Discussion | Offshore Life Insurance | South Africans diversifying risk cover

Monday 22 July 2024 – 08:52am

JOHANNESBURG – More and more South Africans are opting for life cover in US dollars.

This diversifies their risk cover to include life insurance that pays out offshore.

READ: Concern over rising cases of insurance fraud

That’s according to Discovery Life’s 2024 Dollar Life research paper.

Discovery Life Deputy CEO, Gareth Friedlander, spoke to eNCA.