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Funeral cover trumps the rest in tough times

Demand for funeral policies remain strong, even as consumers cut other expenses to cope with a cost-of-living crisis, says Sanlam.

South africaWorld warSunday timesAbigail mukhubaHeinie werthKwazulu natalSanlam emerging marketsFuneral policiesReaking newsSunday timesHe timesUsiness timesShisa live

Funeral policies are leading cause of complaints to insurance ombud

More than R1bn. That’s the amount of money which the two insurance ombud offices - long-term and short-term - awarded to consumers whose complaints were heard by their adjudicators in the three years from 2020 to 2022.

Iron mclarenOmbudsman for banking servicesLiberty groupFinancial services ombuds schemeJudge ron mclarenBanking servicesLong term insuranceSantam structured lifeJudge mclarenCredit ombudSantam structured life limitedLong termLiberty group limitedConsumer knowler co zaSunday timesWendy knowler

Businessman bust for selling R2 3m in funeral policies without required documentation

A Cape Town businessman who collected R2.3m for unauthorised funeral policies will spend the next three years under correctional supervision.

Western capeSouth africaMushavhaduvha ramovhaZwelonke burial serviceIntermediary serviceFinancial advisoryIntermediary service actBrig mushavhaduvha ramovhaMlondolozi masetiFuneral policiesBusinessman bustR2 3mCape townLt colPhilani nkwalaseமேற்கு கேப்

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