Rampant fraud remains a challenge for SA life insurers, which detected 3,708 fraudulent and dishonest claims to the value of R1.06bn in 2018.

Although almost down 25% from 2018’s total number of irregular claims (2017 saw 5,026), the value of claims — in 2017 it was R1.13bn — remained almost the same, statistics released this week by the Association for Savings and Investment SA (Asisa) show...

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