LIFE is dynamic. Your needs and aspirations change almost daily.
Changes like salary increases, getting married, buying a home, the birth of children
and much more. Your life is not static so, surely it makes sense to have life and disability insurance
that can adapt to meet these changes during your life.
Traditional life insurance is an inflexible, expensive and not easily understood product.
Policy wording was complicated, especially concerning what constitutes a disability.
If you have policies more than two years old;
- Do you know exactly what your disability or dread disease covers?
- Do you know when your disability or dread disease cover ends?
- What if you were disabled in a riot? Could you claim?
- Do you have a compulsory savings plan tied into your life insurance? Can you use that value now? Is it growing at a reasonable rate? Can it really secure you a decent loan or overdraft - or is it really a waste of money?
- Are you paying too much for your insurance? Have you investigated other products?
- Are you over-insured? (There is a maximum amount of disability cover you claim. Maybe you are paying for cover you cannot claim?
As a result of increased customer dissatisfaction with traditional life insurance, the products have changed significantly over the recent past. And YOU benefit!
"New Generation " life insurance addresses these and many more concerns that you may have.
Why is there a huge swing into this new form of cover?
- You could save considerable premium!
- You can separate your risk and investment policies - a highly recommended strategy.
- For the same premium you are currently paying, you could increase your cover.
- Live a healthy lifestyle and you can get discounted premiums!
- You can also link your cover to foreign currencies.
- Do you know that you could get a refund of your life insurance premium!
- Now you can buy just disability or dread disease cover.
- Now you know exactly what you are covered for.
- "An ounce of prevention is worth a lifetime of cure."
Get a second opinion on your cover. It won't cost you a cent!
There is no question. There is no doubt.
You could benefit from an appraisal of your insurance.
Even if you don't restructure your cover, at least you will know what you have currently.
And that's great peace of mind.
If you are considering replacing policies taken out in the last 2 years, I can do it with LIMITED MEDICAL REQUIREMENTS!
Yes, limited medical underwriting provided you old policies were accepted at standard rates.
But hurry - this offer will not last long!
CALL ME TODAY!
Some recent examples;
Mr C age 30.
He had R1,5mil life and disability cover, with two companies, taken out 4-years ago.
His premiums were R613 per month.
He consolidated his cover into one policy. His premium is now R463 per month.A saving of R150 pm.But that's not all! His old disability cover was only linked to his occupation. If, after a disability, he was able to work in a similar occupation (whatever the insurance company deemed that to be and irrespective of whether he found a job), he had no claim!
Now his disability covers life-changing events, not only whether he can continue in his occupation. But there's more! He invested the proceeds of his old cash value and the saved premiums into his Retirement Annuity and boosted his final monies by a projected R170,000! Now that's something to seriously think about! |
Mr and Mrs M. both had separate life insurances.
They were paying a combined premium of R540 per month.
His life cover was for R800,000 and he had to cede the full amount against a bond of only R350,000. This meant he was exposed to executor's fees of R18,000 in the event of his death (on the balance of R450,000 that he did not have to cede).Now his bond insurance is now term insurance, saving him considerable premiums.
He also has only ceded what is required, conserving the balance of his cover for his family. Mrs M had no disability insurance at all. If she had suffered a life-changing event, the financial liability on her family would have been crippling! Through the consolidation exercise, they kept the premiums at R540 per month, but Mr M ceded only what he had to - saving executor fees as well as improving the liquidity for the family if he died.
And Mrs M added the disability cover the family so desperately needed. |
These are but two examples of happy clients.
What could you achieve through a consolidation exercise? It's a painless process! If consolidating your life insurance results in a benefit over your existing cover, we apply for the new policy.
Once you are accepted, we cancel the old cover and implement the new - seamlessly.
You will never be without cover.
The only concern is your health. As long as you healthy and can get the new cover, there is no reason not to consider the exercise.
If you have life insurance more then 2-years old,
I am sure you will benefit from a consolidation exercise. |
But the only way to find out is to talk to me today. Please call me NOW!
If you would like an indication of what Life, Disability and Dread Disease cover will cost, please complete the LIFE INSURANCE ENQUIRY FORM
and mail it to me. I will reply with some values for you.
I will reply with some values for you.
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Especially if you want to Consolidate Your Life insurance.
pyburn@peterpyburn.co.za
Life Insurance