A TOTAL of 67% of sickness and dis- ability income claims were paid to clients under 45, this is according to the latest Sanlam claim statistics for 2023.
According to the financial services group, this highlights a significant trend in the needs of younger clients.
The group said in 2023, Sanlam paid out R10.7 billion in claims across both Sanlam Group risk and Sanlam risk and savings. Sanlam risk and savings paid more than R6bn for claims, amounting to R18 million in payouts every working day.
Sanlam risk and savings pro- duct actuary Petrie
