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WENDY KNOWLER | Don't claim from your insurer for every little thing'

Before you make a claim, consider your claims pattern in the past three years

South-africa , World-war , Sunday-times , D , Insurer , Thing , Wendy- , Bt , Policyholder-protection-rules , Constantia , Angela

Skipping two life policy payments in 10 years costs cash-strapped widow: Salutary lesson for all consumers

A widow was not aware two payments had been missed and was horrified to discover her claim on a R1.5m policy was rejected for this reason.

South-africa , Peru , Australia , United-kingdom , India , Policyholder-protection-rules , Policy-holder-protection-rules ,

Rising number of funeral policy providers operating outside the law

Fais Ombud's latest annual report also highlights the total reliance by some FSPs on risk-profiling questionnaires, to clients' detriment.

Nonku-tshombe , John-simpson , Fais-ombud , Office-of-the-fais-ombud , Financial-services-providers , Financial-services-providers-fais , Intermediary-services-act-no , Office-of-the-ombud , Financial-advisory , Intermediary-services-act , Fais-act , Insurance-act

What happens if you skip a payment on a life, disability or severe illness policy?

You should do your utmost to avoid letting your policy lapse because if you want to reinstate it later, your life insurer will then reassess the risk you pose to it?

Policyholder-protection-rules , Long-term-insurance-act ,

Multisure claims game-changing court victory against KG...

A loophole in the Long-Term Insurance Act’s Policy Protection Rules has been the subject of a long-running court case involving funeral policy underwriter KGA Life, which has been ordered by court to release intermediary Multisure Corporation from its contract.

South-africa , Stellenbosch , Western-cape , Pretoria , Gauteng , Irma-schoeman , Peet-nienaber , Denton-goodford , Mduduzi-masilela , Financial-sector-conduct-authority , Rob-edwards-associates , Cape-high-court

Legal loophole: Insurance intermediaries unknowingly 'lose' control and ownership of clients

Legal loophole: Insurance intermediaries unknowingly 'lose' control and ownership of clients
fullstopcom.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fullstopcom.com Daily Mail and Mail on Sunday newspapers.

Cape-town , Western-cape , South-africa , Stellenbosch , Pretoria , Gauteng , Port-elizabeth , Eastern-cape , South-african , Kedibone-dikokwe , Denton-goodford-multisure , Irma-schoeman

The dark world of selling funeral policies in South Afr...

A dispute between Multisure, a financial services company, and the insurance underwriter KGA Life has lifted a corner of the dark world of selling funeral insurance policies in South Africa.

Sean-russell , Denton-goodford , Rudi-kotze , Johan-ferreira , Financial-sector-conduct-authority , Rob-edwards-associates , Cape-high-court , High-court , Policyholder-protection-rules , Long-term-insurance , African-unity-life , Corrupt-activities-act

Surge in universal life policy complaints in South Africa

As regulator is forced to step in

South-africa , South-african , Financial-sector-conduct-authority , South-african-ombudsman , Policyholder-protection-rules , Long-term-insurance-act , Life-market-conduct-committee , Actuarial-society ,

FSCA to further review universal life policies

Long-term insurance ombud says these policies may result in unfair outcomes to policyholders.

South-africa , Financial-sector-conduct-authority , Long-term-insurance , Policyholder-protection-rules , Longterm-insurance-act , Life-market-conduct-committee , Actuarial-society ,

FSCA to review troublesome universal life policies

Long-term insurance ombud says these policies may result in unfair outcomes to policyholders.

South-africa , Mike-mcdougall , Paul-truyens , Financial-sector-conduct-authority , Actuarial-society-of-south-africa , Long-term-insurance , Policyholder-protection-rules , Longterm-insurance-act , Life-market-conduct-committee , Actuarial-society ,