Your Financial Safety Nets
Posted in Feature Article on Feb 07, 2023
They say everything happens in threes. Your geyser bursts, you have a minor accident with your car, and you break a tooth on your favourite nut chocolate. Life, it has a way of testing our resilience but what if you had a safety net for these out-of-the-blue eventualities?
Insurance for these circumstances will be your best friend. From medical and life insurance to short-term insurance solutions for your car or home, it’s well worth the time and effort to investigate your financial parachutes.
A mind at ease
Having insurance will offer peace of mind – you can cover healthcare costs, provide for your family in the event of death or disability or go on holiday without worrying about emergency expenses such as the costs of flight cancellations, medical charges overseas or even the loss of luggage.
Our top must-have insurance policies
- Life insurance
Death is inevitable for us all. Life insurance will help set up your loved ones, in the best possible way, to address any financial hardships for when you are gone.
- Disability insurance
None of us want to be a burden on our families. Investing in disability insurance will provide enough coverage for you and your family should you be unable to continue working.
- Household insurance
Not only is purchasing your own home one of life’s ultimate achievements but so is being able to furnish it with memorable and cherished items. A good household insurance will protect the items in, and outside, your home from accidental damage, fire, theft, and power surges. Some insurance providers even offer emergency assistance for security and household emergencies
- Medical insurance
Good healthcare can often be costly. There are a multitude of Medical Aids on the market, but your financial advisor will be able to help you navigate this often-intimidating sector. They will also assist in tailoring a healthcare plan that suits your family’s (and budget’s) requirements.
- Vehicle insurance
With poor road infrastructure and South African’s particular way of driving to take into consideration, vehicle insurance is a must. Accidents happen quickly, theft is always a concern, and the rainy (read: hail) season is almost upon us. A good car insurance will help cover theft, weather-related damage, and accident damage on your part and the part of others.