When a Policy won’t pay out?

Worried whether Different Life will ‘Um and Ah’ with your claim? This is always a sticky question. Ask any insurer: The number one cause of claims being rejected is because of non-disclosure. Non-disclosure is when you fail to tell the whole truth when applying for cover. At Different Life we’re trying our best to play […]

4 Critical reasons for why you should keep reading

Besides – old age, car accident and murder – what would the most likely cause of my death be? This was the question we asked when deciding on what we wanted from our Critical Illness Cover. Crack open any comprehensive critical illness policy wording and you’ll find a ton of diseases covered – everything from […]

How to buy Life Insurance in 20 minutes flat

You’re probably not going to believe what we’re going to say next… At Different Life we think our life insurance platform is the best thing since sliced cheese. The problem is – you might not agree. So what better way is there to test, than to see how long it takes someone to come out […]

Why we charge for our Accelerated Funeral Benefit

So you’re in two minds about buying life insurance You’re on a tight budget at the moment. You’ve basically got R200 a month which you can spend on insurance, and right now you have to decide between life insurance and funeral cover. Yes, life insurance is definitely more value for money, but that doesn’t help […]

1 simple solution to 3 big problems

Why would anyone buy life insurance? Think about it. First off, it’s money which could be better spent paying off your debt or saving for retirement, and second, You’re never going to enjoy the millions of life insurance on your life. Take the single person for example.  They’re usually just starting out in life with […]

Why James needs Salary Protection

Can you identify with James? He’s just your average bloke trying to make a living. It’s tough when you’re a single parent trying to put food on the table for three children at the best of times. But right now, James is in big trouble. In fact, life was on the up-and-up for him until […]

Which is best – Life Insurance or Funeral Cover?

First of all ask yourself, which of the two is the least hassle? Buying four funeral policies – R50, 000 each and R200, 000 in total – with zero medical questions, or Buying one life insurance policy of R200, 000 with medical questions. Funeral cover wins hands down, right? We don’t think so, but a […]

Harnessing Annuity Income for Greater Good

Any entrepreneur will tell you that what you are looking for is an annuity business, something that makes money while you sleep (or play golf). I have been an entrepreneur all my adult life and I have had countless lunches and coffees where fellow entrepreneurs get together and discuss their next great idea, the one […]

Calculate the Costs

Calculations are a part of our daily lives, whether it is figuring out how long it’ll take you to get home from work or what time you need to wake up to make sure that everyone gets out of the house on time in the morning. But have you ever stopped to think about the […]

How much Life Cover do you need?

How do you estimate the perfect amount of life cover for you?  Is it really possible to quantify your living standards and life-stage changes; and to factor in economics and surprises? What is my life worth? The answer may be simply a numerical estimation, but it is possible to represent your life on paper; enough […]

The History of Life Insurance

“The Thin Man sits at Ragman Harbour in Braavos, across the sea from the famed seven kingdoms.  Bent and grey, he lounges under a dirty tent, chewing on tobacco and slurping down fresh oysters; glaring condescendingly at the working class scuttling around the harbour. He sells insurance to merchant ships, sailors who may never return […]

Thinking About Life Insurance?

They say when the conversation turns to the weather or life insurance, it is time to go.  Nobody wants to think about death or taxes either.  So how do we push past the yawn and start to think about life insurance a little differently; and why do we need life insurance in the first place? […]

The Retail Distribution Review Paradox

Philip Tomlinson, CEO Different Life, looks at the paradox created by RDR and offers a solution. The FSB’s Retail Distribution Review (RDR) is intended to provide a framework for accessible, high-quality financial services advice that is free from conflicts of interest. It will have widespread implications for the distribution of financial services products, but it […]