Tag: Life insurance
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Guiding clients to sustainable life insurance in 2025
We have long been saying that the conversation about insurance should be shifting from “what’s the cheapest premium today?” to “what’s sustainable and valuable over the long term?” But even though BrightRock has been raising the issue of unsustainable funding patterns, this shift has been slow. For years, price has been the primary decision-making factor,…
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If you think life insurance is something for your 40s, your future self might want a word
When it comes to protecting your income – if you become disabled or pass away – many young South Africans in their 20s and 30s think it’s something to worry about “later”, after you’ve bought a home, climbed the career ladder, or started a family. But this mindset can end up costing more than you…
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Life insurance: Is your cover stuck in the past?
Life changes fast. Financial obligations, health status, and family dynamics evolve over time, sometimes gradually, sometimes in an instant. Yet, traditional life insurance policies are designed as rigid, one-size-fits-all agreements that don’t easily adapt to the realities of life’s twists and turns. This is where claim-stage flexibility is becoming a critical innovation in life risk…
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Locking in future insurability is key to your clients’ long-term financial protection
It may be obvious, but your clients’ needs change over time. That’s why it’s imperative to get life cover that precisely matches their needs today but also can change with them over the course of their policy’s duration, as those needs change. But can they change their cover when their needs change without undergoing medical…
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The Insurance Illusion: Why South Africa’s SMEs need more than policies
In South Africa, and across much of the continent, business insurance is undervalued. According to a 2023 SME South Africa guide, most small and medium enterprises (SMEs) see insurance as a grudge purchase, an expense to avoid unless absolutely necessary. For too many entrepreneurs, business insurance, succession planning, and keyperson insurance only enter the conversation…
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Does your life insurance cover traumatic injuries?
Your critical illness cover is there to help you with the additional expenses that come with a serious illness or injury. But does your cover consider traumatic injuries when assessing your claims? Here are some important questions to ask when getting critical illness cover. 1. Should my critical illness cover include cover for injuries? Yes…
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The future is in your hands
The world is rapidly changing and with these changes, such as the emergence of Artificial Intelligence (AI), many professions may seem to be under threat. However, the thing that research shows is that people still value human interaction. While technology can help simplify many things, consumers still want to speak to qualified professionals when it…
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Life insurance should be part of your 2025 financial resolutions
Life insurance often takes a back seat when it comes to financial planning, but it’s one of the most crucial steps toward securing your future and protecting your loved ones. As you reflect on your financial goals for the year ahead, making life insurance a priority can be one of the smartest decisions you make.…
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Do you know when your insurance premium guarantee expires?
Changes in mortality and lapse rates leave policyholders with a nasty premium shock.
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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,…