Disability Insurance
There is no doubt that your greatest asset is your ability to work and earn an income.
IF YOU CAN’T AFFORD AN INSURANCE PREMIUM, YOU SURE CAN’T AFFORD A DISABILITY!
After all, you insure your house, car and other assets, which don't come anywhere near your income earning potential.
If you are managing to survive on your salary… how will you survive without it?
You have a:
1 in 1200 chance you may have to claim for fire or theft in your home.
1 in 8 chance you will suffer a disability before age 65.
1 in 250 chance you will damage or have your car stolen.
One year of disability can wipe out 10 years’ worth of savings.
More homes are lost through disability than death.
DID YOU KNOW?
R
Over an average working life you can earn more than:
*14 million rand
We would love to talk to you
Click on the appropriate button, and we will contact you!
Your earnings are vital to both you and your family’s continued financial security.
A few questions to consider:
BUT…
A huge responsibility that no one should have to bear!
A situation that is too frightening to contemplate – but that can so easily be prevented!
Surely it makes sense to secure your income earning potential!?
Click on the appropriate button, and we will contact you…
Unfortunately, people often assume that just because they’re healthy, they won’t become disabled. And that’s simply not true. Accidents happen
So being healthy doesn’t usually have anything to do with whether you become disabled or not
Your lifestyle is determined by the income you earn. Take away this income and you are in deep, deep trouble!
Only two things produce an income:
If you cannot work anymore and like many, don’t have the capital saved, you’ll need another source of income…
See the impact that a disability could have on your future income, in the next graphs:
Income R120 000 pa
- Potential Income Loss vs. Age
- Potential Income Loss vs. Age
Income R240 000 pa
- Potential Income Loss vs. Age
- Potential Income Loss vs. Age
*Graph: Magnitude of loss of potential income (Assumptions: retirement age is 65 yrs and income growth was 5% pa)
Example using the graph: When a 35 year old individual, earning R 240 000 pa, becomes disabled permanently; He stands to lose R17 million future income (That is if his income grew with 5% pa and he wanted to retire at age 65 years)
Income R360 000 pa
- Potential Income Loss vs. Age
- Potential Income Loss vs. Age
Income R480 000 pa
- Potential Income Loss vs. Age
- Potential Income Loss vs. Age
A situation that is too frightening to contemplate – but that can so easily be prevented!
Surely it makes sense to secure your income earning potential!?
Click on the appropriate button, and we will contact you…
Income Protector
Would you cope financially if an illness or injury prevented you from earning your living at any time during your working life?
Income protection ensures that you do not have a shortfall in cash flow in the event of illness, injury or disability. It is especially important to consider this if you have others who depend on you for financial support. The Income Continuation Benefit is a market-leading product that will pay your monthly income if you are unable to work due to being ill or disabled.
Premiums are tax deductible!
A situation that is too frightening to contemplate – but that can so easily be prevented!
Surely it makes sense to secure your income earning potential!?
Click on the appropriate button, and we will contact you…