A guide on how to optimally structure your employee benefits to provide a financially sound future for your employees through Discovery Life.

Size: px
Start display at page:

Download "A guide on how to optimally structure your employee benefits to provide a financially sound future for your employees through Discovery Life."

Transcription

1 A guide on how to optimally structure your employee benefits to provide a financially sound future for your employees through Discovery Life.

2 DISCOVERY LIFE CAN HELP YOU PREPARE YOUR EMPLOYEES FOR LIFE S UNCERTAINTIES As a company, human capital is your biggest investment and resource, determining your performance and success. It s important that you look after your employees personal interests, helping them protect their financial future and the future of those who are financially dependent on them. Employee benefits present a highly effective way of developing a strong relationship with your employees, allowing you to manage the risks involved in employee absence, illness or death. Discovery Life understands the risks and costs associated with offering a comprehensive employee benefits package and that as a company you have to: Attract, recruit and retain the best employees; Demonstrate a duty of care to your employees and their families; Encourage your employees to become healthier and enhance their productivity; Provide financial support in the event of absence, illness or death; and, Comply with the Labour Relations Act. We offer a structured employee benefits solution designed to protect your company against any uncertainties as a result of the death and disablement of your employees, providing you with a cost-effective and sustainable solution that grants your employees complete peace of mind. Your employees will experience the much needed sense of security that they will be taken care of in the event of illness, injury, disability or death. Discovery Life will provide you and your employees support through: A lump sum payment to provide for the future needs of the dependants plus education payments to ensure that your employee s children continue their education; Financial assistance to lessen the impact of absence due to illness, injury, disability or death; Rehabilitation and support to get your employees back to work as soon as possible. In this sales brochure Welcome to Discovery... 2 An introduction to Discovery Life and the key attributes that have made us successful. Why Discovery Life is the ideal partner for you... 3 Information on how your company and employees can benefit from Discovery Life s offering. Structuring your employee benefits plan (Discovery Life s product range)...4 A process summary of Discovery Life s product range and how you can structure an optimal employee benefits plan. How to secure cover from Discovery Life for your employees...6 A description of the process to be followed when securing cover for your company with Discovery Life. 1

3 Welcome to DISCOVERY Founded in 1992, Discovery is a leading multi-national financial services institution based on the principle of making people healthier and enhancing and protecting their lives. With the head office in South Africa, Discovery has a network of operations in the United Kingdom, China and the United States of America. Our approach to financial products is highly differentiated and forward-focused where our entire product offering is integrated with our wellness programme, Vitality. It is through this integration that Discovery can provide unique and innovative products with superior benefits all while delivering remarkable, award-winning service. Discovery Life Discovery provides employee benefits and risk management services through Discovery Life. Launched in 2000, Discovery Life has acquired significant knowledge in financial services and risk management that allows us to offer our corporate clients world-class products with unique features and benefits that go beyond traditional employee benefits. The first South African insurer to separate risk from investment and pioneer products that address individual lifestyle needs; Discovery Life has set a revolutionary market precedent that has saved South African consumers billions making us the fastest growing risk insurer, with over lives protected. Black Economic Empowerment (BEE) Discovery is committed to transformation in our business and in South Africa. An important part of our success is our role in the South African economy and what we do to stimulate and sustain growth. We have seen a consistent improvement in our BEE transformation process over the last few years, with our scores steadily improving. Discovery is a level three (3) contributor according to the Department of Trade and Industry Codes of Good Practice. 2

4 WHY DISCOVERY LIFE IS THE IDEAL PARTNER FOR YOU Our innovative approach, coupled with our customer-orientated strategy, assures you of superior performance. We know that flexibility and competitive pricing are important when it comes to employee benefits and we have carefully tailored our products to reflect these needs. WHAT WE OFFER YOUR COMPANY WHAT WE OFFER YOUR EMPLOYEES FLEXIBILITY Customised for your convenience. As an employer, you can decide when and for how long benefits should be paid. You can also decide who should be covered, the basis of the benefit and which extras you want to include. COMPREHENSIVE VALUE We offer real value for money. We offer relevant and competitive pricing for comprehensive benefits that add value to your company. CUSTOMISATION We can accommodate any scheme, no matter the size. We tailor our product to your company s needs, based on an accurate risk assessment. This ensures that you obtain value for money. Each scheme is unique and we offer comprehensive quotations so you can compare the cost and suitability of all the different options. SERVICE We provide fast, efficient and seamless service. We set tight deadlines for the turning around of quotations, new scheme documentation, monthly billing and general correspondence. We have a high success rate in achieving these deadlines. EXPERTISE We have a wealth of experience and knowledge. Our business model allows us to make the most of our innovation, employee capacity and company capabilities, whilst providing you with accessible teams with significant experience and combined knowledge. INNOVATION Innovation is at the heart of our business. We continuously develop new ideas that evolve from our experiences with clients and the challenges employees face in the workplace. BRAND Discovery is one of the best known brands in the industry. Your employees will definitely be familiar with Discovery. Although we are best known for being South Africa s leading provider of medical insurance, we are also leaders in writing life assurance. CLAIMS and support We pay claims quickly and fairly. Our aim is to save your employees from unnecessary delays by providing a streamlined claims experience that proactively identifies possible claims, utilises the latest technology in assessing these claims and ensures that claims are settled quickly and fairly. Employees also have access to counselling and rehabilitation, accelerating their recovery and enabling them to return to work where possible. COMMUNICATION We place a strong emphasis on communication. Discovery Life continuously and consistently aims to educate and empower your employees on their employee benefits. We do this through various communication channels and platforms. VITALITY We encourage employees to improve their health. Discovery s science-based wellness programme, Vitality, engages employees to improve or maintain their health, while enjoying enhanced cover. The healthier they become, the more Vitality will reward them and the more productive they will be in the workplace. 3

