Tag Archiveslong term insurance

Costy Healthcare

Understanding repudiated claims

Imagine a scenario where you invest in critical illness insurance to give yourself security if the worst happened. You submit your claim but it is rejected because it does not cover what you thought it did. This is a reality for many because they did not quite understand what their policy covered. (more…)

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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…)

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Getting quality risk cover for your diabetic client

Currently, around 382 million people live with diabetes worldwide, a further 316 million with impaired glucose tolerance are at high risk from the disease and by 2035, it is estimated that without concerted action to prevent diabetes, 592 million people will be living with this chronic disease. (International Diabetes Federation 2013 Atlas) South Africa has […]

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Suitable insurance for every stage of your life

Unexpected hardships can be very costly. “It is impossible to predict when an emergency may arise or what setbacks we may endure. However, it is possible to be better prepared for the financial consequences of these events by being properly insured during each stage of our lives,” says Peter Olyott, Managing Director of Indwe Risk […]

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BrightRock celebrates two years of needs-matched life insurance

A mere two years ago BrightRock entered the South African life insurance market. Since then, consumers, financial advisers and the industry as a whole have taken notice of – and responded to – its fresh approach. Since opening for new business in April 2012, BrightRock has written future premiums of R811 million in total, with […]

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A free kick start to your financial freedom

Liberty offers free life cover for a year through its innovative new campaign Getting married, having your first child, or buying your first home are probably three of the most exciting, life-changing moments one can experience. However, amid the excitement of planning a wedding, decorating a nursery or throwing a house-warming party, many people forget […]

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Prevention, detection and cover vital in conquering diabetes

Approximately 6.5-million South Africans are currently living with some form of diabetes. However, while the illness can be avoided or easily controlled, it is essential that those affected have the appropriate medical cover to ensure the disease is effectively managed, particularly with estimates that diabetes will be the seventh leading cause of death worldwide by […]

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Cancer a leading cause of insurance claims

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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