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Illustration: Colin Daniel
You may think that the best life assurance policy for you is the one with the lowest premium. But today’s cheap premium may turn into tomorrow’s ever-increasing cost. Do you know how your life assurer will increase the premiums over the term of the policy? How will your premiums be re-priced once any premium guarantee period has expired? And what will happen if you want to extend the term of the contract? Personal Finance unpacks what you should know about how life policy premiums are priced, and advises what you should find out before you commit to a life assurance contract.
Also in our weekend print edition:
* Some financial advisers still trying to dodge consumer interests
* Important lessons for you in recent rulings by the Pension Funds Adjudicator
Personal Finance is published every Saturday in the Pretoria News Weekend, the Saturday Star, The Independent on Saturday and the Weekend Argus.
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