
Liberty flags high income protection claims in the financial sector
The group also notes a surge in capital disability benefit claims, driven by increases in the number of claimants and the average sum assured.
The group also notes a surge in capital disability benefit claims, driven by increases in the number of claimants and the average sum assured.
Even when an employer’s doctor declares an employee unfit, group policy definitions such as ‘Own Occupation’ vs ‘Any Occupation’ can lead to claim denials.
The group is keeping its discretionary capital well above target amid concerns over potential tariff-driven inflation, supply-chain shocks, and credit defaults.
Momentum CEO Jeanette Marais says the future of scalable, effective financial advice lies in blending smart tech with emotional intelligence.
From trusts to tax-smart retirement planning, here’s how to protect your estate, reduce taxes, and prepare the next generation to manage and grow your wealth.
Discovery Life’s claims report reveals a sharp rise in repeat severe illness claims and a growing need to factor child protection into long-term insurance strategies.
Discovery Life’s claims data reveals rising risks, with increasing concerns about mental health and skin cancer.
Sales of recurring-premium savings policies continued to improve, while lapses of risk policies declined.
The decision in favour of Momentum Metropolitan Life affirms the importance of substance over form in electronic surety agreements.
Exceptional underwriting in Old Mutual Insure and a 37% jump in Investments drive overall strength, but Corporate’s life insurance sales slumped 42%.
The policyholder inflated her earnings and failed to disclose a simultaneous application with another insurer, materially affecting the risk assessment.
With the integration of Assupol well under way, Sanlam is working to streamline its operations and enhance its market position.
CEO Michele Jennings says glu targets a wider audience with straightforward products and digital innovation.
It says the new business division, called glu, provide members with straightforward insurance solutions and profit-sharing.
As insurers increasingly turn to alternative assets and cross-border reinsurance, industry experts highlight the growing complexities and risks.
Applicants must fully disclose all relevant information during underwriting, even if it was divulged in past applications.
Choosing the best life insurance for your clients is about more than comparing prices. It’s about ensuring the cover meets their unique risks and needs, from income protection to cancer care, says Bidvest Life’s Mark Neil.
Notifications