No annual premium increases on our new life product, says Capitec

Life insurance without automatic annual premium increases was one of the selling points touted by Capitec Bank when it officially launched its new life cover product on Tuesday.

This article makes one think about transparency with clients. What do you think about the product versus the comment made by a reader? 3min read

The real cost of insurance fraud: how it happens, how it’s detected and why honesty is – quite literally – the best policy

This article also looks at fraud in health insurance. How can those seeking insurance be convinced to be truthful? 8min read

More locals are buying life insurance that pays out in dollars, says Discovery

Discovery Life anticipates its dollar life products will account for about 10% of its total book’s annual premium income by 2025, as more South Africans diversify their risk cover to include life insurance that pays out in dollars.

This article can be accessed via a Business Live subscription. If you do not have a subscription, you may find the article below of interest as it describes Discovery Life’s dollar life products.

First and only life insurance that pays you out in dollars

4min read