South Africa’s Newest Insurance Group

insurance-optionsAs South Africa’s insurance industry continues to grow, a new innovative insurer is set to shake things up with their unique service offering.

BrightRock (Pty) Ltd was launched late last year and is backed by the Lombard Insurance Group, an AA-rated insurer with decades of experience in the sector. As a new entrant to the market, BrightRock plans to draw new customers with a unique idea – fully customisable insurance. Continue reading

Insurance: A Whole World of Options

insuranceFor many people insurance is something they know they ought to have, especially in South Africa where accidents and loss or damage to property are quite common.

If you are new to the world of insurance or would like to make sure that you and your family are adequately covered, this introduction to the various types of insurance may answer a few of your questions.

Remember to consult your financial advisor if you would like more information on the types of insurance on our checklist: Continue reading

Disability Cover beyond Retirement? It Exists!

insurance disability cover after retirementMany insurance companies offer policies that will pay out a lump sum in the event of disability. These policies are an essential part of everyone’s financial planning strategy, providing crucial funds that can be used to settle any outstanding debts you may have in the unfortunate event that you become disabled and unable to work. Once your debts are settled, the balance of the lump sum payment could be invested to provide an income to cover your monthly expenses.

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Risk Cover Update: The ADL Benefit

insurance disability coverPersonal insurance goes much further than basic life cover, and in today’s uncertain world it is fast becoming a necessity for all of us.

If you are still only covered by a life insurance and funeral cover policy, you should consider including impairment and disability cover in your portfolio. As tragic as the loss of a loved one is, the financial implications are not necessarily negative as long as the person has a life insurance policy. A disability can be far more costly, as the breadwinner may no longer be able to work and may need nursing or extensive medical treatment in addition.

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