5 STRUCTURING YOUR EMPLOYEE BENEFITS Plan There are a number of factors to consider when planning and designing an employee benefits solution for your company. The model below will assist you with structuring an optimal employee benefits plan by helping you understand how Discovery Life products can offer protection to your employees. The LIFE PLAN is the base that provides your employees with cover for an entire spectrum of health and financial risks, including severe illness, disability and death. To create a Discovery LIFE PLAN that meets your company needs, you can purchase the Life Cover Benefit, the Income Continuation Benefit, or both. establish Determine your company s employee benefits needs. Working together with your financial adviser, Discovery Life assists you in establishing your company s employee benefits needs. Once you have selected how much you can contribute to ensure your employees are well looked after, we can help you determine a sustainable rate that supports your company policy. You decide how much life cover you will need for each level of employee (as a multiple of the employee s annual salary). This amount will become their LIFE FUND, which is the financial mechanism for their LIFE PLAN. COMPANY OFFERING ONLY Core CORE Benefits allow the employer to cover the most essential employee risk needs. Employers define the benefit structure and provide the necessary contribution for the benefits selected. Employers select the Life Cover Benefit, the Income Continuation Benefit, or both for employees. LIFE COVER BENEFIT* Pays a lump sum in the event of your employees death, giving their families the financial support they need. The Life Cover Benefit consists of the Global Education Protector and Mortgage Protector. Global Education Protector If an employee dies, this benefit pays an annual amount for the education of his or her children. LIFE PLAN The LIFE PLAN is the foundation of the Discovery Life Cover. INCOME CONTINUATION BENEFIT* Pays a monthly income if the employee experiences a loss of income after an injury or illness leaving them incapable of working. The Comprehensive option allows a 100% upgrade on permanent disability. The Contribution Protector, Performance Bonus Protector, Dynamic Spend Protector and Mortgage Protector are all available through the Income Continuation Benefit (dependent on the Core or Comprehensive option selected). Contribution Protector Pays the employee s monthly contributions for selected Discovery products and other health plans. Performance Bonus Protector Pays up to 75% of an employee s past bonuses if they become permanently disabled. Dynamic Spend Protector Benefit dynamically enhances your employees benefits through DiscoveryCard, boosting discounts and cash backs. Vitality is a wellness programme that empowers employees to improve their health the healthier your employees are, the more Vitality rewards them and the greater their productivity in the workplace. Selected benefits are underpinned by Vitality. Vitality can be accessed where at least 50% of employees covered by the Discovery LIFE PLAN are on the Discovery Health medical scheme. * * Mortgage Protector When you choose the Life Cover Benefit and the Income Continuation Benefit, your employees automatically qualify for the Mortgage Protector. This benefit will pay the employee s monthly bond repayments for up to 24 months if they become disabled or die, the number of instalments paid will depend on the employee s Vitality status. Enhance Employers can enhance their employees cover. Research has shown that offering comprehensive benefits that meet the needs of employees are important in staff retention strategies. To successfully fulfil these strategies, research shows it s important to offer benefits that are relevant and add value to employees. COMPANY OFFERING ONLY PLUS PLUS Benefits allow the employer to offer additional benefits to their employees. Employers can purchase any of the following benefits to cover additional employee risk needs: Funeral Cover Benefit Severe Illness Benefit Capital Disability Benefit Funeral Cover Benefit Provides a lump sum payment to cover the cost of a funeral in as little as 48 hours. The employee and their family are covered. Severe Illness Benefit Provides a lump sum payment against the impact of a severe illness. Covers all major physiological and anatomical systems. Capital Disability Benefit Pays a lump sum payment to employees to ensure they remain financially secure in the event of them becoming disabled (based on objective and fair criteria). Extend Employees can voluntarily purchase select benefits at their own cost. We understand that individuals have more needs than you can cover as a company, and at their own cost, they can extend their cover. Individual OFFERING ONLY FLEX Through FLEX Benefits, employees can extend their risk protection and add more cover at their own cost. Employees can purchase any of the following benefits: Life Cover Benefit Severe Illness Benefit Capital Disability Benefit LIFE Cover Benefit Pays a lump sum in the event of your employees death, giving their families the financial support they need. Severe Illness Benefit Provides a lump sum payment against the impact of a severe illness. Covers all major physiological and anatomical systems. Capital Disability Benefit Pays a lump sum payment to employees to ensure they remain financially secure in the event of them becoming disabled (based on objective and fair criteria). Continue Employees can continue their life insurance benefits after leaving your company. Individual OFFERING ONLY All CORE, PLUS and FLEX benefits end on resignation, retrenchment, retirement or age 65. However, because Discovery Life is designed to accommodate the dynamic needs of its policyholders, the employee can select the Continuation Option Benefit, allowing him or her to take out an individual LIFE PLAN with Discovery Life offering the same benefits. 4 5

