Life insurance benefits
The adage that life insurance is never bought and only sold is sadly largely true. Very few people construct their life insurance portfolio from an informed position or base it on any quantitative evaluation of risk protection.
Group insured benefits
Group life cover
Income protection
Funeral cover
Education cover
Spouses cover
Capital disability cover
Dreaded disease
Group insured benefits
Life cover
Disability cover
Hospital cover
Dreaded disease
Income protection
Keyman insurance
Buy and sell insurance
GTC, through the actuarily developed True North software, is in a position to advise you of the correct amount of life insurance, based on the combination of your group risk benefits associated with your retirement fund together with any other cover that is necessary through your own endeavors. The tax that needs to be paid and therefore deducted from your life insurance too, needs to be considered and this will largely depend upon whether your group retirement fund is approved or unapproved from a tax standpoint.
Perhaps even more complex than life insurance is the important risk assessment of protecting yourself from the financial consequences of disability and the lack of an income. GTC has specialist advisors within the MAPS team to advise and assist in this complex and complicated component of establishing your Financial Wellness plan. Make everything visible at this stage
Andrew Edwards
Consultant
Andrew is a Certified Financial Planner with 8 years’ experience in the financial services industry, 7 of which have been with GTC. He works predominantly as a wealth manager, though also works closely with the Employee Benefits consulting team to ensure individual members of the retirement funds under GTC’s administration are exposed to GTC’s full range of products and services.
Andrew attained a Bachelor of Social Sciences degree, majoring in Economics and Industrial Psychology, from Rhodes University before completing his Postgraduate Diploma in Financial Planning through the University of the Free State.
Andrew enjoys football, golf, the beach and the bush.
