The Importance of Personal Accident Insurance
Tag: Personal Insurance
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The Importance of Personal Accident Insurance
What is Personal Accident Insurance? Personal Accident Insurance provides financial coverage in the event of an accident resulting in injury, disability, or death. Unlike life insurance, which primarily covers the policyholder’s death, Personal Accident Insurance focuses on accidents that cause bodily harm. This type of insurance is designed to help individuals and their families cope…
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Understanding Winter Insurance Claims: What’s Covered and What’s Not?
As South Africans, we’re all too familiar with the harsh realities of our environment. This past month has been a stark reminder, as at least two tornadoes were recorded in the north of Durban, hail in Umhlanga, snow in the Northern Cape, and heavy rains and strong winds in the Western and Eastern Cape as…
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Insurance Fraud: A Guide to Protecting Yourself
In times of economic hardship, individuals may feel the weight of financial strain pressing down on them, sometimes leading to desperate measures. One such avenue is insurance fraud, a deliberate deception to gain financial advantage from insurance companies or agents. Insurance fraud manifests in various forms, from staging accidents to fabricating injuries or orchestrating complex…
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Inside Signature: How Tailored Insurance Solutions Are Changing the Game for High-Net-Worth Professionals
According to the latest Africa Wealth Report published by Henley & Partners, South Africa has become home to the highest number of high-net-worth individuals in Africa, more than double that of any other country on the continent. While still relatively small, these HNWIs currently hold over 40% of the total private wealth in the country.…
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Travel Insurance: Winter Holiday Plans and What You Need to Know
As winter approaches, many South Africans are gearing up for their holiday, with plans to embrace the season in our home country or escape the chilly weather by visiting warmer destinations abroad. However, amidst the excitement of planning winter getaways, one crucial aspect often gets overlooked—travel insurance. At RBS, we understand the importance of safeguarding…