How do you quantify Life Cover
There are contentious issues that arise when talking about the need for life cover. We usually ask our clients ‘Why do you have a specific amount of life cover?’ or ‘What is the purpose of your life cover? There are very few clients who can give an exact answer to these questions. Three principles on […]
What are the types of beneficiaries?
A beneficiary can be a natural or juristic person that you have nominated to receive the proceeds from your life insurance policy or retirement fund in the event of your death. The importance of nominating a beneficiary If no beneficiary is nominated, the proceeds will form part of your estate. They will attract unnecessary taxes […]