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FNB Life has paid out almost R2.6bn in life insurance, income protection and disability claims to its customers in 2021.

The life insurance unit of FirstRand-owned FNB said the claims comprise R2.3bn in mortality claims, R190m in claims for retrenchment or the inability to earn an income and R81m for disability-related payouts. The combined R2.571bn in claims payouts were made between January and December 2021...

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