6 HOW TO secure COVER FROM DISCOVERY LIFE FOR YOUR EMPLOYEES Discovery Life makes the designing and implementation of an employee benefits plan simple and trouble-free. You can be assured that we will support your company from the employee benefits needs-analysis stage to the planning, implementation and administration of the scheme. COMPANY NEEDS-ANALYSIS We understand that companies face a myriad of challenges. We will meet with your company s financial adviser to determine your employee benefits needs and tailor a package that best meets those needs. PROPOSE SOLUTIONS We consider your risk profile and the associated costs, ultimately delivering a product that suits your requirements and offers real value. COMPANY SUBMISSION After receiving the required documentation with the scheme and intermediary details, member details and benefit structure, our Discovery Service Consultants will generate a quote based on the information provided. QUOTE Your company s financial adviser will receive a quotation with the proposed costs. APPLICATION FORM On acceptance of the quote, your company must complete and submit the application form with the required documents. INSTALLATION PACK You will then receive an installation pack that details your administrative requirements (monthly billing, premium payment requirements, etc.). SUPPORT AND COMMUNICATION We assist your company in promoting the benefits to your employees through specific and targeted channels, from brochures to online and audio visual elements. We continuously communicate with employees to educate, empower and familiarise them with the measures your company has taken to protect them, their families and their assets. WEB-ENABLED FUNCTIONALITY The You and Your Family zone on provides your employees with access to their Discovery Life information at any given time, allowing them to interact with Discovery Life at their convenience. They can view their benefits and cover, the claims process and access claim forms amongst many other features. CONTACT DETAILS You are welcome to contact us using the following channels. Contact centre: GROUP ( ) Website: 6

7 Physical address: 155 West Street, Sandton Postal address: PO Box 3888, Rivonia 2128 Contact centre: GROUP ( ) Fax number: (011) Discovery Life is an authorised financial services provider. Registration number 1966/003901/06. GM_16605DL_12/07/2012

INTELLIGENT LIFE INSURANCE

INTELLIGENT LIFE INSURANCE This brochure will provide you a guide on how to financially prepare for whatever the future might hold. INTELLIGENT LIFE INSURANCE Create a flexible, personal risk insurance solution Life insurance can

More information

DISCOVERY LIFE FOR PROFESSIONALS

DISCOVERY LIFE FOR PROFESSIONALS This brochure explains the products designed to meet professionals unique needs DISCOVERY LIFE FOR PROFESSIONALS Have you considered how to remain financially secure when you retire or if you become severely

More information

Discovery Life Group Risk Benefit Summary ABC January 2013

Discovery Life Group Risk Benefit Summary ABC January 2013 Life Cover Benefit The Life Cover Benefit will pay a lump sum in the event of your employee s death, giving their families the financial support they need. The lump sum benefit can be set as a multiple

More information

Flexibility, peace of mind, convenience and unbeatable value

Flexibility, peace of mind, convenience and unbeatable value life insurance Why Myriad? Flexibility, peace of mind, convenience and unbeatable value Myriad is Momentum s market-leading life insurance product, covering hundreds of thousands of South Africans. With

More information

Discovery Life Group Risk. LIFE PLAN Guide

Discovery Life Group Risk. LIFE PLAN Guide Discovery Life Group Risk LIFE PLAN Guide Contents Welcome Section 1 page 2 Lifestyle protection option Section 2 page 4 The Group Risk LIFE PLAN Section 3 page 5 Life Cover Benefit and the Global Education

More information

Momentum life insurance. A different approach

Momentum life insurance. A different approach Momentum life insurance A different approach The ideal man bears the accidents of life with dignity and grace, making the best of circumstances. - Aristotle Myriad, Momentum s revolutionary life insurance,

More information

DISCOVERY LIFE S RANGE OF ADDITIONAL BENEFITS. Ensuring you and your family can afford life s expenses if you die, become disabled or severely ill.

DISCOVERY LIFE S RANGE OF ADDITIONAL BENEFITS. Ensuring you and your family can afford life s expenses if you die, become disabled or severely ill. Additional Benefits DISCOVERY LIFE S RANGE OF ADDITIONAL BENEFITS Ensuring you and your family can afford life s expenses if you die, become disabled or severely ill. The LifeDrive Protector LIFE AND

More information

Ensuring a healthy, financially secure future for you and your family

Ensuring a healthy, financially secure future for you and your family The Life Plan A Ensuring a healthy, financially secure future for you and your family Discovery Life offers more than just life insurance Discovery Life offers a collection of customisable benefits covering

More information

HOW IT ALL WORKS. An overview of SA Home Loans SECURITISATION? INTEREST RATE REVIEW DATES INTEREST RATE CALCULATIONS JIBAR RATE

HOW IT ALL WORKS. An overview of SA Home Loans SECURITISATION? INTEREST RATE REVIEW DATES INTEREST RATE CALCULATIONS JIBAR RATE HOW IT ALL WORKS An overview of SA Home Loans ABOUT SA SA Home Loans was launched in 1999 and is South Africa s largest non-bank mortgage provider. We offer both switch and new home loans, with a flexible

More information

Life Cover. Savings products. Retirement annuity. Funeral cover. Other products from Assupol you can consider. Maxvalue Savings Policy.

