Life Insurance from 1Lifedirect  

Online Services

 

  Life Insurance

 

  Car Insurance

 

  Finance + Loans
    Home Loans
    Medical Aid
    Vehicle Finance
  Flights   Book Flights
Short Term Insurance    |    Life Insurance    |    Investments    |    Medical Aid    |    Companies    |    News    |    Resources
     

Home Loan Insurance

Enables homeowners to maintain monthly bond repayments in the event of illness, disability + death. From only R80 a month.

 

How Much Life Cover?

Not having enough life cover is just as dangerous as having no life insurance at all but how much do you actually need?

     

Personal Insurance

 

Car Insurance

Household Insurance

Homeowners Insurance

Medical Insurance

Funeral Insurance

Legal Insurance

Pet Insurance

Life Assurance

Credit Life Insurance

Bond Insurance

Travel Insurance

Commercial Insurance

Financial Advice

Investments

 

 

Auto & General

Budget

Dial Direct Insurance

First for Women

 

 

Multi-Prof Brokers

Find an Advisor

 

 

1Life

SANLAM

 

 

Complex Wills

Will & Testament

 

Hints & Tips

 

Insurance Quotes

Insurable Interest

Insurance Ombudsman

Insurance Companies

Life Insurers

Short Term Insurers

 

Explanations

 

Under Insurance

Personal Accident Cover

Personal Legal Liability

Extended Liability (PLIP)

Knock for Knock

Market Value Calculation

No-Claim-Bonus

Pro Rata Premium

Excess

SASRIA

 

 

Insurance Directory

Financial Directory

Health & Medical

Financial Services Board

Insurance Brokers Council

Insurance Fraudline

Find an Advisor

ITInews

SAIA

 

 

 

 

 

The South African Insurance Association ("SAIA"), represents almost all of the short-term insurance companies and is authorised to negotiate on their behalf. It has 51 members, with a chairman and deputy-chairman elected from  its Board, which governs the Association. The current chairman is Ronald Napier, Managing Director of Lloyd's and deputy-chairman is Nick Beyers of S A Eagle Insurance Company Limited.

The SAIA members abide by a Code of Conduct.

The SAIA supports Business Against Crime and the SAPS in combating crime, through participation in initiatives such as the Parts Marking Project and the National Vehicle Database and by donating mobile police stations. The SAIA is also a member of Business South Africa and is represented on the Governing Body, the Standing Committees on Economic Policy and Social Policy as well as the Committee for Education and Training.

Core functions of the SAIA are:

  • The representation of its members' interests to the public in a proactive manner.

  • The representation of its members' interests to government at all levels.

  • The provision of a forum for discussion of common interests in the short-term insurance industry.

  • The facilitation of information flow among its members.

  • Interaction with all associations operating within the insurance industry, both locally and abroad.

  • The setting of appropriate technical standards for the industry.

Visit their website at www.saia.co.za for more information.

Related News

INSURANCE FOR THE EMERGING MARKET 

The South African Insurance Association (SAIA) would be launching its Mzansi insurance product for shack dwellers to match the Mzansi bank account within the next few months, said Leila Moonda, a spokesperson for the association. 

She explained that the product had already been “designed” and was awaiting approval from SAIA, the Financial Services Board and the competition authorities.

“We need competition approval,” she added, because the product to be launched would be collective and the competition authorities would have to be satisfied that there was no harmful collusive behaviour among insurers. Collusive behaviour refers to an agreement to fix a price for a product or service. 

The new product will cover the household possessions of those earning less than R3 000 a month and premiums will range from less than R25 a month to R150 a month. It will cover not only the contents but also the structure of the dwellings, including shacks. 

Moonda added that the Mzansi insurance would conform to the requirements of the

financial services char ter signed by the banks and insurance companies in 2002. These include affordability and accessibility. 

Santam will be launching its product designed for the emerging market in March.

Source:  Santam e-focus

DIRECT INSURERS APOLOGISE

Direct insurers have apologised to brokers for advertising that slates intermediaries, and pledged to halt this practice after the Insurance Brokers Council (IBC) raised concerns about conflicting advertising messages with the South African Insurance Association (SAIA). 

The IBC, independent broker representative body with some 4 000 members nationwide, maintained that these conflicts were damaging the industry as a whole. SAIA members include both direct insurers and companies that rely on brokers. 

Willem Roos of OUTsurance apologised for the offending adverts and pledged to pursue advertising that would no longer discredit the role of brokers. 

Justus van Pletzen, CEO of the IBC, said:  “We have always maintained that there is room for all the players in the industry, but brokers do not have the resources at their disposal to counter the vast amount of money that is being spent on spreading misinformation.  This result will get us all closer to our goal of building consumer confidence in the insurance industry as a whole.”

Source:  Santam e-focus

 

 

Insurance Newsletter

 

E-mail

 

Name

   Sign Up

 

 

 

Medical Fund | Netstar | Car Insurance Quotes | Life Assurance | Bond Insurance

Travel Insurance | Medical Scheme | Hospital Plan | Life Insurance | Home Loans

Copyright © www.insuranceza.co.za  All Rights Reserved       Contact us:  info [at] insurance.za.org

No material may be published or reproduced in any form whatsoever without prior written permission.

Reliance on the information contained in this site is at your own risk.

 

Terms of Use  |  Disclaimer  |  About Us

hit counter