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Preview: ITINews - Insurance Times and Investments Online Industry News - Life Insurance

ITINews - Insurance Times and Investments Online Industry News - Life Insurance

The complete South African Financial Services News and Information Portal

Copyright: Copyright (C) 2006

Have you paid too much for your Old Mutual Tax Free Savings Plan?

Tue, 01 Sep 2015 12:00:00 AM GMT

Tax free savings plan becomes another form of legal theft - I don't suppose that when Treasury approved the Tax Free Savings scheme it had the above headlines in mind.

How are life insurance premiums calculated?

Thu, 13 Jan 2011 12:00:00 AM GMT

And other questions you may have on Life Insurance - Petrie Marx, an actuary in product development from Sanlam Personal Finance answers some questions

Significance and potential of microinsurance in supporting development in emerging markets

Wed, 15 Dec 2010 12:00:00 AM GMT

Microinsurance refers to insurance products especially designed for low-income individuals - Swiss Re's latest sigma study "Microinsurance - risk protection for 4 billion people" emphasises the relevance of microinsurance as an effective and viable risk management solution for low-income individuals.

Conditional selling worries

Wed, 19 Sep 2007 12:00:00 AM GMT

Compulsory but free to choose - It is doubtful the provisions of the National Credit Act 2005 will curb the practice concerning compulsory insurance. Most lenders require some form of credit life to secure a loan in the event the borrower dies or, in some cases, becomes disabled and cannot earn a living.

Old Mutual replies to questions from ITINews on Reversionary Bonus policies

Wed, 13 Dec 2006 12:00:00 AM GMT

Important that policyholders have access to the service of a reputable financial adviser - Policyholders are however well advised to discuss any change in their financial needs with their financial advisers or brokers.

Debunking The Myths Of Disability Underwriting

Mon, 13 Mar 2006 12:00:00 AM GMT

DI underwriters require a different level of information than their life counterparts - When it comes to selling disability income insurance, I'm not sure which is the bigger obstacle: the overall lack of awareness among the general public about this much-needed income protection product or the persistent belief in DI underwriting "horror stories" on the part of producers.

That's the spirit

Wed, 02 Nov 2005 12:00:00 AM GMT

Supportive employers make a difference - It is apparent that government is actively addressing the issue of discrimination against disabled employees in the workplace. Since the introduction of the Labour Relations Act of 1995, the government has also introduced the Employment Equity Act and the Code of Good Practice on key aspects of disability in the workplace.

Life assurance market

Tue, 27 Sep 2005 12:00:00 AM GMT

Struggling for growth - According to Guardrisk research shows that only 9% of South Africans have a pension fund and 11% have life assurance.

FPI says 'Yes' to regulation that benefits the consumer

Wed, 07 Sep 2005 12:00:00 AM GMT

Provided it makes provision for fair compensation for the broker. - It notes that the proposal for commission reform tabled by the Life Offices' Association on 6th June 2005 "represents a significant move away from the current framework."

Life Commissions

Mon, 05 Sep 2005 12:00:00 AM GMT

Insurance brokers call for a wider investigation - The Insurance Brokers' Council (IBC) and the Association of Black Insurance Brokers (ABIB) have delivered a proposal to National Treasury concerning the problems of high costs and low levels of investment returns in the life assurance industry.