Consumers are advised to take out Credit Life Insurance, as their debt doesn't disappear when they die. When someone dies, their debts are generally paid out of the money or property left in the estate. If the estate can't pay it and no one shares responsibility for the debt, it may go unpaid. To unpack this further, we are joined on the line by Salem Nyati, Consumer Financial Education Specialist at Momentum Group.

<p>Consumers are advised to take out Credit Life Insurance, as their debt doesn't disappear when they die. When someone dies, their debts are generally paid out of the money or property left in the estate. If the estate can't pay it and no one shares responsibility for the debt, it may go unpaid. To unpack this further, we are joined on the line by Salem Nyati, Consumer Financial Education Specialist at Momentum Group.</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>