Life Cover. Savings products. Retirement annuity. Funeral cover. Other products from Assupol you can consider. Maxvalue Savings Policy. Other products from Assupol can consider Funeral cover Excellence Family Funeral Plan Savings products Maximumwealth Cash Provider Maximumwealth Exclusive Policy Maxvalue Savings Policy Retirement annuity

More information

Please read this document carefully as it contains important information about this plan. Your VitalityLife plan summary VITALITYLIFE PLAN SUMMARY

Please read this document carefully as it contains important information about this plan. Your VitalityLife plan summary VITALITYLIFE PLAN SUMMARY Please read this document carefully as it contains important information about this plan Your VitalityLife plan summary VITALITYLIFE PLAN SUMMARY Your VitalityLife plan summary About this booklet This

More information

The Income Continuation Benefit

The Income Continuation Benefit The Income Continuation Benefit PROTECTING YOUR INCOME Income protection ensures that your lifestyle will not be affected if you become disabled or severely ill. Discovery Life s Income Continuation Benefit

More information

REVOLUTIONISING LIFE ASSURANCE FOR THE GLOBAL PROFESSIONAL www.healthcareinternational.com

REVOLUTIONISING LIFE ASSURANCE FOR THE GLOBAL PROFESSIONAL www.healthcareinternational.com REVOLUTIONISING LIFE ASSURANCE FOR THE GLOBAL PROFESSIONAL www.healthcareinternational.com Revolutionising Life Assurance for the Global Profession WELCOME TO HEALTHCARE INTERNATIONAL As a specialist provider

More information

Financial Planning Growing a better future

Financial Planning Growing a better future To make an appointment with a Financial Planner: Go to hsbc.com.au/financialplanning Visit in branch Call 1300 308 008 All testimonials listed in this brochure are sourced from Sue, an HSBC financial planning

More information

J&rgonfreebenefits. A jargon free way of managing auto-enrolment and delivering cutting edge employee reward packages. JargonFreeBenefits.co.

J&rgonfreebenefits. A jargon free way of managing auto-enrolment and delivering cutting edge employee reward packages. JargonFreeBenefits.co. J&rgonfreebenefits A jargon free way of managing auto-enrolment and delivering cutting edge employee reward packages Agenda A general overview Benefits for the Employee Benefits for the Employer JargonFreePensions.co.uk

More information

Revolutionising Life Assurance. Life assurance around the world, around the clock

Revolutionising Life Assurance. Life assurance around the world, around the clock Revolutionising Life Assurance Life assurance around the world, around the clock Welcome to HealthCare International As a specialist provider of international and expatriate life and income protection

More information

South African insurance and investment product offering

South African insurance and investment product offering n insurance and investment product offering Various products have been developed by each of Liberty s business units aimed at providing competitive and relevant benefits and services to their chosen markets.

More information

Protecting your lifestyle and your wealth

Protecting your lifestyle and your wealth Protecting your lifestyle and your wealth Life assurance Critical illness cover Income protection Key person and partnership protection Over 30 years experience providing independent pension advice to

More information

International Term Assurance

International Term Assurance International Term Assurance Protection for tomorrow for peace of mind and financial security Zurich International Life Because who knows what tomorrow will bring Have you considered who depends on you

More information

Growing Your Business with Unum s new Income Made Protection To Measure cover - A Guide for Advisers

Growing Your Business with Unum s new Income Made Protection To Measure cover - A Guide for Advisers unum.co.uk Growing Your Business with Unum s new Income Made Protection To Measure cover - A Guide for Advisers Group Income Protection Plans Cover To for what s Suit really All needed Businesses - a foundation

More information

Cover for Life Brochure

Cover for Life Brochure Cover for Life Brochure It s the right thing to do Why do I need life cover? Life is unpredictable. We may not like to think about it, but a serious even fatal illness or accident could happen to anyone.

More information

Employee Benefits: Portfolio Diversification Opportunities. Enhance productivity and lower overall cost.

Employee Benefits: Portfolio Diversification Opportunities. Enhance productivity and lower overall cost. Employee Benefits: Portfolio Diversification Opportunities Enhance productivity and lower overall cost. A SEAMLESS ORGANIZATION IN A WORLD WITHOUT BOUNDARIES HR Directors now need to think global. The

More information

BUILDING A BETTER LIFE

BUILDING A BETTER LIFE MAKE BUILDING A BETTER LIFE HAPPEN For more information: visit any Nedbank and speak to a friendly consultant; use SMS banking dial *120*001#; call 0860 555 111; or go to nedbank.co.za. CONTENTS Be more

More information

THE PROFESSIONAL AT LIBERTY LIFE Lifestyle Protection

THE PROFESSIONAL AT LIBERTY LIFE Lifestyle Protection THE PROFESSIONAL AT LIBERTY LIFE Lifestyle Protection Lifestyle protection for the professional The rewards of succeeding in your chosen profession are many. Job satisfaction, a good income and a lifestyle

More information

RETIREMENT INCOME PLANS

RETIREMENT INCOME PLANS The formula for successful investing RETIREMENT INCOME PLANS PERFORMANCE PROTECTION EFFICIENCY CHOOSE YOUR FUNDS AND INCOME IN RETIREMENT OR BUY A GUARANTEED INCOME FOR LIFE Discovery Invest is an award

More information

30YEARS. Group Cover. Group Insurance Schemes for Trade Union Members. Group Personal Accident Cover. Group AVC Life Cover.

30YEARS. Group Cover. Group Insurance Schemes for Trade Union Members. Group Personal Accident Cover. Group AVC Life Cover. Group Cover P e a c e o f M i n d f o r U n i o n M e m b e r s Group Personal Accident Cover Group Home Cover Group Motor Cover Group AVC Life Cover Group Specifi ed Illness Cover Group Insurance Schemes

More information

KEY GUIDE Financial protection for you and your family

KEY GUIDE Financial protection for you and your family Kelvin Financial Planning Ltd KEY GUIDE Financial protection for you and your family Introduction Most of us believe that taking out life and other forms of protection insurance is a good thing to do.

More information

Tailored For Business!

