LIFE INSURANCE

LIFE COVER

Life is full of unexpected moments, and while we can’t predict the future, we can take steps to prepare for it. Ensuring your family’s financial well-being, even when you’re not there to provide for them, is essential in planning for their future.

Life cover (or life insurance) will pay your dependants a pre-specified lump sum in the event of your death. This benefit is there to ensure that your loved ones are looked after and provided for, even if you are no longer alive and not there to support them financially. It provides a lump sum payout that can help cover expenses like bond payments, education costs, and daily living expenses. 

Our plans enable the client to tailor their life cover to fit their unique needs, offering flexibility and assurance when it matters most.

Life insurance payout to beneficiaries could attract Estate Duty and Executor Fees.

DISABILITY

Your ability to earn money is like a lifeline for you and your family. It covers the day-to-day expenses, but also for many of us, the roof over our heads and our future dreams.
A disability occurs when you can't work in your usual job or any reasonably similar job due to an injury or illness. A disability can happen before or after retirement. If it occurs before retirement, it's called an occupational disability because it means you are unable to earn an income due to that disability. If it happens after retirement, it's considered a permanent impairment.
The amount of cover you need depends on your income, financial responsibilities, and future goals. Our policies offer flexible options, including Whole of Life, up to the age 65 or 70, or a specific term. It is important to ensure your benefit amount is sufficient to pay off debts, meet monthly expenses, and handle any additional costs that may be incurred due to the disability or impairment.
 

ANCILLARY TO LIFE POLICY ILLNESS (CRITIAL / SEVERE / DREAD DISEASE)

While healthcare costs can escalate rapidly, critical/severe illness / dread disease cover offers significant financial security, providing a lump sum payout upon their diagnosis. It ensures peace of mind and access to care during challenging times.

Critical /severe illness / dread disease cover provides financial protection by offering a lump sum payout upon the diagnosis of severe medical conditions like cancer, heart attacks, and strokes. Critical /severe illness / dread disease cover can help you manage medical expenses and maintain your quality of life whilst you recovery. In addition, it compliments any existing healthcare coverage you may have.  With this cover, you can focus on your recovery with less worrying about associated financial burdens.
 

ANCILLARY TO THE LIFE POLICY EDUCATION BENEFIT

Ensures your children’s education continues uninterrupted. The Education Benefit covers tuition fees directly to educational institutions, giving your children the stability they need for their future, even if you’re not there to provide it.