Tag: Life insurance
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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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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.
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Nine leadership questions for Sean Hanlon, Executive Director, BrightRock
After studying teaching and drama, I found my passion when I joined the life insurance industry as a broker consultant in the early 90s. I’ve worked in senior positions in financial services for over 30 years, having set up and run distribution for major life insurance operations in South Africa and the United Kingdom. 1.…
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BrightRock CEO, Schalk Malan on building a successful insurance company
BrightRock CEO, Schalk Malan chats to Kaya Biz host, Gugulethu Mfuphi. This interview was first published online by Kaya FM on YouTube on 10 May 2024.