Advertise Here


IconAssociations and Institutes
IconBBBEE Consulting and Verification Agencies
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconFinancial Planners
IconLife Insurance Companies
IconLife Insurance Products
IconOnline Quotes
IconPublic Loss Adjustors
IconRe-insurance Companies
IconRegulatory Authorities
IconSocial Grants (Government)
IconWellness Programs
Advertise Here
  Subscribe To »

1Life stats confirm the importance of healthy living amidst a possible second wave






Mortality rates obtained by 1Life indicate that there has been a 233% increase in deaths between July and September this year, compared to last, with a massive increase in respiratory-related deaths.


“Covid has taken its toll on South Africans – as it has the world over – and it is clear from the stats that people’s health, whether Covid related or not, has been compromised,” says Laurence Hillman, CEO at 1Life.


“With such a large increase in deaths, we are concerned about the state of health in the country where our previous research already indicated an increase in breast cancer deaths over this time. Together, these stats indicate that people are likely not getting treated for chronic illnesses or terminal disease, or rather, they are not going for regular check-ups. As we face a possible second wave in the coming months, it becomes crucial that we educate consumers around the importance of maintaining their regular health check-ups and not be afraid to go to their GP or specialist when they need to – or risk major health complications.”


Furthermore, the research also indicated that, of these deaths, less than 1% were smokers and the average BMI of this sample was 22 – well within the acceptable range for a healthy individual.


“These stats indicate that consumers shouldn’t take a ‘wait and see’ approach. Even those that are healthy need to plan around potential illness and ensure that they are taking active steps to live a healthier lifestyle, such as going for a short walk each day, getting enough sleep and eating well – coupled with regular check-ups, especially those with chronic or terminal illness,” says Hillman.


Research has shown that making simple changes in one’s lifestyle can lead to large health gains but similarly, the future is unpredictable and planning for the unforeseen is just as critical.


“Death and taxes are two of life’s certainties and so, while we can and should live healthier lives, one still needs to consider the importance of protecting your family’s financial future – should you no longer be around,” continues Hillman. “Life, dread and funeral insurance are critical considerations to your long-term financial planning – you never know when it’s your time and so, while no one likes to think about these things – it is important to keep this as part of your financial consideration set.”  


In South Africa, research conducted earlier this quarter indicated that 12% more women have life cover than men, with only 4% of consumers sampled having dread disease cover.


“Information like this shines a light on not only where the financial responsibility sits, but importantly, where the lack of financial cover is and what consumers should be considering from a financial planning perspective. There is talk of a resurgence of Covid in South Africa and while we certainly hope this doesn’t happen, the reality is that it may and the numbers we have presented speak for themselves. Consumers should consider their wellbeing now by getting their health – as well as their financial planning – in order as while we can’t always prevent the inevitable, we can plan for it,” concludes Hillman.


About 1Life:

1Life – formally known as 1Lifedirect - owned by Telesure Investment Holdings, is a registered Financial Services Provider and are 100% FAIS compliant. Launched in March 2006, the company provides an alternative long-term insurance solution with products that are simple, convenient and tailored to every client’s need and affordability. 1Life believe that financial solutions should change lives, not just the situation that clients find themselves in, and they have made Changing Lives the cornerstone of their business ethic. They pride themselves on being South Africa’s first truly direct life insurer and offer obligation-free advice to provide the right cover according to an individual’s needs and life stage, and are able to adjust this cover as significant life changes take place. 1Life have a solvency Capital Adequacy Ratio of 2.6%, is reinsured by Hannover Re and is fully committed to Black Economic Empowerment.


Source: 1Life
« Back to previous page Print this page » |

Breaking News »


The Protection of Personal Information Act (POPIA) has been in the making for a while, with certain aspects already introduced. It is finally set to come into full effect after President Cyril Ramaphosa said, in ...
Read More »


The importance of having a Will

Drawing up a Will can be a very sensitive and uncomfortable subject but as death is inevitable, it is always better to be prepared. As a legal document expressing your last wishes, a Will may well be the most important ...
Read More »


What will Finance Minister Tito Mboweni's 2020 Medium Term budget offer?

South Africa's economic recovery plan The plan is aimed at fast-tracking the recovery of the economy from the devastation caused by the COVID-19 pandemic. It outlines government's plan to revive the ...
Read More »


Beneficiaries of fully underwritten life policies receive R16.7 billion in death benefits in 2019

South African life insurers paid 99% of all claims against fully underwritten individual life policies in 2019 to a value of R16. 7 billion. The 2019 annual death claim benefit statistics for fully underwritten ...
Read More »


More News »


Healthcare »


Investment »


Retirement »


Short-term »

Advertise Here
Advertise Here

From The Glossary »


Forcible And Violent Clause:

A clause used to limit the scope of cover in the case of theft from fixed property. Both force and violence must be used to gain entry and exit.
More Definitions »






Contact IG


Media Pack


RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2020. All Rights Reserved.