23/08/2017
I am a Financial Adviser and currently working for Old Mutual.We offer Personal Financial Planning Solutions and Advice on the following products.
Life Insurance
Protect your family. Life Cover pays out a lump sum when you die. This can generally be used to settle debt, cover estate duty costs and other financial costs. It can also be invested to provide an income for your family and dependants.
Life insurance that pays out a lump sum to your dependants.
Readily available cash for final expenses.
DEATH BENEFIT
This is our main death cover option with unlimited cover available and may be used to settle debt, cover estate duty costs or reinvested to provide an income for your family.
FINAL EXPENSES BENEFIT
Cover funeral expenses and settle immediate debts like your credit card expenses with a payout of up to R100 000. This benefit aims to pay out within 48 hours of your death.
ACCIDENTAL DEATH BENEFIT
This benefit pays out a lump sum of up to R2 million if you die because of an accident.
Investment Planning
Investing or saving money is key to achieving the goals you have set in life. Old Mutual offers a number of investment and savings solutions in which you can invest and each one is structured to meet a selection of investment needs.
Investing for growth means you are willing to invest a lump sum or on a monthly basis for a select period of time.
Investing for income means you need a product that will ensure some capital growth and pay out an income on a regular basis.
Retirement Planning
Retirement planning is key if you want to enjoy your retirement. Retirement planning consists of two phases: pre-retirement funding and post-retirement income. Pre-retirement funding means investing in a retirement annuity. Things to consider include how much you can currently afford to invest and how long you have until you reach retirement age.
The second phase - post-retirement income - requires investing the proceeds of your retirement annuity into a life or living annuity. Post-retirement income considerations include choosing a product that is able to sustain capital growth while you receive an income and regularity of income payments
Employee Benefits Trusts
On the death of a member of a Pension or Provident Fund, the Trustees of the Paying Fund will meet to determine the legal and factual beneficiaries of the death benefit payout. Should any of these beneficiaries be minors i.e. under the age of 18 years of age or physically/mentally challenged majors, their portion would be paid into a registered Beneficiary Fund. Old Mutual Trust administers the Old Mutual Trust Beneficiary Fund on behalf of minor dependents until they reach the age of majority.
Superfund is South Africa’s top employee benefit solution, suited to fit individuals and businesses who are looking for a simple and cost-effective solution that is tailor-made to their needs. Superfund offers clients exceptional value and is renowned for its simplicity. Its wide range of choices will meet the needs of any individual or employer.
(1) Disability Income Benefits: Provides an income payable to the member upon disability until normal retirement date, recovery or death – whichever occurs first.
(2)Lump Sum Disability Benefits: A lump sum is provided on the total and permanent disability of the member.
DISABILITY INCOME BENEFITS
Provides an income payable to the member upon disability until normal retirement date, recovery or death – whichever occurs first.
LUMP SUM DISABILITY BENEFITS
A lump sum is provided on the total and permanent disability of the member
