LIFE & DISABILITY COVERAGE
The average retirement age in South Africa is between 60 and 65 years, while the average life expectancy is between 73 and 77 years. It is for this average difference of 10 years that provision must be made.
Other than financial planning, consideration must be given to spending one’s time previously occupied by one’s career.
NOW YOUR MONEY MUST WORK FOR YOU, NOT YOU FOR YOUR MONEY!
INCOME TAX PLANNING
Income Tax Planning according to legal methods to pay less tax within the framework of the given legislation. This is often referred to as tax evasion.
Tax evasion is an illegal way of paying less tax – We cannot advise you in this regard.
We look forward to sharing our expertise with you. Together we can plan within your financial framework to save you money.
Efficient estate and financial planning must take into consideration you and your family’s needs and objectives for the future. Your planning must satisfy the following conditions:
A. Current and future problems must be identified and solved timeously.
B. The solutions must solve you and your family’s problems in a practical and economical manner.
C. This solution must be set out in understandable and simple language and must be acceptable to you.
D. These steps must be dealt with according to priority.
E. Inquire into the practical execution of your will.
Trauma Insurance provides protection against the following traumatic illnesses:
– burn wounds
– chronic kidney failure
– heart attack
– coronary bypass surgery
– organ transplant
This is an income that becomes active after one has been absent from work for an indefinite period, without an income.
The contributions towards this product is usually tax deductible.
There are various ways in which one can make provision for study policies.
One’s personal financial planning must be discussed and analysed in a practical manner.
A personal plan can then be formulated.
Your life is insured against death as well as unfitness for the amount you negotiated for the loan.
Trauma benefits as well as pay out value can be joined with this.
SHORT TERM INSURANCE
This is where personal property, either movable or immovable, can be insured against robbery and damage according to one’s needs.
E.g. home, home contents, cars. etc.
ADDITIONAL PENSION FUNDS
Retirement annuities hold tax advantages. You are also entitled to retire before or after your stipulated retirement date.