Insurance articles
How to negotiate lower insurance premiums
Paying monthly insurance premiums can feel like a grudge purchase because you don’t see the benefits unless you find yourself in a sticky situation. But would it seem less so if you could pay lower premiums?
Older people pay more for car insurance and other myths busted
When it comes to vehicle insurance there are nearly as many myths flying around as there are uninsured vehicles. The bottom line is that an insured vehicle is a safe vehicle that can save you a lot of money in the case of an accident. Yet, the m...
COVID: Will life cover pay out if you die from Covid-19?
With the global pandemic continuing to raise havoc and the rising infection rate in South Africa, you may have wondered what this could mean for your insurance products, such as your life cover. Will your insurer pay out if you pass away from co...
What’s the deal with underwriting?
When you apply for a long-term insurance policy, a financial adviser will ask some personal questions about your lifestyle, family history, health, and even ask you to take some medical tests. This process is called underwriting, but is it reall...
Someone got injured on my property – now what?
Life is unpredictable and no matter how careful we are, accidents happen. But what if someone has an accident while visiting your house? Your guest could fall off the stairs, slip on the floor or get bitten by your dog.
How income protection can help you when you’re sick
Your greatest asset is probably your ability to earn an income, which provides a certain lifestyle and the capacity to take care of your dependants. That’s why it’s so important to protect your income against unforeseen illness or ...
Medical aid plans and health insurance - what’s the real difference?
It’s difficult to choose between a medical aid plan and a hospital plan because both offer medical cover and the differences can sometimes be hard to identify. What’s even more complex is how each is structured and the impact this ...
Travel insurance can rescue you when stranded in another country
Before travelling abroad, it’s always advisable that you purchase travel insurance. This insurance helps in case an unfortunate incident occurs. It covers not only your medical expenses when you get sick, but also the cost of transportati...
The 411 on funeral costs
You might not want to consider this while you’re in the prime of your life, raising your children, or planning towards something special, but death is inevitable and planning for funeral costs necessary. In these uncertain times anything ...
How to finance and insure a second-hand vehicle
Buying a second-hand vehicle may suit your budget better than acquiring a new one. But what impact does an older model have on vehicle finance and car insurance? We reached out to specialists in the field to explain what the financial implicatio...
What will happen if you lie on your life insurance application?
If you're considered high risk, your insurer will likely charge you higher premiums. Therefore, it may be tempting to lie on your application. But this could have dire consequences. We got in touch with insurers and found out what these conseque...
New homeowner? Be aware of these extra expenses
You’ve overcome all the hurdles of buying a home. You’ve managed to pay your deposit and your closing payments, and now you’re a proud title deed holder. However, there are other expenses waiting around the corner. Are you prepared?