With the economy still reeling and unemployment growing
, many people face the scary prospect of not being able to pay their insurance premiums. If you don't pay your premium it will lapse and then you will really be in a mess if anything goes wrong. Many people in South make the mistake of thinking that insurance is a nice to have luxury and their insurance policies are the first things to go when they hit a rough patch. This is a serious mistake, as your insurance may the one thing that saves you when the unexpected happens.
No matter how tough times may get in South Africa, and certainly they may remain so for a while, insurance is an ever present reality from which we cannot shy away and we would all do well to review our status on at least a six monthly basis.