A pure Endowment is an insurance policy that is used as an investment vehicle by investing in underlying funds (Unit Trusts). The entire premium paid towards the policy is allocated towards the investment after costs have been deducted.
There is no life cover on Endowment policies; however a beneficiary can be added to which the proceeds of the policy will be paid in the event of the investors’ death. Endowments can also be ceded as security.
The proceeds from Endowment policies are paid
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Ons het nou al baie oor die filosofie van belegging of die noodsaak van ʼn goeie beleggingsplan geskryf. Telkemale sou die onderliggende beleggingsinstrument effektetrust wees al was dit net implisiet so bedoel. Maar hoekom is effektetrusts so gewild?
In die eerste plek gaan dit oor die feit dat enige persoon, met min of baie fondse daarin kan belê. Dit is maklik om dit te doen. Die proses wat gevolg word is dat al die verskillende beleggers se fondse bymekaar gevoeg word en dan aan die toegewysde
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It is estimated that only 6% of South Africans save enough to maintain their living standard after retirement. Are you running the risk of being one of the 94% who will retire without financial peace of mind?
Many retired South Africans face the harsh reality of having to rely on family members to provide for them in old age. But what if they are in the same precarious position? What if they simply don’t have the financial means to take care of their elderly relations? One cannot rely on family
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Unit Trust investments are open-ended investments in which investors pool their money together. The investors’ money is managed by a fund manager and his team of analysts who use the investors’ money to buy holdings in the different assets classes, namely Cash, Bonds, Property and Equity. Pure Unit Trust investments are open-ended which means that there is no specified end date or contract term when investing in these investment vehicles. Withdrawals can be made at any point in time without paying
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Insurance for passenger liability is offered to the owners and drivers of vehicles that transport fare-paying passengers. The cover comes into effect when the client sustains an injury or dies, and a legal claim is instituted against the insured.
This type of insurance covers claims that arise while the client is in the vehicle, whether moving or stationary. It also includes getting in or out of the vehicle.
Who should take out this type of insurance?
If you are transporting tourists, students,
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