Single and childless? You still need life insurance
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MoneyShop
Single people usually don't need life insurance because no one depends on their income, but there are times when it's necessary to have one. Single people are under...
Insurance, Life Insurance
Credit life insurance explained
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MoneyShop
Life has so many uncertainties. There is no guarantee that you will still have your job tomorrow. You don’t know if you will still be able to walk...
No life insurance without medical exam
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MoneyShop
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,...
Psssst! Here is an easy and cheaper way to protect your bond
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MoneyShop
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...
How much you spend on your insurance depends on your goals
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MoneyShop
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
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MoneyShop
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...
How much life insurance does your spouse need?
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MoneyShop
With the rush of everyday life, people rarely consider what would happen to their spouses if they suddenly passed away. It’s impossible to anticipate when this might happen...
Why you mustn’t cancel your life cover
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MoneyShop
Life cover can help your family financially when you are no longer around. The money can be used to cover immediate expenses through a cash pay-out, such as...
Is life insurance just a big scam?
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MoneyShop
I just turned 28 and only recently learned exactly what life insurance is. Now with some clarity, I can answer this… is life insurance just a scam? Actually,...
Solving five problems with life insurance
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MoneyShop
You know you need it, you don’t always want to pay for it, but without it your family’s future could be a lottery. So why do you actually...