If you cannot work (even for a short period), because of a serious illness or injury what will you do?
Who will you have to rely on?
And how will they feel having to support you ... maybe for the rest of your life?
You need Income Protection now!
Statistically, you are more likely to face a temporary disability than a permanent disability.
In the case of permanent disability, one has wait as long as two years before lodging a claim!
People tend to have the wrong mix, with an overemphasis on permanent disability in the form of a lump sum payment rather than temporary disability cover and income protection.
If you are 30 years old and earn R30 000 per month, increasing at 6% every year - you could earn MORE THAN R 40 MILLION up to age 65! Now that is serious money!
083 655 2164
Medical aid pays healthcare costs.
What if a disability STOPS your income?
Peter Pyburn - Authorised Financial Services Provider, fully licensed to render financial services since 1991. Death and Disability Planning; Retirement Planning; Investment Planning; Healthcare and Estate Planning. More...
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Last update: October 4, 2024