A slight deviation from the usual personal finance posts, here’s one on pet insurance and why you should consider it.
It’s often good to find a financial adviser and get some professional advice. But beware of the salesman and snake-oil merchants though.
So how do you choose the best gap cover? It really depends on your own circumstances but there are some key elements to consider.
If you’re wondering how gap cover works, you’re not alone! Medical Aid covers healthcare professions up to a limit, but they charge more. Hence a gap.
Gap cover is the insurance you need for the difference between what the medical aid will pay for a procedure or specialist versus what they actually charge
Critical illness cover is an insurance policy that pays out if you are diagnosed with one of the specific illnesses or conditions on a predetermined list.
You’re more likely to be temporarily out of a salary due to chronic illness or the recovery from a medical procedure. Hence the need for income protection.
Your most valuable asset is likely YOU and your ability to provide an income for yourself and your dependents. See how important life insurance really is.
How to calculate the amount of cover you need for household contents. Being under-insured will have an impact on your claim payout.
By Sumarie Greybe, co-founder at Naked (this is not a sponsored post, but Naked is on the list of brands
It’s usually quite easy to save money on your car insurance by simply phoning around for quotes. It’s tedious and take time, but you can save a lot!