IS PROCRASTINATION EATING YOUR CASH?

Man reading bank statement looking shocked

Are you a “Let’s do this!” or a “Let me think about this” kind of person? Let me confess – I’m more the second type of person. Procrastination is not a desirable character trait. Especially when it comes to money. Procrastinators think short term – always looking one month ahead, never looking ten years ahead: “If I […]

MEDICAL SCHEMES AND GENERAL WAITING PERIODS

Bored man waiting

Thinking of joining another medical aid scheme with better benefits? Be very very careful! Take the example of Joe and Mary. They are currently on a hospital only plan. They’ve always been on medical aid, always paid their premiums, but feel that for the price they’re paying, they should be getting better benefits. They’re on a basic hospital […]

THE IMPORTANT DECISION YOU MUST MAKE AT RETIREMENT

A very concerned pensioner

Our earlier article on what a million Rand will buy you sparked a lot of interest. Based on that let’s delve into the dark world of retirement options. Let’s make it personal and fast forward ten or twenty years into the future by looking at your retirement, shall we? So today is your last day at work. From […]

SO YOU THOUGHT LIFE COVER PAYS OUT TAX-FREE

Rich elderly man with gold-digger companion or wife

Could one mistake on your life cover application end up costing you R300, 000? Leave your life cover to the wrong person and it could end up costing thousands of Rand’s. Leave it to the ‘right’ person and it costs nothing (Although you’ve got to wonder if the lady in the picture below is the ‘right’ person?). Maybe […]

WHY SINGLE PARENTS NEED A WILL

Child. Growing Potential

Are your children the beneficiaries of your life insurance? Do you realise the problems this creates if they’re under 18? Since they haven’t reached the age of majority (currently 18), they cannot manage their own financial resources. This means that someone else has to do it for them. That someone else would be the legal guardian, who in […]

INFOGRAPHIC – WHAT DO UNDER 35’S CLAIM MOST FOR

Walking with Crutches

If you were the owner of a life insurance company, would you insure anyone younger than 35? Think about it…they’re young, they’re healthy – and unfortunately – they’re also scared of nothing. I have a copy of the Liberty Life claims statistics for 2013. You’d probably think there would be a ton of death claims for […]