According to the annual KPMG Insurance Survey, the short-term insurance industry has seen increased pressure placed on performance thanks to low domestic economic growth and rising costs. For the consumer, these trends bode well for personal financial investment and securing the future. Now is a great time to make sure that assets are insured and secured as consumers are more protected than ever and insurers are offering an increasingly diverse array of solutions. “For many, short-term insurance is not top of mind from a personal finance perspective and is often only considered after life and funeral cover is in place,” says Dawie Buys, manager of risk at the South African Insurance...
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