Explore the Category
I am often asked by fellow financial planners what my views are on one or other financial product. The discussion soon turns to why clients like or dislike a certain provider offering. My answers usually disappoint, because I am neither a full time product analyst nor a product peddler.
Cancer is not a common topic that is used in everyday conversation. However, statistics indicate that it is a common occurrence that confronts women in their every-day life. Statistics show that 100 000 South African’s are diagnosed with Cancer each year. 1 in 8 of these South Africans, are female.*
A recent study conducted by FMI revealed that three out of 10 people are likely to face a temporary disability event before the age of 60. The research also confirmed that people invest in permanent rather than in temporary disability cover, with the latter accounting for only 6% of all new disability premiums sold in 2010.
It is said that nothing is certain except death and taxes. While disability is not a certainty, becoming disabled is not as improbable as many of us imagine. How should you go about protecting your clients’ disability risks?
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?