In this interview, Petrie Marx, Product Actuary at Sanlam Risk and Savings, discusses the recent increase in life risk claims from young individuals and delves into the past year’s claims experience.
Endowments are frequently seen as inflexible. There is also some scrutiny around what returns look like based on market conditions upon maturity. As a specialised solution, endowments can be the perfect key for the right lock. It’s just a question of pairing the product with the correct client.
This isn’t life insurance, but it is a product that you should know about. It fits in with the theme for this week on identifying the beneficiary and is on page 30 of the July COVER magazine. 3min read