Tailored For Business! Tailored For Business Contents This brochure features a small selection of the products we have to offer. If any of the products featured don t exactly match your requirements we have access to products

More information

Sanlam employee benefits umbrella fund

Sanlam employee benefits umbrella fund Sanlam employee benefits umbrella fund why an employer would consider a retirement fund To take advantage of the generous tax concessions available To attend to their moral and social obligations towards

More information

Islamic Family Funeral Cover. Futuristic thinking... September 2013. Essential Life, is an authorised financial services provider

Islamic Family Funeral Cover. Futuristic thinking... September 2013. Essential Life, is an authorised financial services provider September 2013 Essential Life, is an authorised financial services provider Islamic Family Funeral Cover FSP License no: 42980 Naturally you don t want to burden your family with funeral expenses should

More information

Do you know enough about long-term Insurance? Consumer rights and responsibilities

Do you know enough about long-term Insurance? Consumer rights and responsibilities Do you know enough about long-term Insurance? Consumer rights and responsibilities What is long-term insurance? Death, retirement and disability are life changing events that are covered by long-term insurance.

More information

Employee Benefits. ifa@thomas-carroll.co.uk www.thomascarroll.co.uk

Employee Benefits. ifa@thomas-carroll.co.uk www.thomascarroll.co.uk Employee Benefits e w ifa@thomas-carroll.co.uk www.thomascarroll.co.uk The most valuable benefit any employer can bring to their employees is the means to ensure financial security now and in the future

More information

Relevant Life Insurance

Relevant Life Insurance For adviser use only. Not approved for use with customers. Relevant Life Insurance Introducing Relevant Life Insurance Retirement Investments Insurance Health Introducing Relevant Life Insurance We ve

More information

A simple guide to Life Insurance

A simple guide to Life Insurance A simple guide to Life Insurance Your guide to Life, Income Protection, Trauma, and Total & Permanent Disability Insurance. Lifebroker Pty Ltd ABN 92 083 177 011 Introduction Why do I need personal insurance?...

More information

The Business Life Plan

The Business Life Plan The Business Life Plan Rewarding your health, protecting your legacy We believe in protecting the financial wellness of your business with market-leading benefits and significant financial rewards for

More information

group insurance Portfolio for 10 or more employees Companion Commitment positioned to exceed expectations.

group insurance Portfolio for 10 or more employees Companion Commitment positioned to exceed expectations. group insurance Portfolio for 10 or more employees positioned to exceed Companion Commitment expectations. understanding perspective creates Companion Commitment opportunity. Support. Service. Innovation.

More information

A SIMPLE BUSINESS BOOST.

A SIMPLE BUSINESS BOOST. GROUP PROTECTION ADVISER GUIDE A SIMPLE BUSINESS BOOST. Group protection is a growing area in financial services. It offers an opportunity to widen your proposition, and this guide will help you take full

More information

Enjoy the peace of mind that comes from being WEHBE insured

Enjoy the peace of mind that comes from being WEHBE insured COMPANY PROFILE Insured. Secured. Over the years WEHBE Insurance Services has grown and evolved, and is today considered one of the most renowned names in the UAE insurance intermediary industry. As an

More information

Protect your family. ClearView LifeSolutions. Life Cover, Trauma Cover and other tailored insurances

Protect your family. ClearView LifeSolutions. Life Cover, Trauma Cover and other tailored insurances Protect your family ClearView LifeSolutions Life Cover, Trauma Cover and other tailored insurances Insurances to meet your needs Defence Health has partnered with ClearView to provide an extensive range

More information

PEOPLE FOCUS June 2010 Willis New Zealand Ltd

PEOPLE FOCUS June 2010 Willis New Zealand Ltd PEOPLE FOCUS June 2010 Willis New Zealand Ltd THE LAUNCH OF WILLIS PEOPLE RISK Willis People Risk is the new name for the Willis Employee Benefits Division. The new name has been adopted to reflect the

More information

Whole of life. It is never too early...

Whole of life. It is never too early... It is never too early... ...but it can be too late. Whole of life protection As lifestyles change over time, so do mortgage, business and family protection needs. There is never a time in your client s

More information

Generali PanEurope. Group Risk. Protecting your employees and their families

Generali PanEurope. Group Risk. Protecting your employees and their families Generali PanEurope Group Risk Protecting your employees and their families WE DELIVER ON THE PROMISE We tie a long-term contract of mutual trust with our people, clients and stakeholders; all of our work

More information

Insurance through your super

Insurance through your super Insurance through your super Review my cover Save on insurance through Super $ TPD insurance income protection Death We insure many aspects of our lives: house, car, health, life, even pets. Of all of

More information

Terry White Chemists Superannuation a sub plan of FirstChoice Employer Super

Terry White Chemists Superannuation a sub plan of FirstChoice Employer Super July 2013 Page 1 Contents Category 1 - Permanent and Part Time staff working more than 15 hours per week Benefits in Brief...1 Getting Started...1 Your Investment Choices...2 Benefits of Insurance Cover...2

More information

LIFESTYLE PROTECTION PLAN

LIFESTYLE PROTECTION PLAN LIFESTYLE PROTECTION PLAN LIFE TRAVEL CAR & HOME WARRANTIES COMMERCIAL VEHICLES Regent is an authorised financial services provider. WHAT IS THE LIFESTYLE PROTECTION PLAN? The Lifestyle Protection Plan

More information

RETIREMENT PLANS PERFORMANCE PROTECTION EFFICIENCY

RETIREMENT PLANS PERFORMANCE PROTECTION EFFICIENCY RETIREMENT PLANS PERFORMANCE PROTECTION EFFICIENCY SAVE FOR RETIREMENT AND PROTECT YOUR INVESTMENT Invest is an award winning provider of investment products in South Africa and is part of the Group. Our

More information

MAKE THE MOST OF LIFE TotalCareMax

MAKE THE MOST OF LIFE TotalCareMax Life TotalCareMax Customer guide MAKE THE MOST OF LIFE TotalCareMax Life. Take charge. sovereign.co.nz WHY INSURE YOUR LIFE? As a life insurer, we understand that despite best efforts, life doesn't always

More information

KEEPING YOUR BUSINESS MOVING.

