Bruce Cameron, finance writer for Personal Finance, recently published an article highlighting the concerning statistics that most South Africans, who are currently employed, may be seriously under-assured for death or disability cover. His opening paragraph reads as follows: “The vast majority of 13 million employed South Africans are ignoring the fact that, if they die prematurely or are permanently disabled, their families will not be able to maintain their standard of living – in fact, most […]
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THE COST OF CANCER
Every year countries throughout the world dedicate the month of October to raising awareness around Breast Cancer. Cancer has increased exponentially and is, in many cases, treatable – at a cost; making cancer a life, health and personal finance issue. There are very few families in South Africa that have not had one or more members diagnosed with some form of cancer. Recently I read an email from Money Marketing that highlighted some of the statistics […]
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KEEP THE ROOF OVER THEIR HEADS
Keep the roof over your loved ones’ heads – no matter what. Buying your own home is filled with amazing feelings, and often a lot of stress! From all the forms to fill out and hoops to jump through, once you finally have your homeloan approved you still need to arrange the move – which is an entirely different type of stress.In this process, you may overlook some features of the homeloan that you’d wish you’d […]
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CUT BACK SALT AND CUT YOUR PREMIUMS!
If you’ve read up on salt facts, you’ll know that too much salt can cause raised blood pressure, which increases the risk of heart disease and stroke. When you are applying for any type of risk cover, your general health plays a large part in the algorithms that are used to asses your risk… and ultimately how high or low your monthly premiums will be. Eating healthily and getting regular exercise is crucial to keeping your […]
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REVIEWING YOUR POLICY (2)
A WISE CHOICE NOW PAYS OFF LATER In my previous article I looked at the old-school approach to risk assurance policies and highlighted some areas of concern that the latest policies are trying to avoid. The reason for this is because most life cover premiums are higher than necessary because you are sold an indiscriminate lump sum of assurance to cover many different needs with different values at different times of your life. Not only is […]
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