Tag Archiveslong term insurance

Judge Ron McLaren, Ombudsman for Long-term Insurance

Not reducing premiums is unfair: Long-term insurance ombud

The Ombudsman for Long-Term Insurance, Judge Ron McLaren, has expressed concern about the unfair practice by some insurers who do not reduce the premium when the benefits are reduced. (more…)

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Treasury

Treasury welcomes comments on insurance draft regulations

The National Treasury (NT) has today published for comment draft amendments to the Regulations to be made by the Minister of Finance in terms of the Long- term Insurance (LTI) and Short-term Insurance (STI) Acts. (more…)

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Phillip Kassel

Touch base with a financial adviser before the holidays

The December holiday is the perfect time for families to spend some quality time together away from the hustle and bustle of everyday life. With the ‘silly’ season almost here, many South Africans are already planning their year-end break.   (more…)

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Derek-Ferreira1

Single mothers urged to combat financial vulnerability

Your health and personal wellbeing are arguably your most valuable assets – especially if you have loved ones who depend on you. According to the 2017 Old Mutual Savings & Investment Monitor, 50% of metropolitan working mothers consider themselves to be single mothers, and only 16% say that they receive regular financial support from the […]

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Samantha Jagdessi, Head of Benefits Consulting at Old Mutual Corporate Consultants.

Don’t be left underinsured on group risk benefits

After each job promotion at work, you increase your retirement contributions – and as your family grows, you remember to update your beneficiaries included in your death cover. But have you ever considered updating your disability cover to reflect your current lifestyle needs? This is a question posed by Samantha Jagdessi, Head of Benefits Consulting at Old Mutual […]

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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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Sonja Visser

How to choose the right funeral plan

One of SA’s registered insurers says that it is important that the industry does what it can to ensure that funeral plans are exactly what they should be – safe and reliable. (more…)

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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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