KEEPING YOUR BUSINESS MOVING. WORKPLACE BENEFITS: PROTECTION GROUP INCOME PROTECTION KEEPING YOUR BUSINESS MOVING. Manage your company s absence with our group income protection cover. Our focus on early intervention and funding treatment

More information

LIFE INSURANCE PREPARING FOR THE FUTURE

LIFE INSURANCE PREPARING FOR THE FUTURE LIFE INSURANCE PREPARING FOR THE FUTURE Bupa life insurance is issued by ClearView Life Assurance Limited (ABN 12 000 021 581) (AFS Licence No. 227682) ( ClearView ). Bupa Australia Pty Limited (ABN 81

More information

The Changing Role of the Employer in Providing Protection the What, the Why and the How

The Changing Role of the Employer in Providing Protection the What, the Why and the How The Changing Role of the Employer in Providing Protection the What, the Why and the How The Protection Review Conference 23 June 2011 Katharine Moxham & Paul Avis 1 Introduction to GRiD Formed in 1998

More information

BUSINESS PROTECTION FROM VITALITYLIFE VITALITY.CO.UK/LIFE

BUSINESS PROTECTION FROM VITALITYLIFE VITALITY.CO.UK/LIFE BUSINESS PROTECTION FROM VITALITYLIFE VITALITY.CO.UK/LIFE SAFEGUARD THE FUTURE OF YOUR BUSINESS OUR BUSINESS PROTECTION PLAN CAN PROTECT YOUR BUSINESS IN THREE WAYS At VitalityLife we believe that business

More information

BT Protection Plans. Product Disclosure Statement and Policy Document (PDS)

BT Protection Plans. Product Disclosure Statement and Policy Document (PDS) BT Protection Plans Product Disclosure Statement and Policy Document (PDS) Dated 19 May 2014 Who s responsible for BT Protection Plans The Insurer is Westpac Life Insurance Services Limited ABN 31 003

More information

Insurance in Prime Super

Insurance in Prime Super Insurance in Prime Super September 2015 This fact sheet outlines why insurance is important and the benefits of having insurance through your super account. Why is insurance so important? Insurance is

More information

LIFE COVER ARE YOU TAKING THE LEAD IN YOUR LIFE? WHAT IS LIFE COVER? WHAT DOES IT OFFER ME?

LIFE COVER ARE YOU TAKING THE LEAD IN YOUR LIFE? WHAT IS LIFE COVER? WHAT DOES IT OFFER ME? LIFE COVER ARE YOU TAKING THE LEAD IN YOUR LIFE? We may like to think it will never happen to us but the reality is that some of us will die, prematurely, leaving family and loved ones behind. So, have

More information

CashGain A Money Back Insurance Plan

CashGain A Money Back Insurance Plan Bajaj Allianz CashGain A Money Back Insurance Plan Bajaj Allianz CashGain A Plan That Adjusts To Your Life s Needs. Your needs for insurance protection will vary at different stages of life. Sometimes,

More information

Buying a pension annuity

Buying a pension annuity Buying a pension annuity Why do I need to think about buying a pension annuity? When you come to retire, you will have some important decisions to make. Probably most important of all is how you will generate

More information

GROUP LIFE ASSURANCE AND DEPENDANTS PENSIONS.

GROUP LIFE ASSURANCE AND DEPENDANTS PENSIONS. GROUP PROTECTION GROUP LIFE ASSURANCE AND DEPENDANTS PENSIONS. Registered schemes and excepted group life policies. Helping you understand our policy. This is an important document which we suggest you

More information

Product Disclosure Statement

Product Disclosure Statement Product Disclosure Statement 30 September 2013 ClearView LifeSolutions is issued by ClearView Life Assurance Limited: ABN 12 000 021 581, AFS Licence No. 227682. ClearView LifeSolutions Super is issued

More information

A FRESH APPROACH TO INCOME PROTECTION WITH 5-STAR COVER FROM VITALITYLIFE VITALITY.CO.UK/LIFE

A FRESH APPROACH TO INCOME PROTECTION WITH 5-STAR COVER FROM VITALITYLIFE VITALITY.CO.UK/LIFE A FRESH APPROACH TO INCOME PROTECTION WITH 5-STAR COVER FROM VITALITYLIFE VITALITY.CO.UK/LIFE WHAT SHOULD INCOME PROTECTION COVER OFFER YOU? If you are unable to work because of illness, injury or disability,

More information

Group Income Protection Technical Guide

Group Income Protection Technical Guide For commercial customers and their advisers only Group Income Protection Technical Guide Reference BGR/4019/OCT12 Contents Page Its aims Employers your commitment Risk factors How does the policy work?

