It is crucial to prioritize your health and well-being by ensuring you have adequate protection against the risks of illness or disability. This can be achieved by securing appropriate insurance coverage tailored to your specific needs.
If you enjoy Group Risk cover through your employment, be sure to understand what life and disability cover you have in place. Group Risk cover tends to be standardized in terms of the quantum provided, as such, may not be adequate for your particular needs.
Further, keep in mind that your financial security is directly linked to your spouse’s risk protection, particularly in the event of their death. In this regard, it is crucial to ensure that your spouse has sufficient life cover to provide for their estate costs and liabilities in the event of their passing and to provide you with the necessary financial means to continue covering your living expenses.
Most product providers offer benefits specially designed to cover severe illnesses affecting women. These include cancer, specified complications of pregnancy and benefits to cover your unborn child against certain conditions.
If you would like to know more about the defined list of conditions that can be covered, definitions, guarantees, and limitations, please speak to one of our advisers and gain certainty in uncertain times.
Comentários