Tag: Life insurance
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What drives susceptibility to insurance fraud: The repercussions
Economic hardships often push individuals toward desperate measures. In tough times, fraudulent behaviour becomes even more tempting. Falsifying death certificates for funeral policy claims or withholding crucial health information during application processes are just some examples of this deceit. Extreme cases of fraud may involve staging an accident, faking an injury or death, or syndicated…
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BrightRock sees resilience, growth, and improved claims experience in 2023
Johannesburg – Needs-matched life insurer, BrightRock, today provided an update on its business performance results across its individual life and funeral businesses for the fiscal year ending 31 December 2023. Despite the difficult economic conditions currently impacting consumers’ pockets, CEO Schalk Malan says BrightRock has shown resilience and growth. “The ongoing cost of living crisis and…
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BrightRock loving life in the Sanlam family, growing strongly
BrightRock CEO, Schalk Malan in conversation with BizNews founder, Alec Hogg. This interview was first published by BizNewsTV on YouTube on 27 October 2023.
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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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Just for you: What is life insurance, and how does it work?
Having the right life insurance cover means you are protecting your family’s future.
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SA’s life insurance sector: where do the opportunities lie for 2022 and beyond?
South Africa has one of the most competitive insurance markets in the world, with a mature, established industry serving middle- and upper-income clients and an emerging sector.
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Hybrid is the future
ReMark’s recently released Global Consumer Study for 2021 – 2022 has some interesting insights into how trends that we saw at the beginning of the pandemic have evolved.
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E-cigarettes and your life insurance policy
Smokers can pay more than double the premiums of a non-smoker, depending on factors such as age, pre-existing conditions and the structure of your policy.
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The life insurance industry in a COVID-19 era: where to now?
The impact of COVID-19 on the life insurance industry was recently highlighted when ASISA released their 2020 statistics for the sector.