No life insurance without medical exam
When you apply for a life insurance policy, you will probably be required to undergo a medical exam. Although this exam is mostly performed at the insurers’ expense,...
Personal loans not available to new employees
Employment is one of the significant factors when applying for a personal loan. After all, no creditor will lend you money until sure that you have some form...
Psssst! Here is an easy and cheaper way to protect your bond
You have finally saved for the deposit of your dream home. You have spotted the house you want to buy. You have all the required documents. You head...
Bank accounts frozen after you die – what happens to your family?
In the event of death, the bank closes a client’s bank account. This may present many challenges to the family that is left behind as they cannot access...
You can get a criminal record from drinking one beer
Many people land in jail because they are not aware of the legal limits of alcohol. Unfortunately, even a single glass of beer is enough to get you...
How much you spend on your insurance depends on your goals
A survey by Statistics South Africa shows that South Africans spend 8.9 percent of their monthly expenditure on insurance. However, there are still people who overspend on their...
Gender and life insurance
Past claims, not gender, are the cause of the differentiated premiums. In 2012, the European Court of Justice issued a gender directive, prohibiting insurance companies from using gender...
Wrong reasons to take out a personal loan
Taking out a personal loan is a huge, long-term commitment. You shouldn’t make this decision on a whim or take the consequences lightly. “With the current economic conditions,...
WHAT IS GAP COVER?
You may be alarmed when your dentist asks whether you have gap cover. But don’t worry, it’s not what you think! According to Lianne Lutz, wealth coach at...
The consequences of defaulting on your loan
A personal loan may be exactly what you need. But before you jump into the deep end, you should understand the consequences of belly-flopping on the surface and...