A pressing concern for many South Africans is whether or not the taxman gets a chunk of the money when the life insurance policy pays out. It’s a big stress factor to wonder how big the tax portion will be and how much will be left over for your family especially in a time when th...
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How Long Does Life Insurance Take To Pay Out? Once an insurer has all the information they need to assess and agree to pay a claim, you can expect to receive the payout within a few days. Where a life insurance policy has been written in trust, it will speed up this process. A tru...
Because MyLife was classifying individuals as a “criminal or potential criminal for reasons MyLife will not disclose unless and until the consumer purchases a subscription,” the Court held that “these marketing practices are deceptive and material as a matter of law, and violate Sec...
life. One key consideration is what will happen to your life insurance when you retire. Life insurance is often purchased to provide financial protection for your loved ones in the event of your untimely death. But as you transition into retirement, your financial needs and priorities may change...
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Dear Madam/Sir, I’m writing to claim for the insurance on my camera, which was stolen during my honeymoon last month in South America. It was mid-morning on 3 June. My wife and I were lying on the beach outside our hotel.A man came up to us to ask for directions. We had a ...
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Life insurance is often considered a valuable financial tool that provides protection and security for your loved ones in the event of your untimely demise. However, did you know that in addition to the death benefit it offers, a life insurance policy can also serve as a source of funds duri...