disability and income protection insurance

Disability Insurance will Protect you
if you cannot earn an income due to an illness or accident.

HOW WILL YOU EARN A LIVING IF YOU CANNOT WORK?
Who will you have to rely on? And how embarrassing!
Your medical aid should cover your medical costs, BUT IT WILL NOT REPLACE YOUR SALARY.
The long-term financial impact of not being able to work because of serious illness or injury can be significant.

Your greatest asset is surely your ability to work and earn an income.

Suffering long-term sickness or accident will prevent you from earning an income, financially crippling you and making you dependent upon others.

Create your own financial fortress and protect your income earning ability!

Disability insurance provides income if you are unable to continue working and comes in many forms, so it's important to understand exactly what you might be buying.
While you want value for money, make sure you fully understand the benefits of each policy before you take one out!

Disability Insurance benefits provide cover for temporary or permanent incapacity resulting from accident or disease and is payable in a number of different ways:

LUMP SUM CAPITAL DISABILITY

Paid when proof is given, in terms of the definition of disability as in the contract.
It requires a permanent disability event to be paid. It is paid as a tax-free lump sum, which you then invest to provide your income.
A waiting period of 6-months applies.
For a lower premium, it can also be added to your life or endowment insurance policy, where whatever is paid is deducted from your life cover.

Lump Sum Disability OR Income Protection OR PREFERABLY A MIX OF BOTH...

Lump Sum Income Replacement
You have the risk to invest and create an income. Claim payment will closely match your salary.
You have to account for inflation and make your money last. Payments keep pace with inflation.
Only permanent disability. Temporary Disability is covered and most claims are for this type of disability.
Has nothing to do with loss of income, so can pay even if you are disabled and can still work. Only pays on loss of income.
Can settle debts with lump sum payments. Monthly income only.
Continues after your death to support your family. Ceases with death.

So it is highly recommended you consider a mix of both types of disability insurance!


insuranceAn Income Replacement plan is likely to be the most cost effective solution when your real need is for replacement of income.
Lump Sum benefits, on the other hand, are better suited to settling debt and for various business assurance applications.

The definition of disability varies and ranges from:

Occupational definitions can range from being unable to perform your specific occupation, for example, as a neurosurgeon, to being unable to perform any occupation at all. This is vital to understand as many companies define disability differently.

Everyone who has a job should get disability insurance. There are very few jobs for South Africans who become disabled.

The cost of insurance is way less important than becoming permanently disabled - as that WILL COST YOU YOUR JOB!

Why take the risk that you can lose your home, your car, your children's education plans and so much more - if you cannot work.
DISABILITY INSURANCE MAY BE MORE IMPORTANT THAN LIFE INSURANCE!

We live in a particularly violent country.
And that puts you at a much higher risk of suffering a life-changing event than people in most other countries.
If you don't consider this very real threat to both yourself and your loved ones, there may be no one you can rely on if something does happen.
Please don't let that happen!

For a small monthly amount, you can make sure that you won't be left financially ruined should you be unable to earn an income through illness or injury.

You will be quite surprised at how little it will cost to secure your financial future.

CONTACT ME NOW TO SEE HOW LITTLE IT WILL COST YOU TO
Protect your biggest asset - your income.


afford

GET A QUOTE and see how little it will cost!



PS. Think you don't need disability cover? Then why do you carry a spare tyre in your car?
It is the same reason - an insurance against something going wrong.


special

FREE REPORT!
Still not sure if you need Disability Insurance?
For a limited period I will send you the FREE REPORT - WHY YOU NEED DISABILITY INSURANCE.
No Obligation!

This unique report will;

Why would I give you this report for free?

I have been in the insurance business for over 20 years and have seen the tremendous benefit that disability insurance provides for people who have lost their ability to earn an income.
I have seen the huge difference that money has made to the lives of those affected.

Disability insurance is possibly more important than life insurance.

Yes, I would like to receive your unique, limited offer report on Why You Need Disability Insurance.

NAME

EMAIL

TELEPHONE

CITY

Please send me your informative newsletter on personal finance matters.Yes

Nothing beats personal contact! SO CONTACT ME TODAY!

Don't leave your concern here. email me for advice - no obligation!

income protectionlife insurance quote peter pyburn brokerpeter pyburnemailpyburn@peterpyburn.co.za

View Peter Pyburn's profile on LinkedIn

2017