Life insurance is one of the most important financial protections that a family can have. When a life insurance policy is taken out, it is usually to pay off any outstanding debts, or to provide income to the family members, in the event of the policyholder's death.
The benefits that South African life insurance policies provide are generally classified into two groups - death benefits and living benefits.
Death benefits refer to the income that is paid out to the beneficiaries in the event of the policyholder's death. The life insurance payout is usually dependent on the type of policy you choose to take out.
Living Benefits of Life Cover in South Africa include:
Withdrawing from your life cover tax free
cash payout in times of serious illness
Talk to me about getting the living benefits of South African life cover.
Book a complimentary appointment:
www.solomonwealth.co.za/getstarted
29 июн 2022
