Tag Archiveslife insurance

Lee Bromfield

Don’t overlook insuring your partner’s parents

Couples in long-term committed relationships often find themselves having to support their spouses financially when one of their in-laws who doesn’t have adequate funeral insurance passes away. (more…)

Read full story
Bryan McLachlan1

Wearable computers reshape customer experience

Wearable computers are reshaping the customer experience in life insurance, enabling insurers to deliver more personalised products and incentives to consumers while helping their customers to lead healthier lives. That’s according to Bryan McLachlan, Managing Director of ABSA Instant Life, one of the first life insurers in South Africa to leverage wearable technology in its […]

Read full story
insurancepolicysmall

Save money by combining your funeral policies

Many consumers are not aware they are paying more than they should on funeral premiums by having more than one policy with different insurers. (more…)

Read full story
Lee Bromfield

Review your insurance policy before going on holiday

The last thing anyone wants to think about when planning to go on holiday or visiting family over the festive season is preparing for the unfortunate event of death, injury or disability resulting from road accidents. (more…)

Read full story
Lee-Bromfield_FNB-Life

Demand transparency when taking a life insurance policy

A life insurance policy is one of the common but important financial responsibilities that many South Africans have. (more…)

Read full story
Susan Gonnerman1

You’ve told your friends about your medical history, have you told your insurer?

Our friendships are among the most important relationships we have and many of us wouldn’t think twice about telling each other about our lifestyle and health challenges, often with great detail. What you may not know is that we need to share that same information and more with your life insurer, explains Susan Gonnermann, Head […]

Read full story
Lee-Bromfield_FNB-Life

Cost of living yet to deter consumers in need of funeral plans

The sharp rise in the cost of living is yet to deter consumers who are in need of funeral cover, even though the gloomy economic outlook might impact future demand, says Lee Bromfield, CEO of FNB Life, the administrative and insurance distribution arm of First National Bank. (more…)

Read full story
absa-logo

Absa Life receives regulatory approval to acquire direct life insurer Instant Life

Absa Life is pleased to announce that it has been granted the necessary regulatory approvals, including approval from the South African Reserve Bank, to acquire a controlling interest in the direct life insurer Instant Life. This includes meeting all other conditions customary for a transaction of this nature. (more…)

Read full story