More information

Financial protection for you and your family

Financial protection for you and your family Financial protection for you and your family Introduction Most of us believe life and other forms of protection insurance is a good thing. Protecting your family should underpin financial planning and

More information

LIFE INSURANCE FOR THE LIVING! An Authorised Financial Services Provider Item No: 992283 Feb06

LIFE INSURANCE FOR THE LIVING! An Authorised Financial Services Provider Item No: 992283 Feb06 LIFE INSURANCE F THE LIVING! An Authorised Financial Services Provider Item No: 992283 Feb06 Life insurance for the living! With the FNB Living Facility, you don't have to die to benefit - we will reward

More information

THE OLD MUTUAL INTERNATIONAL investment account

THE OLD MUTUAL INTERNATIONAL investment account THE OLD MUTUAL INTERNATIONAL investment account investments pensions benefit from our strength and reputation The Investment Account is provided by Old Mutual International Isle of Man Limited Singapore

More information

Discovery Life versus Old Mutual Greenlight

Discovery Life versus Old Mutual Greenlight Discovery Life versus Old Mutual Greenlight The Discovery LIFE PLAN is designed to offer you flexible personal and business financial protection against death, disability and severe illness at a cost effective

More information

If you hope to plan ahead for a funeral. Funeral Plan

If you hope to plan ahead for a funeral. Funeral Plan If you hope to plan ahead for a funeral Funeral Plan Death is part of life. It may not be a thought that crosses your mind often, but what do you hope for when you have to consider your funeral? Surely

More information

cumulus echo retirement annuity

cumulus echo retirement annuity cumulus echo retirement annuity More than half of South Africa s pensioners are unable to cover their monthly living expenses. Sanlam BENCHMARK survey 2013 Cumulus Echo Retirement Annuity A retirement

More information

DISCOVERY RETIREMENT OPTIMISER

DISCOVERY RETIREMENT OPTIMISER The formula for successful investing DISCOVERY RETIREMENT OPTIMISER PERFORMANCE PROTECTION EFFICIENCY MAXIMISE YOUR RETIREMENT SAVINGS USING YOUR LIFE PLAN Discovery Invest is an award winning provider

More information

For customers. Friends Life Protect+ Income Protection Cover. Income Protection Cover. It s income protection. And more.

For customers. Friends Life Protect+ Income Protection Cover. Income Protection Cover. It s income protection. And more. For customers Friends Life Protect+ Income Protection Cover Income Protection Cover It s income protection. And more. It s income protection. And... 2 it addresses a vital need it provides a regular income

More information

Goal Access Universal Life Plan (Protection)

Goal Access Universal Life Plan (Protection) Goal Access Universal Life Plan (Protection) HSBC Life (International) Limited HSBC Life (International) Limited ( the Company ) is incorporated in Bermuda with limited liability, and is one of the HSBC

More information

ACCIDENT AND HEALTH YOUR PEOPLE

ACCIDENT AND HEALTH YOUR PEOPLE ACCIDENT AND HEALTH YOUR PEOPLE The human workforce is the single most important asset in any organisation: it is also the most vulnerable. Providing the best protection for your people against unexpected

More information

Personal insurance. What is insurance? What is personal insurance? Life insurance. Fact sheet

Personal insurance. What is insurance? What is personal insurance? Life insurance. Fact sheet Fact sheet Personal insurance Current as at 15 April 2012 What is insurance? Insurance is an agreement with an insurance company to pay you a sum of money if something is damaged or lost. It is form of

More information

Because you should retire from work, not life. Retirement plans. By HSBC.

Because you should retire from work, not life. Retirement plans. By HSBC. Because you should retire from work, not life. Retirement plans. By HSBC. A new beginning Retirement will be a significant new chapter in your life. A new beginning that will bring new opportunities, new

More information

Australia s leading industry severance scheme

Australia s leading industry severance scheme Protect Contact Centre tel: 1300 344 249 fax: 03 9326 8736 email: info@protect.net.au web: www.protect.net.au Ground Level, 200 Arden Street North Melbourne VIC 3051 PO Box 482 North Melbourne VIC 3051

More information

Don t let your lifestyle disappear.

Don t let your lifestyle disappear. Don t let your lifestyle disappear. Pensions Protection Investments Income Protection Safeguard your lifestyle with the security of Income Protection by Friends First. www.friendsfirst.ie At Friends First,

More information

INFORMATION FOR ADVISERS

INFORMATION FOR ADVISERS At a glance Lump Sum Protection Protecting your future to make the most out of life. INFORMATION FOR ADVISERS P R O T E C T I O N F I R S T Why Protection? With Protectionfirst you have peace of mind knowing

More information

WHY UMBRELLA FUNDS ARE SHAPING THE FUTURE FOR BUSINESS OWNERS AND THEIR EMPLOYEES

WHY UMBRELLA FUNDS ARE SHAPING THE FUTURE FOR BUSINESS OWNERS AND THEIR EMPLOYEES WHY UMBRELLA FUNDS ARE SHAPING THE FUTURE FOR BUSINESS OWNERS AND THEIR EMPLOYEES Discover how professionally managed and professionally governed multi-employer funds provide very comprehensive and the

More information

To find out more, please contact your Capita consultant or visit www.capita.co.uk/employeebenefits

To find out more, please contact your Capita consultant or visit www.capita.co.uk/employeebenefits assure Delivering DC health excellence benefits excellence self- sustaining Good broking alone is not enough to deliver lasting value. There is substantial evidence to confirm that employees value highly

More information

Shared Home Investment Plan Limited. because life is worth living

Shared Home Investment Plan Limited. because life is worth living Shared Home Investment Plan Limited because life is worth living About S.H.I.P.? Shared Home Investment Plan Limited (S.H.I.P.) is an Irish company specialising in home equity release plans for the over

