Life cover News

Life cover is a necessary expense that many may overlook. We consider how it differs from funeral cover, and how to choose the correct cover.

We take out insurance to protect ourselves and our loved ones from unforeseen circumstances. But some try to take advantage of the insurance system. We have a look at what insurance fraud is.

Taking out insurance to protect your family and livelihood is a responsible decision. But what happens to this cover when you move abroad?

Have you ever wondered what happens to your belongings once you die? Perhaps your loved ones will clear out your apartment, or your landlord will gain possession of what’s left behind.

When you take out a credit agreement, it often includes credit life cover to settle your outstanding debt in dire circumstance. Cover conditions include, for example, retrenchment or the onset of disability. But this cover does come at a cost, so what if you prefer to remove it from your credit agreement, or perhaps replace it?

You have the right to choose your own credit life cover provider. But how long will it take to do this, and is it worth the effort?

Perhaps you have credit life cover. But will the amount you pay for this remain constant or fluctuate? Credit life cover can protect you when you’re no longer able to pay your instalments. But this does not mean that you need to be overcharged for it. We find out more about this.