My biggest debit order after my mortgage, is for life cover. It’s a crucial part of my financial plan. In this sixth episode of the Santam Insure your Future Money Bootcamp, I’m joined by Mapalo Makhu and Johann Steyn, a certified financial planner...
In the latest episode of “Life Behind the Numbers”, a Discovery Life podcast series, I am joined by Discovery Life Deputy Chief Executive Gareth Friedlander and Chief Medical Officer Dr Maritha van der Walt, to discuss the significant impact that...
Welcome to "Life Behind the Numbers," a Discovery Life podcast series. Together with experts from Discovery Life, I delve into the latest trends from Discovery Life’s claims research, highlighting the need for both physical and financial protection...
Many businesses make common mistakes when it comes to taking out and then managing their business insurance policies. In the dynamic world of business, unexpected events can strike at any moment, threatening the stability of even the most...
Life cover fraud has been in the spotlight following the harrowing case of former policewoman Rosemary Ndlovu, who was sentenced to life in prison for orchestrating the murders of six family members between 2012 and 2018 to reap insurance payouts....
When last did you read your short-term insurance contract? This year I was surprised to discover that the excess on both my car and building insurance had increased. While the premiums had not gone up significantly, the portion I would have to pay...
Have you ever taken a close look at your short-term insurance policy? Do you know exactly what your insurance excess is? Not too many people do, but if you study your policy wording, it can be quite the eye-opener. In the latest episode of the My...
Email interception fraud takes place when criminals gain unauthorised access (via stolen usernames and passwords) to your private or business email accounts, allowing them to impersonate you or the business. “Email interception fraud allows the...
Is it better to use life cover or an education protection plan to ensure that your child’s education is provided for in the event of your death? Every September, which is “Wills Month”, there is a focus on estate planning and drawing up your will....
Ensuring that your life cover includes an immediate payment benefit is the key to getting a partial payout in only 48 hours. One of the main reasons for taking out life cover is to provide for your dependants after your death. If you have family...
When it comes to my investments and life insurance, I often do thought experiments. I ask myself the question: “What would happen if…”. Asking these questions is important to help you understand whether you have a financial plan that meets your needs. For example,...
Are you confused about what your insurance covers when it comes to appliance damage due to loadshedding? Is loadshedding insurance part of your policy? In this article we debunk misconceptions and shed light on vital policy details to help you navigate the intricacies...
Liberty's claim statistics for 2022 indicate an increase in cancer claims as well as claims related to mental health issues. The statistics reveal concerning trends about South Africans’ health, as well as their state of mind. While death claims have fallen...
When you have people who depend on you financially, life cover becomes a crucial part of your overall financial plan. But thinking about these issues at a young age can be a little overwhelming, and it's difficult to figure out the right level of cover. A reader,...
It’s always a good idea to shop around for the best-value car insurance, but it’s important that you understand what you are paying for. One of the big differences in the cost of the premium is whether you are insured at retail value, market value, or a third,...
It’s something that happens to most of us at some point in our driving career: getting stranded at the side of a road with a broken-down vehicle. But do you know the right procedures to follow if your car needs to be towed? Whether it’s due to an accident or...
The type of vehicle you buy not only affects the likelihood of you being a victim of crime, but also the amount you pay in insurance, so think twice before buying a high-risk car. The Crime Statistics report released in October this year found that the VW Polo...
If you are a generally healthy person, one of the ways to reduce the cost of life cover is to ensure that your policy is underwritten. You will know if your policy is underwritten if you were required to answer lengthy questions about your health and lifestyle and had...
Dying is an expensive business, and not only because of the cost of the funeral. There are multiple death taxes and fees that need to be paid when someone dies. If you don't plan for these, they will reduce the value of the legacy you were expecting to leave your...
Ernest North, co-founder of fully digital platform Naked Insurance, takes us through the steps to follow if you've caused a minor car accident. Few of us will get through a lifetime of driving without causing a minor car accident or two - whether that's...