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How to reduce your insurance premiums

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Johannesburg - According to the latest Momentum/Unisa South African Household Wealth Index, the ability of South African households to buy durable goods and repay their debts has worsened considerably over the past year.

The decline in households’ net wealth – which is the value of their assets minus their liabilities – means that a growing number of households struggle to maintain their current lifestyles and find it increasingly difficult to recover from unexpected shock expenses, such as the cost of medical treatment, a car accident or theft.

All of this means that insurance has an increasingly important role to play when it comes to ensuring your finances remain stable.

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