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iol.co.za > news > south-africa > 2026-03-02-how-to-avoid-the-pitfalls-of-underinsurance-dispute-over-stolen-ring-ends-with-a-r95k-penalty

Stolen R95k ring payout sparks insurance shock: Why home contents must be updated

1+ week, 4+ day ago  (568+ words) The Non-Life Insurance Division of the National Financial Ombud Scheme warns against hidden risks in insurance claims. Insurance is meant to be a safety net; for some policyholders, that net unravels when it matters most, as the owner of a…...

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iol.co.za > business > 2026-02-18-die-breaking-the-law-dont-expect-a-life-insurance-payday

Die breaking the law? Don’t expect a life insurance payday

3+ week, 2+ day ago  (552+ words) The National Financial Ombud Scheme (NFO) has warned that life insurance claims can be denied if the insured was involved in criminal activity at the time of their death. According to the financial watchdog an insurer refused to pay out…...