by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Life Cover
168 – LET YOUR KIDS TAKE OVER YOUR LIFE INSURANCE POLICY Question I will be retiring soon and have a life insurance policy for about R2.6 million. My monthly premium is R2555 with 7% cover growth and 10% premium growth. I no longer need the cover as I have no...
by adminfwc | Nov 20, 2024 | Business, Financial Planning, Life Cover
178 – How life insurance can protect your spouse if you’re the co-owner of a business Question I founded a successful business 20 years ago with two others. All three of us are actively involved in its day-to-day management. As it is September, I took another...
by adminfwc | Nov 19, 2024 | Life Cover
6 – Funeral policies Question My father has just been to a friend’s funeral and wants to buy a funeral policy. Are they worthwhile and how do we go about choosing one? Answer If you had asked me this question a month ago I would not have felt as passionately...
by adminfwc | Nov 19, 2024 | Divorce, Investment, Life Cover
7 – Divorce Question I am getting divorced after 14 years of marriage. I never paid too much attention to my finances in the past. What do I need to do and what should I look out for? Answer Divorce has a massive impact on everyone in the family on all levels....
by adminfwc | Nov 19, 2024 | Life Cover
14 – Do you need life cover? Question The coronavirus has made me think about whether my family will be financially secure should I or my husband pass away. What if the unthinkable happens and both of us pass away? We have a fair amount of cover but do not know...
by adminfwc | Nov 19, 2024 | Business, Life Cover
23 – How to protect your income if you have your own business Question I was retrenched and have set up my own business. It occurred to me that I may run into financial trouble if I am ill and cannot work for an extended period. My old employer had a nice...
