Guides
Insurance
The schedule is the product: who is covered, for how much, after which waiting period.
Funeral cover, life cover, car insurance and a medical scheme solve different problems. A salesperson who treats them as one product is a reason to slow down.
WiT Money does not sell policies.
How to use this section
Read the guide, then open the comparison or calculator it links to. If a comparison has no live figures, that is deliberate. Unverified rates are not published.
Guides in this section
How funeral cover works in South Africa
Funeral cover pays a cash benefit when a covered person dies, usually after a waiting period. It is not a savings plan and it is not a bond settler. Reviewed 28 October 2026.
Read guideHow insurance works in South Africa
You pay a premium. The insurer pays a defined claim if the event is covered and you met the conditions. The schedule is the product. Reviewed 29 October 2026.
Read guideCar insurance and home insurance
Comprehensive car cover and third-party cover do different jobs. Buildings insurance and home contents insurance do too. Underinsurance cuts the claim. Reviewed 29 October 2026.
Read guideLife cover, disability cover and credit life
Life cover pays a lump sum if you die. Income protection pays a portion of income if you cannot work. Credit life settles a specific debt. They are not interchangeable. Reviewed 29 October 2026.
Read guideHow to verify an insurer or intermediary
The company that advertises the policy, the insurer that underwrites it, and the adviser who sells it can be three different firms. Check the one you are dealing with. Reviewed 29 October 2026.
Read guide
Calculators and comparisons
Questions readers ask
Is this advice?
No. It is general information for South African readers. Personal recommendations belong with an authorised financial services provider.
Sources
Page updated 28 October 2026. A source date is the day WiT Money checked that page, not a promise the institution has not changed it since.
- Financial Sector Conduct Authority
Financial Sector Conduct Authority · checked 28 October 2026
- National Credit Regulator
National Credit Regulator · checked 28 October 2026