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Is travel insurance necessary for local trips?

Is travel insurance necessary for local trips?

4 January 2021

Although travel insurance is often included when you purchase flight tickets with your credit card, experts will still advise you to take out additional travel insurance for big trips. However, is this necessary when you’re travelling locally?

This is why you should ask your medical scheme for an annual claims statement

This is why you should ask your medical scheme for an annual claims statement

2 December 2020

Even with a strict budget, a lot can happen in a year and you may lose track of your medical expenses, especially the costs that you cover out-of-pocket. It’s important to regularly assess your medical aid or hospital plan contribution.

Is income protection available to everyone?

Is income protection available to everyone?

24 November 2020

If you’re involved in an accident and you’re unable to continue working, how will you ensure that your bills are paid? One way to prepare for this is to take out income protection cover. However, can you do this if you’re a ...

How will your personal information be protected by your insurers?

How will your personal information be protected by your insurers?

22 November 2020

POPI forces industries to reconsider how they handle client’s personal details. This is particularly good news for sensitive products, such as insurance.  We find out what POPI is all about, and we see how your information will be protected.

Who should be the main member of your medical aid scheme?

Who should be the main member of your medical aid scheme?

25 October 2020

Medical aid plans are designed to accommodate families. But if you have two adults on the same medical aid plan, how can you decide who should be the main member?

The impact of mental health on life cover premiums

The impact of mental health on life cover premiums

4 October 2020

When taking out life cover, your insurer will consider a range of factors when calculating your premium, including your health. But where does mental health stand in this regard?

You may be paying for credit life cover – and you’re entitled to use it

You may be paying for credit life cover – and you’re entitled to use it

24 September 2020

When you signed your credit agreement, you may have also signed up for credit life cover. Since this forms part of the credit agreement itself, many people are unaware that they have this insurance.

How to negotiate lower insurance premiums

How to negotiate lower insurance premiums

9 September 2020

Paying monthly insurance premiums can feel like a grudge purchase because you don’t see the benefits unless you find yourself in a sticky situation. But would it seem less so if you could pay lower premiums?

Older people pay more for car insurance and other myths busted

Older people pay more for car insurance and other myths busted

28 July 2020

When it comes to vehicle insurance there are nearly as many myths flying around as there are uninsured vehicles. The bottom line is that an insured vehicle is a safe vehicle that can save you a lot of money in the case of an accident. Yet, the m...

COVID: Will life cover pay out if you die from Covid-19?

8 July 2020

With the global pandemic continuing to raise havoc and the rising infection rate in South Africa, you may have wondered what this could mean for your insurance products, such as your life cover. Will your insurer pay out if you pass away from co...

What’s the deal with underwriting?

What’s the deal with underwriting?

7 July 2020

When you apply for a long-term insurance policy, a financial adviser will ask some personal questions about your lifestyle, family history, health, and even ask you to take some medical tests. This process is called underwriting, but is it reall...

COVID: What if you can’t afford your insurance premiums?

1 July 2020

Since entering the lockdown, many South Africans have struggled to meet their financial obligations. In some cases, they’ve had trouble meeting their insurance premiums. Will your insurance provider reduce your premiums during this time?

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