Insurance product aims to support students
By Thandisizwe Mgudlwa
A new iniative aimed at supporting South Africa's vulnerable students has been widely welcomed.
The new insurance product launched to SA's 800,000 registered students aims to specifically tackle the everyday vulnerabilities that can halt a learner's studies in their tracks.
Given the typical risks and exposure to crime that is associated with life on campus and within shared student accomodation, the affordable cover (unmatched at R99 per month) seeks to fill a gap left by other insurers in covering critical items such as cell phones, laptops, and assisting with covering student fees lost that cannot be covered in the event of death of a sponsor, bursar or parent.
Currently a great number of students are on the government financial aid scheme, the...