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JOHANNESBURG – As parents and caregivers, ensuring your family’s future is your top priority. Life Insurance is a vital part of securing their long-term financial well-being. It’s an investment in their future, giving you peace of mind that you can continue supporting them, even when you’re no longer around.
WHY LIFE INSURANCE?
Life is unpredictable. The sudden loss of a breadwinner is something no family wants to face, yet it can happen unexpectedly,” says John Kotze, Head of Retail Protection Product Marketing at Old Mutual. He explains, “In 2023, Old Mutual paid out *R5.6 billion in death claims, highlighting that unexpected events can affect anyone, no matter their age, gender, or lifestyle. Without life insurance, the financial burden on a family can be overwhelming.
AN INVESTMENT, NOT AN EXPENSE
Life insurance ensures that your loved ones receive a tax-free payout, either as a single amount or regular income or both, based on your wishes. By putting a plan in place now with your financial adviser, you gain peace of mind knowing that this payment will help your children pursue the education they deserve and support your family in maintaining their lifestyle and financial stability, even when you are no longer there.
GIVE YOUR FAMILY THE GIFT OF POSSIBILITIES
Don’t leave your family’s future to chance. Invest in Old Mutual’s Life insurance today and leave a legacy that you can be proud of.
Speak to your financial adviser today or click here to learn more.
*Old Mutual 2023 Claims Statistics
Old Mutual Life Assurance Company (SA) Limited is a licensed FSP and Life Insurer.