WHAT’S IN THE FINE PRINT?
The 2018 case of Momentum’s initial refusal to pay out a R2.4 million life cover claim to the widow of Nathan Ganas, who died brutally during a hijack, claiming the deceased had not disclosed a pre-existing diabetic condition, turned many people off life insurance.
Although Momentum’s decision was legally sound, the company’s ethics, fairness and integrity came into question. Are life insurance companies just out to get you, or should we consider
