Calculating the risk-free premium | Business

I have discussed the concept of danger pay on a few previous occasions. Basically, this term was mostly associated with soldiers who were required to work in very dangerous areas.

These days it can even include special types of insurance benefits against events like kidnapping for families whose occupations require them to relocate to areas where the risk of abduction is high. Whatever the package entails, in essence it refers to extra benefits or compensation for people who are risking their lives to work in dangerous places, amongst other things.

Many individuals find these benefits extremely attractive, but it’s crucially important that whoever considers them is aware of the associated dangers. In most cases, workers must be willing to pay with their lives in exchange for a few extra thousand rand per month.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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Weapon sales rise as SA kidnapping wave is compared with Colombia | BusinessThree in four people in SA's violent and crime-ridden suburbs don't feel safe in their neighbourhoods. The spate of kidnappings and the rise in gang violence aren't making things better. 5 rapes and 3 murders per hour. But pit bulls. Reform the police. Give the death penalty to murderers ,rapist, drug dealers and anyone found guilty of curruption. I bet you'll see crime statistics come down in about 6 months. List these suburbs/areas
Source: News24 - 🏆 4. / 80 Read more »