- Approximately two-thirds of surveyed Gen Y workers aged 21 to 31 are very concerned about their family’s financial security if the principle wage earner is unable to earn an income due to illness or injury, which may not be surprising given that nearly half this demographic admit they are living paycheck-to-paycheck. However, the situation is even more precarious because only about half of Gen Y workers surveyed say they have any income protected with disability insurance. http://www.insurancenewsnet.com
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Company directors and officers can be personally ruined by litigation, says John Neaves of Norton Rose Attorneys – and every director is entitled to the protection of proper Directors and Officers (D&O) insurance.http://www.itinews.co.za
- Vodacom has received the go-ahead to enter the South African insurance market, having been recently awarded a long-term insurance license by the Financial Services Board (FSB). This licence, along with the short-term license granted earlier this year, allows Vodacom to underwrite and sell insurance products.http://www.itinews.co.za
- Bluefin, the UK national insurance broker, has urged businesses to take measures to help prevent the theft of catalytic converters from fleet vehicles.http://www.insurancedaily.co.uk
- Over 6 million Britons aged over 50, representing 28% of the population, have no pension plan in place and look set to rely on the state pension in retirement, according to LV=’s latest report entitled State of Retirement.http://www.insurancedaily.co.uk

Short and sweet
Offering some gems