Insurance 101

It may come as a surprise, but a life insurance claim can often take up to a few months to pay out. So what about the funeral costs? read more »

When buying a life insurance policy it is very important to answer all questions honestly and accurately. read more »

If I were to die how would my dependants survive without my income? What would happen to bond or rent payments, vehicle instalments or school fees? read more »

A funeral policy is designed to pay out a quick amount of cash to cover the costs associated with a funeral. Life cover offers much higher payouts but doesn’t necessarily have the promise to pay-out as quickly. So how do you get the best of both worlds? read more »

Many insurance policies have an increasing premium even though the cover amount doesn't change. Life insurance also gets more expensive as you get older; why would this be the case? read more »

A waiting period is an amount of time where you pay a premium but don't yet have full cover. This is usually done to prevent people from buying a life insurance product when they suspect they might already be ill. read more »

We think you should understand what you buy. So what is underwriting anyway? read more »

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. read more »

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 Parkinson’s to Cerebral Malaria to Blindness. read more »

I can’t decide - Disability Cover and Critical Illness Cover? Of course you know our opinion on that - take both! But it’s not our opinion that counts; so here’s how to decide: Which is better? * Disability Cover has one focus, and one focus only - your occupation. * Critical Illness Cover also has one focus – have you been diagnosed with one of the critical illnesses? That’s it case closed, end of discussion. But hang on, surely there’s more to this than that? read more »