Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
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SAIA says the term ‘write-off’ can have various interpretations, and each insurer uses its own criteria to determine whether a vehicle is uneconomical to repair.
Earlier this month the whole of South Africa was impacted by load shedding. South Africans were scrambling to keep up to date with load shedding phases and schedules to ensure they have gas, […]
Earlier this month the whole of South Africa was impacted by load shedding. South Africans were scrambling to keep up to date with load shedding phases and schedules to ensure they have gas, […]
A noteworthy comment from the SAIA September newsletter: The Short-term Ombud indicated that Insurers’ policy wording and claims philosophies are not updated and aligned to changes in technology and criminal behaviour. For example, […]
The SAIA published a list of standardised terminology on the SAIA website. The terms were identified by the SAIA Treating Customers Fairly workgroup on Standardised Terminology. The aim of the list is to […]
In reaction to recent downgrades by rating agencies, the South African Insurance Association, the representative body for the short-term insurance industry expressed its grave concern about the immediate and long-term negative implications for […]
The negative implications contained in the demarcation proposals on health cover products was clearly outlined in an article by Adri van Zyl in Die Burger on 6 August 2014 titled Versekeraars is op hol. The […]
