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Discovery Life unpacks the hidden costs of winding up a deceased estate

Discovery Life unpacks the hidden costs of winding up a deceased estate

Even though just over 40% of South Africans have funeral cover, only one in 10 South African consumers has life insurance. If the deceased’s estate has a cash shortfall, the funeral and immediate costs may be taken care of, but there are no backup funds available to pay for winding up the estate itself.

Discovery Life making strides in closing the insurance gap

Discovery Life making strides in closing the insurance gap

There are multiple trends that compound to create a more complex financial planning environment for women. Because of persistent socio-economic inequality, women face a large insurance gap. With this context in mind, Discovery Life has built life insurance products which specifically cater to these challenges and risks.

Professor Salome Maswime wins Clinician-Scientist Award

Professor Salome Maswime wins Clinician-Scientist Award

Johannesburg, 27 July 2023: Discovery Foundation is pleased to learn that its recipient and Massachusetts General Hospital (MGH) fellow, Professor Salome Maswime, received the National Science and Technology Forum (NSTF) - South African Medical Research Council (SAMRC) Clinician-Physician Award. This award was for her contribution in the field of Global Surgery in Africa. The accolade recognised h

Diabetes and heart disease: Predictive analytics identify future risk to protect health and life span

Diabetes and heart disease: Predictive analytics identify future risk to protect health and life span

Issued on behalf of Discovery Health Medical Scheme (DHMS)
Here’s a potentially life-saving equation: Regular health checks plus innovative predictive analysis equal a good chance of identifying (and subsequently, treating) serious diseases early on. This approach ensures investment into one’s lifespan and health span. How is this being applied to tackling common noncommunicable diseases like d

Pothole Patrol takes on a new partnership that’s geared to continue making a marked difference for all South African road users

Pothole Patrol takes on a new partnership that’s geared to continue making a marked difference for all South African road users

Johannesburg, 29 June 2023: Today Discovery Insure and Avis Southern Africa announced a partnership to support the Discovery Pothole Patrol in Johannesburg. The partnership will see the two companies working together to identify and repair potholes on major roads in the city.
Pothole Patrol was initially launched in May 2021 to support the Johannesburg Roads Agency (JRA) and the City of Johann

Discovery Life clients receive R11bn in 2022 through claims and Shared-value pay-outs

Discovery Life clients receive R11bn in 2022 through claims and Shared-value pay-outs

Johannesburg– Discovery Life’s annual claims review reveals a total of R11 billion was returned to its clients in 2022 in claims linked to uncertain, life-altering events and shared-value benefits. These pay-outs comprised of R9.1 billion in individual life and group life claims and R1.9 billion in PayBack and Cash Conversion payments to clients for managing their health and wellness.
While CO

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