To die so that another can live – why insurers need to rethink the red tape

GUEST – Berniece Hieckmann, Executive: Strategy, Business Transformation & Business Optimisation at Metropolitan <br /> <br /> The article discusses: <br /> <br /> Why funeral cover is seen as a wealth creator within a South African context, and prioritised over life cover <br /> The legal definitions of 'insurable interest' and 'unjust enrichment' - and the grey area surrounding their application <br /> Rethinking how we, as insurers, design our financial products to better meet emerging market realities <br /> This culture of reciprocity that is deeply engrained within the African psyche, and why insurers should not ignore this or red tape it away. <a href="http://www.kayafm.co.za/">Kaya FM </a>