to get […]

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Steffen Siljeur

Allianz appoints Steffen Siljeur as Head of Marine

Allianz Global Corporate & Specialty (AGCS)Africa appointed Steffen Siljeur as Head of Marine, effective June 2, 2018. He will develop, grow and manage the Marine business in Africa reporting to Thusang Mahlangu, AGCS Africa CEO, and Simon Buxton, AGCS Head of Marine and Energy. Steffen, who will be based in Cape Town, has 24 years’ […]

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Nkazi Sokhulu

What credit life insurance covers, why you need it and what you should be paying

Despite the fact that credit life insurance provides invaluable protection to the policy holder in the event of them not being able to service their loan repayments due to death, disability or retrenchment, most people are unaware of even having this cover, how much they are paying each month, what the benefits are, or even […]

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Regard Budler, Managing Executive at Momentum Corporate Client Solutions

Changing the shape of group disability insurance

Group disability insurance in South Africa is highly commoditised. When purchasing group disability insurance, decisions are largely driven by price in many cases. While premiums for this highly-valued employee benefit have increased over the last two years, in order to unlock the real value of group disability benefits, employers and their financial advisers need to […]

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