In recent years, short-term insurance premiums in South Africa have grown significantly. In 2022, gross written premiums reached R140.1 billion, reflecting a 9.7% increase from the previous year. This upward trend continued, with an average premium increase of 2.2% from the third to the fourth quarter of 2023.
As we settle into the year, managing finances should be a top priority. February is a good time to review personal budgets
Short-term insurance is a crucial part of financial security, providing a safety net that can keep you on track, even when life takes unexpected turns.
Many policyholders worry that their insurance premiums will automatically spike after a claim has been submitted. This common misconception even deters some people from using their insurance when they need it most.
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The hustle and bustle of the holiday season can easily take over. Year on year, between December and January there is a spike of default on debit orders from customers, due to an increased spend.
MiHelp is here for you 24/7 throughout the festive season. Use the MiWay App or call 08600 767 64 for Emergency Roadside and Home Assistance.
The highly anticipated launch of the Apple iPhone 16 series is just around the corner. Consumers are reminded that high-cost items like these come with their fair share of risk.
As consumers navigate tough economic times, many consider cutting expenses, including their short-term insurance cover to try to save some cash. Unfortunately, this may feel as though money is being saved each month but could end up costing so much more in the long run, if the need to claim arises.
While others may be planning a local weekend getaway at a fun filled destination, some are planning to cross the border into a preferred neighboring country. The last thing you want to hear is that you are unable to enter a country due to missing documents.