momentum

  1. C

    Best/Most reasonable Life insurance cover

    Hi there, looking for recommendations for best Life insurance in SA - obviously most helpful to hear from people who have benefited from it? As people paying for life insurance right now dont actually benefit from the money. Looking for whats best for my future kids. My circumstances...
  2. Jan

    South African insurance companies are adding an explicit exclusion for total grid collapse to policies

    South African insurance companies add exclusion for total Eskom grid collapse Several big South African insurance companies won't cover their customers for certain damages related to the failure of Eskom's power grid. Moneyweb first reported on the development after seeing an email that...
  3. Hanno Labuschagne

    Employees explain how CompCom's major insurance raid went down

    Employees explain how CompCom's major insurance raid went down Employees of eight major long-term insurance companies raided by the Competition Commission were shocked after numerous inspectors and police officers barged into their offices last Thursday. The commission had obtained warrants to...
  4. Jan

    Competition Commission raids 8 long-term insurers for alleged collusion

    Competition Commission raids 8 insurance companies for alleged collusion — including Discovery, Sanlam, and Momentum The Competition Commission conducted search and seizure operations at the premises of eight major insurance companies in South Africa on Thursday, 25 August 2022. The commission...
  5. Jan

    Many private Covid-19 vaccination sites in South Africa are shutting down

    South Africa is shutting down many Covid-19 vaccination sites Many private Covid-19 vaccination sites in South Africa are shutting down because they are no longer financially viable. At the same time, public sites might also function at a lower capacity as the sector is shifting its attention...
  6. Jan

    Grace period for driver's licences must be extended - Western Cape

    Driver's licence disaster far from over In light of the ongoing driver's licence backlog in South Africa, the Western Cape Department of Transport (DoT) wants the grace period for expired cards to be extended past March. If the grace period is not extended, South African citizens will need to...
  7. M

    Momentum App Data Usage

    If you wondering where your data has gone and you are with Momentum, look no further! The app is hammering my mobile data each month. Over 500mb per month. Anyone else experiencing this or is just me? I assume its to track your movements for safe days. But geez, seems a little extreme.
  8. J

    Momentum Metropolitan warns shareholders of cyberattack on subsidiary's website

    Momentum Metropolitan warns shareholders of cyberattack on subsidiary's website Momentum Metropolitan, the parent company of Momentum, has alerted shareholders of a data breach on the website of one of its subsidiaries. The company did not state which subsidiary's website was targeted by the...
  9. shooter69

    Leaving your funds in retirement fund after resignation is a very bad idea

    Background : I worked for a company for 2 years and we had a compulsory Funds at work fund with Momentum. about 5 months ago I resigned and joined a new company with a new pension fund. I decided to leave my retirement fund in tact so it can grow. (Worth R94k at the time of resignation)...
  10. msquared

    Changing Insurance Brokers

    I am looking at changing the insurance brokers we use at the company as we have lost faith and trust in our current brokers. The insurance involved is Momentum life policies focused on shareholders and keyman as a frame of reference. I have approached another broker but they are telling me...
  11. vorman

    Momentum LifeQ Study

    Momentum Health Members, any one seen emails regarding the LifeQ study with Momentum. Any one actually get chosen for the study?
  12. L

    Missing Pension Preservation Fund

    I am not sure if I am in the correct forum, but I would like some advice on the following. I change employer in 1995 and received a letter from Alexander Forbes stating that my pension from my previous employer was transferred to the Sage Life Preservation Pension Fund. I was going through my...
  13. G

    Financial adviser

    I take care of my own finances and financial planning but to retain my Multiply reward level I need to go for an annual review with a Momentum accredited financial adviser. The adviser need to complete this Declaration of Financial Review and Product Coverage form...
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