The Financial Coach

MANAGING PEOPLE AND THEIR EMOTIONS AROUND MONEY

The numbers dont lie…

Following on from my post last week about direct insurers being so much more expensive than normal insurance companies (even at full commission) I thought I would get a few quotes from them. I asked for R1million life cover for a 44 year old male, non-smoker, top income and health bracket and this is what …

Lies, damned lies and direct insurance!

There seems to be a big drive by the direct life insurers at the moment with vast amounts of money being spent on some very expensive prime time television advertising…Outsurance Life is the latest culprit. The direct insurers may differ slightly but their big claims are all the same…”cut out the middleman”, “no broker, no …

DIY by all means, but…

I have long been an advocate of people doing their own financial planning. Far too many vested interests in the industry would have us believe that Financial Planning is too complex for individuals to do their own and that as a result they need the services of an advisor/financial planner. Bollocks I say. There is …

OUT is not In!

About 2 weeks ago I responded to an online advert by OUTsurance for Life cover at significantly reduced premiums (because they were cutting out the advisor and therefore the commission). Within “minutes” I received the following email from them acknowledging my request for a quote: “Thank you for requesting an insurance quote from OUTsurance! We …