My mother recently mentioned that she was paying R300 a month for an extended warranty on her car. On paper, this sounds like sensible protection – until you examine the fine print. Her policy came with strict per-component sub-limits, which meant...
A telesales agent bypasses your spam call blocker and entices you to switch your short-term insurance cover to another insurer by promising a lower monthly premium. Because money is tight and you have a growing mountain of debt to whittle down, you...
Claims data does show that women drivers have more small motoring mishaps, but they’re less likely to have serious accidents. Women drivers have been the subject of jokes and stereotypes for decades. You know the ones. The shopping trolley that...
Sherry Sibeko, Executive Head for Personal Lines at Miway Insurance, lays out the questions that every South African should ask before taking out an insurance policy. Having a clear grasp of your insurance policy is essential to making informed...
Why is it that two South Africans can insure the same make and model of car and still end up paying very different monthly premiums – sometimes by hundreds of rands? The reason is that insurers don’t only quote based on the vehicle itself. They...
In this episode of the My Money, My Lifestyle podcast, I facilitated a spirited debate between financial planners Henri le Grange and Ben Nel about the complexities of choosing the right insurance cover. What I learnt from the discussion is that...
In our latest Money Bootcamp episode, myself and co-host Mapalo Makhu are joined by Nonhlanhla Bakasa, founder of AdoWord Multimedia, to discuss the reality of living with a disability. Nonhlanhla has been a "wheelchair rider" since the age of 12...
“Know your ombud” episode 5 In the latest episode of our Know Your Ombud series, I am joined by Edite Teixeira-Mckinon, the lead ombud for non-life insurance at the National Financial Ombud. Have you ever felt overwhelmed or confused by one of your...
For most of us, long-term insurance is one of our biggest assets, yet we spend very little time understanding it. Am I over-insured? Does my company provide life insurance and how does that work? What is my premium pattern? Am I going to be able...
In the ever-evolving landscape of life insurance, Discovery Life uses a shared value insurance model to incentivise healthy living. In the latest episode of “Life Behind the Numbers”, a Discovery Life podcast series, I sit down with Gareth...
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 at Rainmaker...
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 health screenings...
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 against various...
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 well-established enterprises....
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. While not all...
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 when making a claim...
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 Money, My Lifestyle...
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 threat activator behind...
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. If you are...
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 who are financially...