Personal life assurance is generally taken out to cover your changing risk needs as you progress through life.

It’s an insurance policy that, in return for the payment of regular premiums, pays a lump sum on the death of the insured. In addition to life cover, your Life Assurance should be flexible and adaptable, covering you not only on death but also on disability or retirement.

1. Life, Disability and Critical illness Assurance

When choosing a life policy it is always important to ask yourself:

Will those I leave behind at death have enough money to meet their needs into the future?
Will my children be able to complete their education if I am unable to provide for them through death or disability?
Can my debts be met if I die?
If I am disabled will I be able to support myself and my family?
Will I be able to save enough money to provide for my retirement?

2. Disability Benefits

You can add value to your life policy with disability cover that will cover you for temporary or permanent incapacity resulting from injury or disease. This disability may mean that you are medically unfit to work. You will then be paid a cash amount to look after your needs into the future.

3. Business life Assurance

Keyperson Assurance: Many businesses nowadays have one or more individuals on whom it relies heavily for its overall success. The unforeseen death of a keyperson can result in the business being put under severe financial pressure severe financial loss to a business. Keyperson assurance therefore guarantees that money will be available to absorb this shock, protect existing credit facilities and provide the necessary funds for the recruitment and training of a new person or people.

Business Assurance: Business assurance alleviates many of the problems that arise on the death or disability of a partner, shareholder, close corporation member, sole proprietor or keyperson. It provides all that personal insurance does and more - ensuring business continuity and in some cases, may even strengthen the business structure.

Retirement Planning: Apart from the tax advantages a person receives on monthly contributions, there’s the pleasure of watching your portfolio grow and of course, the final pay-out. And planning properly for retirement needn’t be expensive either. From as little as R150,00 per month you can start to save for a solid retirement.

Contact us for more information.