In a recent media article, Product Development Actuary for Sanlam Individual Life, Karen Bongers shares a checklist of insurance must-haves that will definitely come in handy before you lock up and set off on that mid-year getaway with your family. This can be used as a good conversation starter with your customer and a good checklist for his or her insurance cover needs.
According to Bongers, and we are all aware of it, South Africa’s motorways are globally renowned for being amongst the world’s most dangerous, and holiday seasons present particularly high risks as we rush to get to our destinations. She reminds everyone that you need to be realistic about life’s ups and downs even before the holidays: “It’s not something we like to talk about, but given the realities, adequate death and disability cover are practically non-negotiable – especially for people with children and families to take care of.”
Her pointers are:
- Have adequate Death and Disability Cover
- Check if the destination that you are visiting is covered
- Check that the activities that you are going to participate in are covered
- Make sure the children are covered
- Update the family’s will
Click here to read the article as publishes on the IOL website.