By Newsbreak Producer Hoosen Ebrahim - The National Financial Ombud Scheme is calling on life insurers to strengthen verification measures amid growing concerns over alleged murder-for-payout schemes in South Africa's insurance industry. The NFO says insurers should require proof of informed consent before issuing funeral policies to help prevent abuse. It has also warned that legitimate claims should not be left unresolved because of lengthy police investigations. Adjudication Manager at the Life Insurance Division of the NFO, Nceba Sihlali explains...

<p>By Newsbreak Producer Hoosen Ebrahim - The National Financial Ombud Scheme is calling on life insurers to strengthen verification measures amid growing concerns over alleged murder-for-payout schemes in South Africa's insurance industry.&nbsp;The NFO says insurers should require proof of informed consent before issuing funeral policies to help prevent abuse. It has also warned that legitimate claims should not be left unresolved because of lengthy police investigations. Adjudication Manager at the Life Insurance Division of the NFO, Nceba Sihlali explains...</p>

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