Common reasons life insurers reject death benefit claims
Life insurers paid almost 96% of death and funeral benefit claims last year – with the total payout worth R39.9 billion.
Life insurers paid almost 96% of death and funeral benefit claims last year – with the total payout worth R39.9 billion.
The group’s after-tax profit from its insurance business increased by 12%, with its funeral plans now covering more than 12 million lives.