by Real People Life | Feb 13, 2020 | Definitions
Let’s face it, we are all going to have to retire one day and rather than sticking our head in the sand, it’s better to know your facts and be prepared. According to the National Treasury, only 6% of South Africans are on the right road to retiring comfortably which...
by Real People Life | Mar 13, 2019 | Definitions
There are plenty of different insurance and savings products on the market, but many people are confused as to the difference between the two. As a result, a frequently asked question is, “What is the difference between a risk and investment product?” Investment...
by Real People Life | Sep 14, 2018 | Definitions
Unfortunately, short-term insurance is something most of us only think about when it is too late. Short-term insurance helps you plan for the unexpected so that seemingly disastrous events like a road accident, theft, a house fire or flood are far less devastating...
by Real People Life | Aug 9, 2018 | Definitions
Ombudsman is a Swedish word that means ‘representative’ or ‘agent of the people’. Sweden had the first ombudsman in 1809 and other countries adopted the word when they began appointing ombudsmen of their own. Ombudsman is an independent office of qualified people...
by Real People Life | Jul 4, 2018 | Definitions
Insurance is one of those things that we know we need, so we get away without reading what it is we are insuring ourselves for, etc. All we know is that insuring for the future is imperative, and so we just do it. Simply put, insurance is a transfer of risk. You take...
by Real People Life | May 29, 2018 | Definitions
Following on from our blog about the Financial Services Board (they changed their name to the Financial Sector Conduct Authority, FSCA, on the 1st of April) earlier this year, I wanted to elaborate on what I meant by an ‘authorised financial services provider’. What...
