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Stay up to date with the latest news and happenings with the Lifetime blog. A library of thought-provoking articles to inform and enlighten on all things loans, insurance, investments and planning. 

I grew up in South Africa, a country in which once you leave home and get your first full-time job, your parents immediately ask: ‘Do you have your health insurance sorted?’

For me that question came at a time when all I wanted to do was buy a lounge suite with my first pay cheque. But, knowing that I had to prioritise my health, the furniture had to wait.

There is a public health sector in South Africa but it is chronically understaffed and underfunded, and the wait times are astronomical. This means we’ve learnt to adopt a culture where health insurance is just another one of those protections you need.

If I’m going to insure my belongings – my car, my contents, my house – then why wouldn’t I protect my biggest assets – my health and therefore my ability to earn an income?

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16th Jan by Lydia von Rönge

I grew up in South Africa, a country in which once you leave home and get your first full-time job, your parents immediately ask: ‘Do you have your health insurance sorted?’

For me that question came at a time when all I wanted to do was buy a lounge suite with my first pay cheque. But, knowing that I had to prioritise my health, the furniture had to wait.

There is a public health sector in South Africa but it is chronically understaffed and underfunded, and the wait times are astronomical. This means we’ve learnt to adopt a culture where health insurance is just another one of those protections you need.

If I’m going to insure my belongings – my car, my contents, my house – then why wouldn’t I protect my biggest assets – my health and therefore my ability to earn an income?