Latest News & Developments
life policies
KZN woman loses R6m life insurance claim
A KwaZulu-Natal woman lost a R6-million life insurance claim after her late mother misrepresented her income on the application form.
Life insurance claim denied: A cautionary tale of misrepresentation
A KwaZulu Natal woman lost a R6-million life insurance claim after her late mother misrepresented her income on the application form. The case highlights the importance of full disclosure in insurance policies
Siblings arrested for fraud and money laundering appear back in court
The State has alleged that two siblings, facing fraud and money laundering charges, took out life insurance policies for less fortunate people for financial gain.
Life insurance possible motive for murder of ‘Noem My Skollie’ actor
Two men will appear in court on Thursday in connection with the murder of award-winning actor, David Manuel and his friend Alfonso Fisher.
Gqeberha mom arrested for hiring hitmen to kill son for R2m life insurance
A Gqeberha mother allegedly orchestrated a plan hiring hitmen from Johannesburg to kill her troublesome drug addict son to claim millions in life insurance.
ActionSA calls on Morero to apply ‘step aside’ rule on corruption accused Gwamanda
It is alleged that the former mayor deceived unsuspecting residents of Soweto into participating in a scheme in which they made monthly payments for funeral insurance.
The importance of guardianship and estate planning for single mothers
Navigating the complexities of guardianship and estate planning can feel overwhelming for single mothers. Discover essential strategies to ensure your child's future is safe and secure - your decisions today could safeguard their tomorrow.
Urgent call for affordable diabetes treatment: Senate hearing highlights pharmaceutical markup crisis
Pharmaceutical corporations Eli Lilly, Novo Nordisk, and Sanofi have been challenged by Doctors Without Borders to take urgent action to increase access to diabetes medicines everywhere by dropping prices and not blocking generic manufacturers from entering the market to help meet the global demand for medication.
Why ActionSA is bringing down the City of Tshwane coalition
Whatever so-called “review” the party is undertaking, Herman Mashaba (the guy who pays the bills and has never had to face an elective congress) has made up his mind.
Expert advice on how young professionals can invest wisely for a secure financial future
Once you have a basic understanding of investing, a lot of the mystery falls away. That helps remove any fears investors may have and ensures that they can enjoy watching their money grow to the point where they can achieve their financial goals.
This is how you can calculate how much life cover you need?
Life insurance can help you leave an inheritance for your loved ones and can be used to pay off your debts when you die but do you know how much life you will need.
Momentum Metropolitan’s robust earnings growth driven by healthy sales volumes
The group is proud of these results, as it is the first time since at least 2018 that all the business units had reported solid earnings contributions to the group, barring slightly lower earnings from Momentum Metropolitan Health.
What should you consider when taking up life cover as part of protecting your family?
Protecting your family is a fundamental part of ones’ long-term financial planning goals.
Mental health conditions a leading cause of permanent disability claims in SA – employers, govt must do more
Both the public and private sectors must support people who want to take charge of their mental health as these conditions carry enormous economic consequences and contribute to productivity losses in the workplace.
SAPS death grant for cops killed on duty set to increase up to R300,000
The South African Police Service is set to increase the death grant, which is paid to the families of cops who die on duty, up to R300,000.
Gen-Xers ‘are behind in their retirement plans’
Research here and in the US shows that people of this generation may be far behind where they need to be when it comes to their accumulated savings.
Lebo M sheds light on his decision to divorce again: ‘ I fear for my life and that of my children’
In his statement, Lebo M had said that he would not be responding about what led to the breakdown of his marriage but in a turn of events, he's shared some more info.
Kidnapping, ransom insurance is a real thing in SA
Kidnap and ransom insurance products also cover the loss of a ransom in transit.
Specialist kidnapping, ransom insurance is a real thing in SA
Kidnap and ransom insurance products also cover the loss of a ransom in transit.
Words on Wealth: Compelling reasons to consider a life annuity
A couple of weeks ago, I wrote about living annuities, with the message – supported by expert opinion – that living-annuity pensioners need to be able to cope with stock-market volatility if they are drawing more than 4% a year for an income. The argument was that only by being heavily invested in equities (at least 60%) could you achieve the after-inflation returns required to sustain that level of income over the long term.
Discovery Life loses leave to appeal R25m payout judgment to man no longer able to work as stockbroker
A man said he suffered a string of deeply traumatic events that had left him with a combination of post-traumatic stress disorder and an unspecified bipolar mood disorder.
There is more to a life cover than just death, say experts
Life cover does not only mean providing for your family after death it can also provide people with a financial payout if they are diagnosed with a critical disease, or become disabled.
Insurance payout: Who died first in car accident focus of legal wrangle
The Liberty Group paid out nearly R1. 4 million to the executor of Mrs Becker’s (no first names given) estate, but then, the insurer got wind that she died at 12. 15am on that day and Mr Becker was certified as dead at 3. 10am.
Thanks to a Russian company, you can now stage your funeral and get buried alive
A Russian start-up company is offering a service where you can arrange your own funeral and be buried alive for an hour.
Am I The A**hole? I am 60-years-old and want to sell my home to use the money to enjoy my retirement. My adult children are angry as they want to inherit it.
The short answer to this question, according to retirement property experts, is ‘no’. In fact, increasing numbers of retirees are doing the same. Here is how, and why.