Let’s Insure Your Estate
As little as R000 per month can INSURE YOUR ESTATE against legal and unforeseen expenses that might threaten to erode away their much-needed inheritance.
Estate Liquidity Plan
Insure against legal & other expenses
from R140/month
- Description: This is a detailed plan for both legal and other estate expenses, ideally suited to larger or more complex estates.
- Initial Expense Benefit: A cash lump sum of up to R50,000 is paid to your heirs within 24 hours of providing us with your death certificate. You decide how much this lump sum should be and you can change it as your circumstances change.
- Executor’s Fee Benefit: A lump sum is paid to your late estate to fund the cost of an executor, whether you nominate a professional or not. This amount can be a maximum of 3.5% (+ VAT) or the value of your estate.
- Estate Shortfall Benefit: A lump sum is paid out to your late estate that the executor can use to pay for all the costs related to winding up your estate. You decide how much this should be and can change it as your circumstances change.
- Monthly Expenses Benefit (optoional extra): When you die your bank accounts will be frozen and your dependents won’t be able to access your money. For absolute certainty that they can cope with the routine costs of living while your estate is being wound up, this benefit provides 12 monthly tax-free payments.
- Enhanced Liquidity Benefit (optional extra): In cases where your estate is set to attract high costs, you’ll need additional liquidity. This benefit pays a lump sum into your estate over and above the Estate Shortfall Benefit to cater for these expenses and liabilities.
- Cover and Contributions: The Estate Preservation Plan is an underwritten product with age and other factors taken into account. Contributions are therefore calculated on an individual basis for each application.
- Estate Liquidity Calculator: This helps to provide a clear picture of the current status of your estate – whether your beneficiaries will inherit that which you have envisaged for them, or whether they might end up having to settle the debts in your estate.
Do You Have a Will?
Remember to also consider our Will options. We’d be honoured to help Ensure Your Legacy.