Category: News
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Cybersecurity is a crucial priority in the digital era
According to the 2022 Veeam Data Protection Trends Report, 85% of South African organisations faced ransomware attacks, which are now one of the leading causes of business disruption. As businesses increasingly rely on technology to optimise operations and improve customer experience, robust cybersecurity measures are essential to safeguard sensitive data and ensure business continuity. The…
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Protect your business legacy: Life insurance for SMEs
Small and medium enterprises (SMEs) are pivotal to South Africa’s economy, driving innovation, job creation, and economic growth. However, they are often vulnerable to financial and operational disruptions if the owner becomes disabled or passes away unexpectedly. The sudden loss of a business owner can lead to complex challenges, such as settling debts, transferring ownership,…
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Behavioural economics: Emotions play a role in how you make financial decisions
Imagine a world where every financial decision was made with cold, hard logic. No emotion, no bias – just numbers. The real world doesn’t operate that way. This is where behavioural economics come in. When it comes to life insurance, understanding the quirks of human behaviour can make all the difference to help you protect…
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How to afford escalating life insurance premiums
In the current cost-of-living crisis many people are reconsidering their life insurance because the premiums are too high.
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Understanding how your insurance cover and premiums will grow
Affordability is a key part of most people’s thought process when buying life insurance. While it is important to have premiums that you can afford today, it’s even more essential that your premiums remain sustainable in the future, so you can keep your cover. Premium funding patterns play an important role when it comes to…
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Did you know that insurance companies offer cover for home executives?
Taking care of a home and children is one of the most important jobs anyone could have. Despite home executives taking care of many duties, covering them should they suffer a serious illness or injury, or should they even pass away, is not something we consider when taking out life insurance. Why it’s important for…
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What consumers need to know about funeral policies in South Africa
Funeral expenses can be burdensome and overwhelming – this is why funeral polices are the most popular insurance products in South Africa. Funeral policies are designed to offer a financial safety net to families during a very stressful time. They enable people to honour and bury their loved ones with dignity, and without facing financial…
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How the COFI Bill is providing enhanced financial transparency
The South African financial services sector has undergone sweeping regulatory reform over the past 15 years, aimed at improving the governance and accountability of financial institutions. These reforms have been crucial in securing better outcomes for the people served by the sector. The Conduct of Financial Institutions (COFI) Bill represents a major leap forward and…
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Life insurance for the gig economy and SMEs: What you need to know
The gig economy and small and medium enterprises (SMEs) are pivotal to South Africa’s economic landscape. With unemployment rates soaring and traditional job opportunities becoming increasingly scarce, more South Africans are turning to freelance work and entrepreneurship. While these sectors offer flexibility and innovation, they also present unique challenges, particularly regarding financial security and risk…
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Navigating life insurance in uncertain times
Personal insurance extends beyond income protection to leaving a legacy, covering debts, protecting assets and looking after one’s family in the future.