Surge in income protection claims reported as Covid-19 hits SA workers
Income protection specialist insurer FMI has seen the highest number of claims in its 26-year history.
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Income protection specialist insurer FMI has seen the highest number of claims in its 26-year history.
It’s estimated that more than six out of 10 (62%) of South Africans will run out of money within three months if they lose their income due to injury or illness.
With more than 20 years of experience in both the South African and international life insurance industries, we chat to Leza Wells, chief product actuary and acting chief of marketing, at life insurer FMI (a Division of Bidvest Life Ltd). Leza Wells, hief product actuary and acting chief of marketing at FMI (a Division of Bidvest Life Ltd) What does your job entail and what does your average workday look like these days? I am the chief product actuary at FMI and for last year, I have assumed the role of acting chief of marketing. The two roles are very different but complementary in that the ...