Risk Assurance

 

Ever wondered how you or your family would cope if the main income earner passed away or you were unfortunately faced with exposure to risks such as dread disease or disability. Unfortunately these events are common and we would recommend consider investing in Risk Assurance solutions that can prevent you and your family from suffering a financial loss as a result of death, disability or dread disease. By planning and foreseeing the potential risks, you can have peace of mind that you will have the financial protection you need.

 

LIFE ASSURANCE

The fundamental reason to take out Life Assurance is to ensure that funds are accessible in the event of your death to provide income for your dependants. Life assurance will prevent your family from having to sell assets to cover expenses and liabilities upon your death. The lump sum can ensure your family has an income or provisions can be made for your child’s education.

 

DISABILITY ASSURANCE

Disability Assurance will provide a way for you to help pay your bills while you’re on the road to recovery. Your ability to earn income is your most valuable asset and Disability Assurance is about protecting yourself and protecting your income. We believe it would be wise to consider your risks of being disabled. Disability cover remunerates you if you are unable work because of an injury or illness. The two types of disability insurance are:

 

CAPITAL DISABILITY:

Will pay a cash lump sum if you become physically disabled or impaired due to an accident or illness.

 

INCOME DISABILITY:

Income Disability Assurance serves the purpose of replacing the primary portion of your income in the event that sickness or injury results in a disability, preventing you from earning a living. Having cover will assist you paying your monthly expenses such as medical bills, utility accounts that accumulate and it can help support you and your family. Consider protecting you biggest asset, your income.

 

DREAD DISEASE ASSURANCE

If diagnosed with dread disease it will not only affect your physical health but also your financial health. Should you suffer an illness such as a heart attack, cancer, or stroke, you need not to worry as you will receive financial protection so you can concentrate on recovering. You are able to decide how you would like to utilize your tax free lump sum. The capital can assist you with medical shortfalls, capital expenses related to lifestyle changes, and access to premium medical technology.