Sanlam makes money the same way my spaza did, ja. People pay them premiums for life insurance every month,…by @uncle_sakhile on $SLM

Sanlam makes money the same way my spaza did, ja. People pay them premiums for life insurance every month, Sanlam keeps some of that as profit after they pay out claims and costs, then hands some back to shareholders as a dividend when there's enough left over. Think of it like a shop, what is left over after the tills are rung gets shared with the owners.