News
How cheap insurance can become brutally expensive
9+ hour, 57+ min ago (554+ words) It's worth some math before deciding to change your insurance policy. As South Africans search for ways to cut monthly expenses in an era of rising inflation and potential interest rate hikes, cheaper insurance could look like a win. But…...
Why cutting insurance during a cost of living crisis can lead to financial disaster
1+ mon, 3+ day ago (617+ words) With rising fuel and electricity costs putting pressure on South African households, financial experts urge consumers to prioritise insurance payments to avoid long-term financial setbacks. When the cost of living spikes overnight, people understandably look for anything they can cut,…...
Asisa reports R626 billion in life insurance claims paid in 2025
1+ mon, 6+ day ago (587+ words) Asisa reveals that South African life insurers paid R626 billion in claims and benefits in 2025, highlighting the industry's financial strength amid rising policy lapses and changing consumer behaviour. Life insurers that are members of the Association for Savings and Investment South…...
Insurance isn't just about what happens when you die
1+ mon, 2+ week ago (915+ words) South Africans are increasingly claiming insurance benefits while they are still alive. According to Discovery Life, about 65% of its claims payouts now go towards "living benefits. The shift towards severe illness cover, disability benefits and income protection is significant when…...
Why insurance and savings should work together in 2026 and beyond
3+ mon, 1+ week ago (800+ words) Many South Africans feel forced to choose between protecting what they have through insurance or building for the future through savings. This article explains why this is a false choice and provides practical advice on how these financial tools can…...
The financial aspects of keeping your family healthy in 2026
3+ mon, 3+ week ago (623+ words) Discover essential strategies for managing your family's healthcare costs in South Africa. Learn about state facilities, health insurance, and medical aid schemes to ensure your loved ones receive the best care without breaking the bank. Parents who want the best…...