Risk Products
Life Cover/Personal Risk Policies - Are they more important than ever in the modern era?
Personal Risk Cover
Personal risk cover offers protection from unforeseen events and the potential loss of income, which could hinder the ability to create wealth over time and adequality provide protection for your beneficiaries. Our Wealth Managers are happy to help with a consultation to determine your risk protection needs.
Life Insurance:
Life insurance offers financial protection to your dependents in the event of your death. It can provide a lump sum payout or regular income to your beneficiaries. This service ensures provision of liquidity in one’s estate.
Critical/Severe Illness Cover:
Critical illness insurance pays a lump sum if you are diagnosed with a serious illness covered by the policy. This benefit can cover more than 100 medical conditions, with just a few examples being Cancer, Diabetes, Arthritis, and Hypertension.
Disability Cover/Monthly Income Protection:
Disablility cover provides an income replacement if you are unable to work due to a disability or injury. There are two options and depending on your circumstances, a combination can be considered:
(1) Lump sum disability: This is a one-time payment if you become fully disabled/partially impaired. While this provides for the potential of a larger upfront payout, it does not provide a continuous income stream.
(2) Monthly income protection: This benefit can cover your (net) monthly income on a temporary basis or permanent basis until selected retirement age.
Advice with a holistic view and industry expertise.
Get in touch with our team for more information on our risk products.
