What you should know when buying car insurance
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MoneyShop
Buying a car may be a huge achievement, but it comes with many responsibilities. One of those is ensuring that the car is protected in the event of...
Car Insurance, Insurance
Understanding waiting periods
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MoneyShop
Everyone who has applied for any insurance in their life is familiar with the term “waiting period.” A term used for the time when consumers can expect no...
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,...
The difference between medical aid an medical insurance explained
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MoneyShop
Many people are often conflicted when choosing their health plans. Sometimes it is because the difference between a medical aid and medical insurance is not clear. To some...
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...
You can get a criminal record from drinking one beer
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MoneyShop
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
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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...
WHAT IS GAP COVER?
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MoneyShop
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...
Why you may have to pay a late joiner penalty fee
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MoneyShop
While medical schemes typically won’t refuse you as a new join, they can insist that you pay a late joiner penalty fee. You may be sighing at the...