Moonstone Investment Indicators – 3rd November 2025
Raising a family on a single income is no easy feat, particularly when unexpected medical bills start to pile up. Even the most comprehensive medical scheme plans don’t always protect against co-payments and shortfalls, which can leave single parents vulnerable. A routine procedure or specialist consultation can quickly translate into thousands of rands in out-of-pocket expenses, stretching budgets to breaking point. Gap cover plays a crucial role here, stepping in to bridge the gap between what a medical scheme pays and what healthcare providers charge.
For single-income households, the structure of this cover makes a world of difference. A “one-family, one-premium” option means the entire household, whether one child or several, is covered for the same monthly cost. This predictability is a lifeline, allowing parents to plan around fixed expenses instead of worrying about multiple individual premiums. In today’s economic climate, where rising tariffs and specialist fees continue to outpace salaries, this stability helps to keep healthcare within reach. Over time, the savings gained from a family-wide premium can add up significantly, freeing up resources for other essentials such as school fees, transport, or groceries.
Flexibility still matters, of course. For younger individuals or couples without children, an individual rate may be the smarter financial choice. But as families grow, or circumstances change, a shift to family-wide cover ensures no one is left exposed. For single parents, this flexibility is particularly valuable helping them to adjust their protection as life unfolds without carrying unexpected costs in between.
Avoiding costly oversights
The key is not to wait until a crisis to check whether the right cover is in place. Often, people only discover the gaps when they try to claim; by then, it’s too late. For example, if a child is born but never added to a family plan, their medical shortfalls won’t be covered. Similarly, if a spouse or dependant is left off a policy, their healthcare costs will fall directly on the household budget. For a single parent, shouldering those costs alone can be devastating, which makes regular policy reviews essential. Making time to check that your cover aligns with your family’s current needs can prevent financial strain down the line.
Because the medical scheme landscape is complex, having the right guidance can make all the difference. A knowledgeable broker can help single-income households weigh up the options, compare costs, and ensure that the chosen gap cover fits both the family’s needs and their budget. This support not only helps to avoid costly mistakes but also ensures that cover evolves as circumstances change; whether that’s a new baby, a medical diagnosis, or a career shift.
Ultimately, gap cover with family-wide benefits offers more than just financial protection. It offers peace of mind. For single parents, knowing that their children’s healthcare won’t be compromised by cost brings real relief. It removes the constant worry of “what if something happens?” and replaces it with the confidence that their family is protected. In a world where so much is uncertain, that reassurance is invaluable.
Gap cover may not eliminate the challenges of running a household on one income, but it can provide a smart, affordable safety net that helps protect both your finances and your family’s health. And for single parents, that balance of security and affordability is often what makes all the difference.
James White – director of sales and marketing at Turnberry Management Risk Solutions.
Turnberry Management Risk Solutions (Pty) Ltd is an authorised Financial Services Provider (FSP no. 36571). Underwritten by Lombard Insurance Company, an Authorised Financial Services Provider (FSP 1596) and Insurer conducting non-life insurance business.
Client Testimonials
Turnberry have been absolutely amazing. Mitze was the consultant on our claim and she went above and beyond to assist us. The first claim was submitted online, thereafter when I tried to submit the form for another claim, the online form was not available. However, all claims were emailed to Mitze who ensured they were processed. If you want exceptional service and a hassel free claim process, use Turnberry.
The service we received Turnberry was outstanding. If I had to rate your company it would be 10plus! The turnaround was less than 5-working days – outstanding and so it goes on. Thank you!!!!! Michael
So far I have been very satisfied with each claim that I have submitted. I have been emailing my claims directly online on the website, and attaching all the relevant documentation. Does everyone need Gap Cover? ‘Do it, you never know when you might need it, trust me you won’t want to be without it!’ Tyrone Swart