Life Insurance – or life cover – is the foundation of your Personal Cover Plan. After all, you want to ensure that your family is protected when you are no longer around. Things to consider when investing in life insurance is the amount of cover you need; how it will be paid out and if there are options of having readily available cash while your estate is being wound up.
Our Advisors can provide you with a comprehensive life cover insurance solution that will afford you and your family, perfect peace of mind and security.
The three benefit options you can choose from are:
- Death Benefit: A cash payout that can be used to settle debt, outstanding
bonds, estate duty and other financial costs in the event of death. It can also
be invested to provide an income and financial security for your family.
- Accidental Death Benefit: Sudden accidents can cause immense emotional
trauma which need not be compounded by financial stress. This benefit will pay
out a lump sum to a beneficiary (a person or group of people that you have
nominated to receive the payout) in the event of your accidental death.
- Final Expenses Benefit: Provides readily available cash to cover travel
costs, funeral costs and debt that needs to be settled immediately (for
example: credit cards).