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Income cover

By Brad Toerien – Chief Executive Officer, FMI

There is a general consumer perception that life insurance is complex and expensive and that when you need it most, you have to fight to have your claim paid. As a result, many South Africans are dangerously under-insured. A recent industry study revealed that the average South African only has a third of the cover they need. Not only do people not have enough cover, the cover they do have in place doesn’t necessarily suit their individual needs. keep reading

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Published – Risk Africa November 2017

At FMI, we believe life insurance benefits should protect your client’s income against the risk of temporary or long-term disability, critical illness or death and the best way to do this is through a combination of income and lump sum benefits.

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