SA life insurers paid out almost 100% of all death claims for fully underwritten individual life policies in 2018, official statistics show.

The Association for Savings and Investment SA (Asisa) said in a statement that the value of the 33,545 claims paid out against fully underwritten individual life policies amounted to a record R15.1bn. This is more than double the R6.8bn paid out since Asisa started consolidating statistics in 2012, Rosemary Lightbody, senior policy adviser at Asisa, says...

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