Cover your parents with Safrican
INTRODUCTION HIS
Tweek on our Personal Finance section, we look at how you can cover your parents with the ‘Likusasa for senior citizens plan’ by Safrican.
MBABANE – Making sure that you and your family are covered with any policy that suits you is very important. This is because it provides financial protection for your family’s future, covering expenses such as medical bills, funeral costs, debts, or even tuition. It replaces income for your family in the event of your death, ensuring their financial stability and preventing immediate hardship.
Your coverage policy can deliver a specified sum of money when you need it. Upon your death, your family will receive your policy payout immediately. For example, if a policy provides a certain amount of money for instance E10 000, the benefits also amount to that E10 000 in death benefit, and proceeds go directly to the beneficiary.
Remember, working with a financial professional can help make this whole process easier. A financial professional can help explain the differences between types of policies, help you calculate the amount you need, and
They have the and ‘grocery’ benefit, which are ancillary benefits and come with certain packages.
Find out more about this on our lead article. present potential options that may best suit your needs.
Every day, you’re making complex financial decisions (some of which carry huge ramifications) and there are more financial products and services available than ever before.
Getting the right coverage plan can give you lasting peace of mind in
Today we ask the question: ‘Are you financially literate?’
Navigating this minefield can be overwhelming and lead to financial anxiety.
We have signs that will guide you terms of the assurance that you have provided a legacy. That’s because the and see if covered.
Most importantly, if you are tackling financial issues, make sure you consult a professional.
By Vumile Mavimbela.
right coverage can offer a valuable combination of benefits, so that you and your loved ones know exactly what you’re getting. Of course, you have to make a long-term commitment to paying premiums and keeping the policy in force
Safrican is a respected life insurer with a footprint in South Africa and a subsidiary in Eswatini. It has over two million principle lives covered and more than seven million lives assured, the company has grown from strength to strength since 2004.
COVER YOUR PARENTS
Safrican is offering a chance for you to cover your parents with the ‘Likusasa for senior citizens plan’. The cover allows from 65 years of age to 94 and its starts from as little as E48. If you are interested, you can also add what they call ancillary benefits. Under this they have the ‘grocery benefit’ which is worth E12 000 and the ‘inkhomo benefit’, which is worth E7 500, E10 000 and E15 000.
You should know that, it does not necessarily mean you will get the grocery or the cow, but you will get the payout that comes with the benefit. You can add these benefits when you take up the policy or later on and it also has a waiting period. For more information about this plan, contact (+268) 7808 0080/ 7959 7480.