Life insurers pay out R298bn as policy lapses remain a concern
ASISA advises consumers to take a holistic view of their finances and avoid hasty decisions that could leave them unprotected.
ASISA advises consumers to take a holistic view of their finances and avoid hasty decisions that could leave them unprotected.
The High Court overturns a Regional Court’s decision that allowed a policyholder to cancel her five-year endowment policy early.
King Price came out top in DataEQ’s latest Insurance Sentiment Index, which analyses what consumers are saying about their insurers.
The bank promises a quick and easy application process and no 30-page documents containing complex jargon.
Lapses and surrenders fell slightly in 2023, while consumers purchased more risk and savings policies than they did in 2022.
Microinsurers are no longer restricted to imposing a waiting period of three months for a death, disability, or health event resulting from natural causes.