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Beware of the funeral cover scammers

Many people in South Africa are looking to get rich and the biggest scheme is targeting people who have life insurance payouts. ....

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Syndicates in South Africa are taking out insurance policies on their victims – then killing them

Syndicates in South Africa are taking out insurance policies on their victims – then killing them
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Insurance fraud of R787m, killers make funeral and death claims on victims

Life insurers detected 4 287 dishonest claims worth R787m in 2021 as opportunists tried to get rich quick using fraud. ....

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SA syndicates take out policies for people and then kill them, insurers find

Life insurers' fraud investigations have found that syndicates, particularly in the Eastern Cape, take out funeral insurance on victims they subsequently kill in order to submit a claim. ....

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STANLIB's Your Money Can Do More podcast

STANLIB's Your Money Can Do More podcast
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