Dear Clients,
With the first quarter of the year behind us, we would like to give you an in-depth view of why Life Insurance is so crucial.
Reasons for life cover:
As we grow older, get married, getting children, and start. business, we come to realize life insurance is a fundamental part of having a sound financial plan.
Life insurance: give you the power to replace your income.
If you pass away you will not leave your family devastated, because you did not provide for them in unforeseen circumstances. Financial stress on the family can easily be resolve through a well-planned Financial plan. It’s crucial to have the entire family involved, mother, father, and children when sitting down to plan your financial legacy.
Life cover is a tool to pay debt and other expenses.
After working so hard to earn you money, the last thing you want is an unplanned occurrence that potentially can take all your savings and ruin your financial legacy. Life Cover is essentially your backup plan that will protect your assets in the event of a dread event and requires a large amount of money to resolve. The way life insurance is structured can protect your assets.
Get the right insurance.
The correct insurance is a key foundation to your financial plan. Insurance coverage should include Disability, Severe illness, Income Protection, and with business owners, overhead expenses insurance. Having the right insurance can turn what could otherwise be a major disaster into a mere inconvenience.
The question is then how much insurance I need.
Here are few tips:
– Think about future costs.
– Do you have any other savings?
– How many people depend on you?
– For how many people do you provide for
For more info and help let us, Lochner Venter Consulting, help you with our years of experience in the field and ensure sound Financial Planning for you and your family.
This article was written by Jenita Du Plessis
DID YOU KNOW YOU CAN GET A GLOBAL/OFFSHORE LIFE POLICY FROM R545p/m ???
Offshore investments locked in at R10.90 to the Dollar.
Upfront and ongoing premium discounts of up to 42% on your other Discovery plans.
Access to expert medical practitioners and facilities, globally with the Global Treatment Benefit.
Earn additional cover free of underwriting at no additional cost, by managing your health and wellness.
Convert your future health and wellness into a tangible offshore financial asset with the Dollar PayBack Fund.
Risk protection in Dollars which is insured and paid internationally.
Sound long-term financial planning ensuring you remain protected against the financial impact of a life-changing event.