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How to alleviate the financial pressure of education co...

As times get tougher, parents are re-evaluating education choices, with the Old Mutual Savings & Investment Monitor 2022 reflecting that 9% of respondents had chosen to move their children to less expensive schools in the past year. ....

Saleem Sonday , Allan Gray , Kresantha Pillay , National Treasury , Business Insider , Daily Maverick , Old Mutual , Post Office ,

Insurers expect to see more cancer claims after Covid-19 delayed checks

The insurance industry could see a larger number of cancer claims over the next year as people become more comfortable visiting medical facilities again for their delayed checks and receive their diagnosis. ....

South Africa , Dominique Stott , Kresantha Pillay , Liberty Group , Cancer Alliance , Lifestyle Protector , Covid 19 , Long Term Insurance ,

Covid-19 impact revealed in life companies' claims figures


Covid-19 impact revealed in life companies’ claims figures
Words on Wealth:
Life insurance claims statistics for 2020 released this week by Liberty and Old Mutual reveal how Covid-19 has disrupted normal business between life insurers and consumers, directly and indirectly. Old Mutual paid out 22% more on claims for its underwritten risk products (way above its average 9% year-on-year increase), with a rise in claims related to respiratory illness and a rise in retrenchment claims. And although the increase in payouts on Liberty’s risk products (of 7.94%) was broadly in line with its average annual increase, the company saw a significant rise in its mortality and retrenchment figures. ....

South Africa , Eastern Cape , John Kotze , Ingrid Williamson , Kresantha Pillay , Iron Mclaren , Old Mutual , Western Cape , Lifestyle Protector , Insurance Ombudsman , Employer Relief Scheme , Judge Ron Mclaren , Treating Customers Fairly , Covid 19 , கிழக்கு கேப் , ஜான் கோட்ஸே , ரோன் மக்லேரந் , பழையது பரஸ்பர , மேற்கு கேப் , வாழ்க்கை ப்ரொடெக்டர் , காப்பீடு ஆஂபட்‌ஸ்மந் , முதலாளி துயர் நீக்கம் திட்டம் , நீதிபதி ரோன் மக்லேரந் , சிகிச்சை வாடிக்கையாளர்கள் மிகவும் ,