Risk Planning

Providing you with peace of mind, that you and your family will be protected financially if life changes unexpectedly.

A few things to consider when calculating life insurance:

  1. Who would go hungry if you died? What income would they need each month and for how many years?
  2. What debt do you have that you’d like to have settled?
  3. Estate Duty. Everything to a spouse is free of Estate Duty. Assets given to kids or trusts or anyone else is taxed at 20% from R3.5Million.
  4. Is there a need for Rands to become available in your business on death to buy shares or keep the company going through a transitional time?

Quote requests may be emailed to info@growingwealth.co.za, please include following information:

  • Name and date of birth
  • Do you smoke? (Smokers have fewer birthdays and higher premiums)
  • Highest level of education achieved.
  • Occupation. Insurance companies need to know what risk they’re taking on.
  • Monthly income. Here too there is a correlation in mortality rates.

Please note that we are independent insurance brokers and will quote using a few insurance companies, if you have a preference please let us know.

 

Discovery Life

Momentum Life

Liberty Life

Brightrock

Hollard