The goal is to protect your wealth first before we start creating your wealth. When the unexpected hits, you will be able to maintain your current lifestyle and provide for your family as usual.
Protecting your Income
Have you thought of what your future would look like if you lost your income today?
Have you considered
what would happen in the event that you become disabled or get a severe
All those years spent studying and educating yourself in order
to earn an income, nullified because of bad luck. Don't let that happen.
Insure what you cannot afford to lose. Insure your health and income. Take care of yourself and the people you might affect by losing your income.
Protecting your Dependents
Would your family be able to maintain their current lifestyle if something happens to you today?
Life Cover is the solution. The
purpose of a life cover policy is to provide your dependents with
sufficient funds to continue their lifestyle should you pass away. The
amount of life cover you require is dependent on the amount of debt you
have and the income your family would require to continue their
A third option to take out life cover is because off your age and health. We all aspire to buy our own house one day. In order to do that the bank will ask you to take out life cover. By taking out life cover at a young and healthy age will allow more cover at affordable rates.
Protecting your Children's Education
Our children's education is a high priority. Is that covered if something were to happen to you?
Should death or disability come your way before your children have completed their studies, would their education be halted due to financial constraints?
With an Education Protector policy, all education costs for your children will be covered in the event of your death or disability.
Have you made provision for that unpleasant note on your desk or the uncomfortable call from your employer?
Being retrenched is emotionally challenging and the prospects of
finding a new job sometimes feels completely out of reach. At the
same time, maintaining your lifestyle by paying loans and living expenses would put tremendous pressure on you if you have no income.
A Retrenchment Protector policy will provide you with an income for six months in the event that you are retrenched.
Medical Gap Cover
Have you made sure you are covered for specialist charges well above medical aid rate?
There remains a low
level of awareness among the public as to the extent of this risk
exposure. Do not be fooled by the mistaken belief that all medical aids provide complete cover for all in-hospital doctor and specialist charges.
The reality is that medical aids only provide funding up to the
medical scheme's own pre-determined rate, known as the medical scheme
tariff (MST). And because doctors and specialists are free to set their
own charges, the MST is sometimes only a fraction of the actual charges.
Gap Cover protects you from this unforeseen cost by covering the costs of a self-payment gap.
Drawing up a Will
Will your dependents know exactly what needs to happen with your estate?
The benefits may not be apparent but having an appropriately structured will can make your family's life immensely easier in the event something happens to you.
In addition, a significant amount of tax can be saved if the will is properly structured and most importantly, a will can ensure that your children's education costs and financial future will be looked after.