Personal Finance | Increase in depression and cancer diagnoses are driving up insurance claims | City Press

Claims paid due to death decreased by 38% compared with 2021. However, claims for critical illness and lump sum income protection rose by 13%. The main driver of these has been cancer claims. Liberty has also seen a rise in claims for mental illness, including depression. Photo: Getty Images

While death claims have fallen significantly since 2021, when the Covid-19 Delta variant claimed the lives of so many, other claims are on the rise.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.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cape Town named Africa's best city brand by Brand Finance City IndexCape Town grabs yet another global accolade to add to its ever-growing collection. The Mother City has been ranked as Africa's best city brand and 60th globally, followed by Johannesburg in 72nd spot, according to the inaugural Brand Finance City Index released today.
Source: CapeTownEtc - 🏆 17. / 63 Read more »

Ghana receives first $600 million tranche of $3 billion IMF loan, finance minister saysGhana's Finance Minister Ken Ofori-Atta said on Friday that the first $600 million tranche of a $3 billion, three-year extended credit facility has been received.
Source: ReutersAfrica - 🏆 31. / 53 Read more »

Sanlam at forefront of sustainability with blended finance fundsSPONSORED | The Climate Investor Funds have created 8,000 jobs and given 1.1-million people improved access to renewable energy
Source: BDliveSA - 🏆 12. / 63 Read more »

Personal Finance | How to select the right life and disability cover for you and your family's needs | City PressPutting together the right blend of insurance cover for your needs is important. We should not only be focused on insuring death, because during our working life we are statistically more likely to suffer from an event such as illness or disability
Source: City_Press - 🏆 7. / 72 Read more »