Weekend Argus Saturday

Life cover vs funeral cover: which one’s for you?

IN A media release issued in March, Hennie de Villiers, the deputy chairperson of the life and risk board committee at the Association for Savings and Investment South Africa (Asisa), said the life industry had recorded 434 216 death claims last year. This was more than a third up from 2019’s figure, and more than half of these claims were for funeral policies.

Covid-19 undoubtedly had a role to play – not only in the uptick in claims but also in

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