#InsuranceChat
@InsuranceChatZA
Finally, a platform to chat, listen to your needs & to get answers on all the questions you have about life insurance. PS. You will not be sold anything...
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Death claims stats released today show that more than 1 million policyholders died in the 12mths to 31 March this year, a tragic increase of 309 733 lives lost compared to the previous 12mths. Beneficiaries received death benefits of R47.58 billion. tinyurl.com/24wnvb2s
Policyholders & beneficiaries received claims & benefit payments worth R315.4bn in the first half of 2021. Nevertheless the life industry remains in robust financial health & well capitalised to honour the long-term contractual promises made to customers. asisa.org.za/media-releases/
How the first, second and third coronavirus waves impacted the insurance industry @miwaylife bit.ly/3BSl1TL
"We expect by the end of the third wave, that the SA life insurance industry will end up paying more than R25bn in excess claims," says Stephen van Niekerk, 2020 @Momentum_za Claims Statistics presentation. @FAnews_Online
Being vaccinated against COVID-19 is now a consideration in determining life insurance premiums and benefits for new clients, says Discovery Life, calling it a ‘first-of-its-kind’ underwriting determinant in the SA life insurance market. Effective from today.
A father’s renewed bid to share in the R15 million left behind by his late son whom he had not seen since the child was six months old has been turned down by the Gauteng High Court, Pretoria. @pretorianews iol.co.za/pretoria-news/…
#OPINION: If a parent dies without a will, it can create numerous challenges, writes Moremadi Mabule, Head of Wills at Sanlam. @persfinza iol.co.za/personal-finan…
iol.co.za
5 things you need to know when choosing a guardian for your child
One of the most important jobs we have as parents is making sure our children are well cared for and protected. But how do we ensure this continues long after we are gone?
“The possibility of the next wave remains a reality and it is up to our own behaviour that will help us avoid a surge of the nature that we have recently seen.” #thirdwave ayr.app/l/1bph
Policyholders & beneficiaries received payments of R522.7 bn from SA life insurers in 2020. This is an increase of R31.7 billion from the R491 billion injected into the economy in 2019 through payments made by life insurers. tinyurl.com/ybj8da9e
2021 will see the insurance industry seeing massive growth as new technologies transform the traditional operations within the industry. Anton Keet from @1life_insurance, highlights what the industry will be seen driving in 2021. Read full article: zcu.io/Qu6w
My mom: “We’ve got a funeral later, but one of those stirred ones. Steamed? Ah, what’s that word again?” Me: “Streamed!” Her: 😂
While aiming to live life to the fullest, make sure to have financial safety nets in place to protect you from the blows that life delivers. Invest in peace of mind knowing that even when you have passed your loved ones will be taken care of because you invested in #lifeinsurance
“The price of anything is the amount of life you exchange for it." - H.D. Thoreau
Features to look out for when applying for #LifeInsurance - what does it cover? - premiums - loading & exclusions - ease of claims process - is the insurer reputable
The Constitutional Court has questioned whether it would not be overreaching its powers if it declared Section 1 of the Maintenance Act unconstitutional sabcnews.com/sabcnews/conco… #SABCNews
Other requirements that are needed to make a will valid are: - competency - dated - signed Find out more : justice.gov.za/master/wills.h…
#TueasdayTip #Wills While it is possible to draft your own will, it is important to make sure that it complies with the Wills Act 7 of 1953. You can find it here: gov.za/documents/will…
Remember: If you are taking out life cover for your partner, for instance, your wife, she is the ‘life assured.' There has to be a sound reason for covering the life assured, so you have to demonstrate that should the life assured pass away, you would suffer financial losses.
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