Tag: IOL
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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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What you need to know about insurance fraud
BrightRock’s head of the legal team, Glenn Hickling, has addressed some questions to educate consumers about insurance fraud and how it applies to them.
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Life insurance for diabetics ‒ what you need to know
Life insurance might be too expensive for diabetics. Although insurers take comparable approaches to providing cover, a new product on the market focuses on assisting customers in managing their illness.
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Life insurance and your savings plan
When you think of your savings plan, life insurance is not likely to be the first thing you associate with saving up for what is important to you.
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Financial planning 101 for young adults
Debt can be healthy and unhealthy. Healthy debt is the sort of debt that adds value to your life and is often asset-based, such as a student loan or a car.
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Don’t under-estimate the worth of the non-breadwinner
Many people believe that only the family breadwinner needs to have life, disability and severe illness cover. This view is fundamentally flawed, a financial planning professional says. Craig Torr, director at Cape Town-based financial planning practice Crue Invest, says that just because the stay-at-home partner does not earn an income does not mean the family…