About this episode

The episode discusses the insurance protection gap in South Africa and offers strategies for advisors to identify and address these gaps.

How well protected are South Africans really? According to Old Mutual's latest claims experience and the findings of the ASISA Protection Gap Study, the answer is: not nearly enough. In this conversation, Tony van Niekerk sits down with Arno Jansen van Vuuren, Head of Product: Retail Marketing, Old Mutual, to unpack the realities behind South Africa's widening insurance protection gap. Using real claims data alongside industry research, Arno explains why severe illness claims continue to rise, why cancer remains the leading driver across multiple benefit categories, and why underinsurance affects even affluent consumers. The discussion explores why affordability alone cannot explain the protection gap. Instead, many consumers underestimate both their personal risk and the long-term financial consequences of illness or disability, while overestimating the protection they already have in place. For advisers, the conversation offers practical guidance on identifying these gaps through better education, more meaningful client conversations and regular financial reviews that evolve alongside changing life stages. Arno also discusses how product flexibility and solutions designed…

People in this episode

Host: Tony van Niekerk

Guest: Arno Jansen van Vuuren

Topics covered

• insurance protection gap
• financial planning
• client education
• claims trends
• underinsurance

Mentioned in this episode

Organizations: Old Mutual, ASISA

Places: South Africa

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