Tag Archiveslife insurance

Lee Bromfield

Avoid overspending on funerals

Consumers who do not plan ahead for funerals could find themselves overspending in a last minute effort to give their loved ones a dignified send off. (more…)

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Life Insurance

Policyholders and beneficiaries receive R458 billion in benefit payments from life insurers

Despite facing strong economic headwinds, South African life insurers honoured claims by policyholders and beneficiaries worth R458 billion in the year ended 30 June 2017. This represents a 9% increase in benefits paid when compared to the previous 12-month period. At the same time life insurers managed to grow assets by 2% to R2.7 trillion. […]

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Lee Bromfield

You’re never too young to get life insurance

If you are employed and have people who rely on you financially having life cover is essential regardless of your age. (more…)

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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…)

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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 […]

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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…)

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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…)

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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…)

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