Understanding deposit premiums and declarations

Understanding deposit premiums and declarations

Most short-term insurance policies are annual policies with a predetermined premium, which can be paid monthly. Historically, many Financial Service Providers (FSPs) have issued monthly renewable policies, i.e., month-to-month renewal with a set anniversary date. At...
Insurance – ‘first aid’ to the economy

Insurance – ‘first aid’ to the economy

Pillars of insurance The country’s economy has been around for as long as trade between people began, insurance quickly formed part of the financial doctrine of how the economy operates sustainably through structured insurance contracts and loss reactions to create...
Weathering the Storms of Climate Change

Weathering the Storms of Climate Change

In our February article, we touched on changing weather conditions. This topic is not exclusive to South Africa but is at the forefront of the global arena. Climatic conditions have a severe impact and wreak havoc all over the world. During 2024, the following...