Tag: Consumer Education
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Just for you: Do you actually understand inflation?
Inflation is a word that gets thrown around a lot, but surveys over the past decade indicate that the adult populations in many countries know relatively little about finance and are unfamiliar with economic concepts such as inflation, interest compounding, and risk diversification. According to a study published by the Human Sciences Research Council and…
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Just for you: Do you need life insurance?
Many people believe that if you are young, you do not require life insurance.
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Budgeting for the future: How life insurance policies and savings plans work hand in hand
When South Africans, and caregivers in particular think of their savings plan, life insurance is not likely to be the first thing they associate with saving up for.
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Budgeting for the future: How your life insurance policy and savings plan work hand in hand
This week our Minister of Finance, Enoch Godongwana, will be delivering his budget speech, which will outline government’s planned expenditure over the next year.
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What factors affect the cost of your life insurance premium?
Your health plays a role in the price of your premium, as does your lifestyle.
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How do my life insurance policy and my savings plan work hand in hand?
It’s important to see life insurance, disability and critical illness cover, and your savings, as important vehicles that work hand in hand.
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Is a life insurance policy really for life?
Having the right kind of life cover, critical illness cover and disability cover means that you and your family will be able to maintain a similar lifestyle when you pass away or when your ability to earn an income is affected.
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Underwritten and non-underwritten insurance cover – What’s the difference?
You’ve most likely heard the term ‘underwriting’ mentioned in insurance ads and weren’t sure what it meant and why it’s important.
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Why is naming beneficiaries on a life insurance policy so important?
When considering who to nominate as beneficiaries, most people choose people who are financially dependent on them.
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What is the difference between funeral cover and life cover?
Because life insurance policies and funeral policies cover different things, it’s best to provide for both in your monthly budget.