South African Life Insurers have been going through the claims statistics from the last year and have spotted an alarming trend.
The latest South African Customer Satisfaction Index shines a light on the best and worst life insurers in SA.
Over 13 000 fraudulent life insurance claims were foiled in 2016 in South African alone, and these were the most common cons people tried to pull off.
A mysterious billionaire has set a new Guinness World Record for having the most expensive life insurance policy, $201 million. On top of that the annual premiums on the policy are costing the unknown billionaire a couple of million dollars.