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No ma'am, no ham, no turkey !😂🙅🏾‍♂️ You can’t just take out a life insurance policy on somebody because you want to collect money when they die. 😭 There are rules to this! First, you generally need an insurable interest, meaning you have a legitimate financial reason to insure that person’s life. This could include a spouse, business partner, or someone whose death would financially impact you. Second, the person being insured generally has to know about and consent to the policy. That usual
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Replying to @sedzani.onyinye.s Claims for business insurance that you are a policyholder for will have an impact on your personal insurance. However claims for a registered business that you are a director of, will not affect you if the insurance is taken under the business name. DISCLAIMER: ⛔🚨I have realised that some insurers operate differently so always consult with your insurance for guidance. #carinsurance #fyp #southafricatiktok🇿🇦 #businessowner
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