Top Up Gap Cover with Car Insurance

Car
You may owe a certain amount on your financed vehicle but this does not mean that your car insurance cover will settle the outstanding balance in full if the vehicle is written off, stolen or lost through some other means.

Car insurance, and comprehensive cover in particular, is one of the best ways to financially protect yourself against damage or loss of your vehicle. It is mandatory for financed vehicles but this does not mean that car insurance will protect your completely when it comes to outstanding loans. Without top up cover, the insurance payout may be insufficient to settle the outstanding loan value if the car is stolen, hijacked or written off in an accident.

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Medical Gap Cover is a Necessity for Medical Aid Members

Medical

With the exorbitant cost of healthcare in South Africa, it is no surprise that most people cannot afford private care without medical aid. At one time South African consumers could rest assured that their medical aid cover will pay for all medical bills for essential services. However, this has been rapidly changing over the past few years. There days medical aid payouts will only cover part of the bills and members can find themselves out of pocket for thousands or even tens of thousands of rands in doctors’ bills.

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Hospital Plan with Maternity Benefits for Pregnant Women

Medical

There are number of different health-related financial products with medical aid leading the way in covering healthcare costs. Pregnant women who want to access private healthcare services will either need to have medical aid or the financial resources to cover these costs. In recent years, other forms of health cover have emerged with maternity benefits but all of these financial products differ and may have limitations when it comes to pregnancy-related costs.

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Is Life Insurance a Replacement for Funeral Cover?

Funeral

Life insurance and funeral insurance are two different financial products but many South Africans incorrectly believe that one can replace the other. You may have a R500,000 life insurance policy so what is the need for a R100,000 funeral cover payout? The fact is that these different products serve different purposes and one cannot replace the other. Ideally a person should have both life insurance and funeral insurance.

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Compare Car Insurance Quotes – What To Look For?

Car

Just as you shopped around to find the best value for money when buying your car, the same due diligence is required when comparing car insurance quotes. With South Africa’s high road traffic accident rate, in addition to the prevalence of vehicle-related crimes like hijackings and car theft, it is unwise to own a car without suitable car insurance cover to protect you against the financial loss in the event of an accident, hijacking or theft.

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Funeral Cover with No Waiting Period for Payout on Death

Funeral

Funeral policies are one of the most popular insurance products in South Africa. These policies provide a cash payout to family members upon the death of a person who is covered. It allows the family of the deceased to pay for the costs of the funeral and any other expenses. As with most insurance policies, funeral cover has several conditions in place to ensure that the financial protection it offers is not abused by consumers.

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Medical Aid for Pregnant Mothers with No Cover

Medical
You have just discovered that you are pregnant. The exciting news is marred by the fact that you do not have medical aid cover and you do not want to use a public hospital for giving birth. How can you get medical aid cover? What are your options for accessing private hospitals and doctors without medical aid cover?

It is a reality that many pregnant women in South Africa face on a daily basis – discovering that they have fallen pregnant and do not have the medical aid cover to afford the private healthcare services that they desire. If you do not have the cash at hand to pay for private service providers then your are options are limited. You will most likely have to settle for the public healthcare services.

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