It is important to protect yourself and your family from any life-changing events. Our Life Division has agencies with all major South African Life Assurers.
We are able to assess individual personal needs and requirements.
We can provide you with quotations from all of the leading insurance companies in South Africa and will find cover that best suits your needs.
Income Protection /Business Overhead Protection
Have you thought about how you would earn an income if you were to become disabled or fall ill, and be unable to do your job and earn income? How would you pay your bills? Your ability to earn an income is your greatest asset, and all expenses, including insurance policies, are dependent on this asset. The specialists should cover you, FMI who have been operating in the income protection sector for over 15 years. Their experience in this niche market has enabled them to provide clients with innovative and competitively priced products.
TIP (Temporary Income Protection): Temporary Income Protection provides you with the security of a regular monthly income for up to 24 months, should you be unable to perform the duties of your occupation due to an injury or illness.
PIP (Permanent Income Protection): In the event of you being permanently disabled, the chances of your business surviving are significantly reduced. This would impact your ability to meet ongoing financial commitments such as medical aid, insurance and retirement planning, and make it difficult to maintain your standard of living.
BOP (Business Overhead Protection): Should you be unable to work, your business will still incur daily running expenses that will need to be catered for. BOP offers cover for a list of overhead expenses to keep your business afloat so you can concentrate on your recovery.