As you may or may not already know, September is heart awareness month, which culminates in World Heart Month on the 29th of September. In 2013, The Heart and Stroke Foundation of South Africa published that statistics that revealed that about 130 heart attacks and 240 strokes occur daily in South Africa.
One trend that I have seen in my nine years of being a financial advisor is that whenever there is a downturn in economic conditions, and the cost of living becomes too high, clients tend to cancel their insurance policies or go hunting for new policies which they are told offer better different benefits at lower premiums….
This is a mistake.
Here is a statistic that might frighten you: Over the last 5 years, our offices have seen a massive year-on-year increase in critical illness claims. These range from cancer, to cardio vascular disease, to multiple sclerosis.