B2B Central

Life insurance

05 May 2022

South Africans creating offshore wealth by switching SA life policies to dollar

By Staff Writer

Given the increasing volatility of emerging market currencies and the increased number of South Africans choosing to emigrate, the need for cover in stable currencies and a comprehensively-structured life policy has never been more critical.
29 Apr 2022

Why do life insurance companies care about birthdays?

By Staff Writer

The risk of you getting ill, developing a chronic or life-threatening condition or dying increases with each birthday and the cost of your life cover will reflect this.
15 Mar 2022

BrightRock announces strong growth in 2021, despite challenging time for the life insurance industry

By Staff Writer

Needs-matched life insurer BrightRock announces growth in 2021, despite a challenging time for the life insurance industry.
25 Feb 2022

How your life insurance policy and savings plan work hand in hand

By Staff Writer

BrightRock shares insights on how a life insurance policy and savings plan work hand in hand.
17 Feb 2022

Importance of beneficiary nominations on Unapproved Group Life and Funeral policies

By Staff Writer

Fund members need to ensure that they have nominated beneficiaries on their unapproved group life and funeral policies.
02 Feb 2022

Unvaccinated new customers will pay more for cover, says FMI

By Staff Writer

The move only applies to new policy applications from 1 January, and policyholders with existing cover will not be affected.
19 Jan 2022

Benefits of buying life insurance in your 20s

By Staff Writer

Most young adults enjoy better health which will equate to lower monthly premiums with no exclusions.
28 Oct 2021

The use of endowments in financial planning

By Staff Writer

An endowment is a life insurance product that is usually used as an investment vehicle in financial planning because of its potential tax and estate planning benefits. While it seems that endowments tend to be used less frequently these days in favour of other available investment wrapper types, they remain an important part of a financial adviser’s tool kit when doing investment planning.
25 Oct 2021

If you lose your income, can you keep paying the bills?

By Staff Writer

It’s estimated that more than six out of 10 (62%) of South Africans will run out of money within three months if they lose their income due to injury or illness[1]. How long would you last without an income? What would be your next move? What payments would you cancel first?
22 Oct 2021

Group life cover key in safeguarding employee financial security

By Staff Writer

Life cover provides financial protection to employees and their families. Its importance cannot be overemphasised in guaranteeing security for loved ones in the unfortunate event of death. Covid-19 has shown us just how possible loss of life is and can affect anyone at any time.
20 Oct 2021

How to fast track your claims process

By Staff Writer

The outbreak of the Covid-19 pandemic has shone a spotlight on the need for consumers to familiarise themselves with their insurance cover and what they need to comply with in order to lodge a successful insurance claim, says Kabelo Gude, Chief Operations Officer at Hollard’s Life Solutions division.
15 Oct 2021

SA insurance industry almost ‘out of the woods’

By Staff Writer

KPMG South Africa this week launched its annual South African Insurance Industry Survey for 2021. Forty non-life insurers, twenty-one life insurers and seven reinsurers were surveyed. The results indicate that the South African insurance industry has been invaluable to the economy, serving as a shock absorber and allowing many businesses to recover.