Risk Solutions.
“There is no disgrace in honest failure; there is
disgrace in fearing to fail.”
– Henry Ford
LIFE INSURANCE COVER
Life insurance protects your family when you cannot. It lets you leave something behind to help those that are important to you.
Remember that losing a family or household member often has a financial impact. The payout from a life insurance policy can help your loved ones avoid having to rely on savings, redeeming investments or even selling your home to cover unforeseen expenses like:
- Funeral costs
- Replacing lost income
- Estate and legal fees
- Paying off health related costs
- Child care and education costs
- Home related expenses
- Outstanding debts and bill payments
DISABILITY / IMPAIRMENT
Capital Disability Benefit provides a lump sum to ensure you remain financially secure if you become disabled and cannot earn an income. In some cases you may find yourself in a situation in which you are injured or become ill and can still perform your work or another type of work but not at the same level as you did before the illness or injury – this is called “partially impairment cover”.
SEVERE ILLNESS OR TRAUMA
Severe Illness or Trauma insurance provides a cash lump sum on the diagnosis of a medical condition. The number of conditions covered (benefits) varies widely, cheaper policies often offering fewer benefits. The most common claims under these policies are for: cancer, heart attack, coronary bypass and stroke, although other conditions can be covered.
INCOME PROTECTION
Income Protection allows you to insure your monthly income. So, if you suffer an illness or injury that results in you having to take long-term sick leave, you will have a replacement income to help you maintain your standard of living. You will receive monthly payments while you suffer a loss of income. This will continue until you have recovered and return to work or until you reach your selected benefit expiry age.
ACCIDENT COVER
Being involved in an accident can be devastating enough without having to worry about the financial implications of such an accident. The medical costs alone can be crippling. You may loose a limb or partially loose your eye sight in an accident and this can mean added medical bills and on-going treatment which can become very expensive. For example you may require physical therapy or need to alter your home to accommodate your injury. Accident cover can help to pay for these needs.
FUNERAL COVER
The death of a family member or a loved one is always a sad and traumatic event, even more so if no provision has been made to cover the financial burden which falls on the immediate family. The purpose of Funeral cover is to provide easy access to funds so that a dignified funeral can be held.
BUSINESS RISK SOLUTIONS
Ensure your Business is protected with Vision Brokers, Business Risk Insurance.
Buy & Sell Arrangements:
The death and disablement of a partner may often necessitate that their estate be compensated for their share of the assets at a time when it may be inconvenient or disadvantageous to the surviving partner or partners to find the money. With Business Risk Insurance, our team of expertise will assist you in drafting the necessary documentation and solutions in the most efficient ways.
Key Person Insurance:
Almost every business has one or more persons among the staff members upon whom it depends heavily for its success. The premature death or disablement of a key person can result in a severe loss to a business. By virtue of such person’s skill, experience and training, they can often become very difficult to replace. Life assurance on the lives of such persons is a very sufficient way to provide for these losses.
Other solutions include:
- Pension and Provident funds
- Group benefits
- Contingent Liabilities
- Debtor’s Cover
- Business Overheads Cover
- Income replacement
- Loan Account Protection
- Security for Loans