The term “No Fault” is usually used in relation to compensation schemes such as workmen’s compensation. It is envisaged that the Road Accident Fund will become a “no [...]

The area code informs the insurer of the overnight location of a client’s vehicle. The insurer uses this information to determine whether or not the insured lives in a high or low crime area. [...]

Medical aid is a non-profit product that provides cover for medical expenses. The level of cover provided is dependent on the option chosen and can range from basic cover for hospitalisation [...]

This depends on the policy. Your life insurance cover will include clauses stipulating the causes of illness or injury that are covered.

A life settlement refers to the amount received when selling a life insurance policy. As life insurance companies evaluate premiums based on each individual’s risk, they cannot allow a life [...]

The best time to buy life insurance is when you are young as younger insureds qualify for a higher cash benefit and lower premiums given that they are at less risk of death and dreaded disease. [...]

Your insurance company may pay out the value of the property at the time of loss, or, the municipal value, which may be lower or higher than the amount for which it was originally bought (or [...]

A pregnancy, planned or unplanned, is very unlikely to be defined as a disability or illness in terms of any policy wording.