Document Detail


South Africa: the new world of disability.
MedLine Citation:
PMID:  19119593     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
Over the past 10 years, unique business imperatives in South Africa have led to innovative risk product design, some of which are still unfamiliar to the rest of the world. The main drivers are: the unique mix of first- and third-world societies in our country, and an energetic marketing force operating in an already highly saturated insurance market. As a result, new product design has become one of the most effective ways to grow new business volumes in this competitive environment. This article reviews some of the unique products available and their advantages, target markets and disadvantages. The products that are discussed include lump sum total and permanent disability benefits, extended critical illness products, cover for impairment of function as well as risk products for people living with HIV/AIDS.
Authors:
Pieter Coetzer
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Publication Detail:
Type:  Journal Article; Review    
Journal Detail:
Title:  Journal of insurance medicine (New York, N.Y.)     Volume:  40     ISSN:  0743-6661     ISO Abbreviation:  J Insur Med     Publication Date:  2008  
Date Detail:
Created Date:  2009-01-05     Completed Date:  2009-01-29     Revised Date:  -    
Medline Journal Info:
Nlm Unique ID:  8401468     Medline TA:  J Insur Med     Country:  United States    
Other Details:
Languages:  eng     Pagination:  130-5     Citation Subset:  T    
Affiliation:
Sanlam. coetzer@sanlam.co.za
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MeSH Terms
Descriptor/Qualifier:
Chronic Disease / economics
Critical Illness / economics
Disabled Persons*
HIV Infections / economics
Humans
Insurance Coverage / organization & administration*
Insurance, Life*
South Africa
Workers' Compensation / organization & administration*
Comments/Corrections
Comment In:
J Insur Med. 2008;40(2):92   [PMID:  19119586 ]

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


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