It was going to happen sooner or later and you were always going to be the loser. What am I on about? Behind the scenes, there is a battle going on between two industries – the medical schemes and the insurance companies. The loser has always been the insurance...
The thing about insurance is that we seldom ask enough questions. You think we would investigate things thoroughly before committing to an insurance policy purchase with a long term fixed monthly premium, but that’s not necessarily the case. We know we need the cover,...
The short answer is, it depends who you have your medical aid gap cover insurance with. Generally, the guys in the gap cover business apply a three month general waiting period before you can claim against your policy. That simply means that no claim will be paid in...
So suddenly you are in the market for medical aid gap cover insurance? Your partner has heard a few real life horror stories about hospital bills not being paid in full by medical aid schemes and you’ve been tasked to get this insurance cover in place. Like pronto!...
So what’s in a name I hear you ask? Quite a bit actually. Medical Gap Cover and Medical Aid Top Up cover might look like the same product on the surface but when you drill deeper you will find a significant difference between them. Medical aid top up insurance does...