More information

Your Mortgage Guide. The Exchange. Property Services Mortgage Services Letting & Management Services Conveyancing Services

Your Mortgage Guide. The Exchange. Property Services Mortgage Services Letting & Management Services Conveyancing Services The Exchange Property Services Mortgage Services Letting & Management Services Conveyancing Services Your Mortgage Guide Contents: Introduction... 3 The Financial Services Authority (FCA)... 3 What is

More information

Help first-time buyers get on the protection ladder

Help first-time buyers get on the protection ladder For advisers only Help first-time buyers get on the protection ladder Affordable cover for your clients Mortgage opportunities. Protect more than just the bricks and mortar. What s inside 1 Helping your

More information

COMPENSATION AND EMPLOYEE BENEFITS

COMPENSATION AND EMPLOYEE BENEFITS COMPENSATION AND EMPLOYEE BENEFITS Q&Apm has a comprehensive range of global services that provides a one stop shop solution for companies personnel, management, legal and employee benefit needs. We have

More information

Options available to members on leaving their retirement fund

Options available to members on leaving their retirement fund Options available to members on leaving their retirement fund Applicable to members leaving post March 2009 The contents of this document This document explains the different options you have available

More information

GLOBAL INSURANCE FOR EXPATRIATES. Your health in our hands

GLOBAL INSURANCE FOR EXPATRIATES. Your health in our hands GLOBAL INSURANCE FOR EXPATRIATES Your health in our hands THE challenges EXPATRIATES FACE Life as an expatriate is full of exciting opportunities, but there are potential problems to consider too: A serious

More information

Registered office 6 Front Street, Hamilton HM11, Bermuda. Hong Kong SAR office 18 / F, Tower 1, HSBC Centre, 1 Sham Mong Road, Kowloon, Hong Kong

Registered office 6 Front Street, Hamilton HM11, Bermuda. Hong Kong SAR office 18 / F, Tower 1, HSBC Centre, 1 Sham Mong Road, Kowloon, Hong Kong HSBC Life (International) Limited HSBC Life (International) Limited ( the Company ) is incorporated in Bermuda with limited liability, and is one of the HSBC Group s insurance underwriting subsidiaries.

More information

INCOME PROTECTION THE BASICS WHAT IF?

INCOME PROTECTION THE BASICS WHAT IF? INCOME PROTECTION THE BASICS WHAT IF? If you couldn t work due to illness or injury, could you cope financially? We all hope we ll never find out, but the reality is nearly a third of us will have close

More information

Insurance Specialists to the building and allied trades

Insurance Specialists to the building and allied trades www.tradedirectinsurance.co.uk Insurance Specialists to the building and allied trades Welcome Welcome to Trade Direct Insurance, we hope that you find our brochure informative and that our range of policies

More information

KEY GUIDE. Financial protection for you and your family

KEY GUIDE. Financial protection for you and your family KEY GUIDE Financial protection for you and your family Introduction Most of us believe that taking out life and other forms of protection insurance is a good thing to do. Protecting your family should

More information

KEEPING YOUR BUSINESS ON COURSE. Helping you protect your business. Protection Business Menu

KEEPING YOUR BUSINESS ON COURSE. Helping you protect your business. Protection Business Menu KEEPING YOUR BUSINESS ON COURSE Helping you protect your business Protection Business Menu WHAT S INSIDE As a business owner you know what you need to make your business a success. Suitable premises, machinery

More information

Product Options Summary

Product Options Summary Product Options Summary A summary of the options available on your National Mutual Life Association policy or plan. This document is for your reference only. No action is required. Product Options Summary

More information

New generation income protection

New generation income protection New generation income protection Reinventing disability and savings solutions life insurance There are major threats to our income. Becoming disabled during our working life. Becoming impaired during retirement

More information

Life Cover & Life Income Cover

Life Cover & Life Income Cover Assurance Extra Life Cover & Life Income Cover What is Life Cover & Life Income Cover? Life Cover is an insurance that pays you a lump sum if you die or are diagnosed with a terminal illness. Life Income

More information

A simple, affordable way to give peace of mind to the people who matter most

A simple, affordable way to give peace of mind to the people who matter most GUARANTEED 50 PLUS LIFE COVER A simple, affordable way to give peace of mind to the people who matter most Want to know more? Please talk to your adviser The average cost of a burial in the UK is currently

More information

GLOBAL INSURANCE FOR EXPATRIATES. Your health in our hands

GLOBAL INSURANCE FOR EXPATRIATES. Your health in our hands GLOBAL INSURANCE FOR EXPATRIATES Your health in our hands THE challenges EXPATRIATES FACE ABROAD Life as an expatriate is full of exciting opportunities, but there are potential problems to consider too:

More information

COVER THOSE YOU LOVE A GUIDE TO LIFE INSURANCE SUNCORP LIFE PROTECT

COVER THOSE YOU LOVE A GUIDE TO LIFE INSURANCE SUNCORP LIFE PROTECT COVER THOSE YOU LOVE A GUIDE TO LIFE INSURANCE SUNCORP LIFE PROTECT THE EASY WAY TO PROTECT YOUR FAMILY You ve made the smart decision to learn about life insurance. Now we can make it easy for you to

More information

At a glance. Income Protection. Protection to survive life s ups and downs.

At a glance. Income Protection. Protection to survive life s ups and downs. At a glance Protection to survive life s ups and downs. P r o t e c t i o n f i r s t Why Protection? With Protectionfirst you have peace of mind knowing that you and your family will be financially secure

More information

RetireIncome Annuity Plan

RetireIncome Annuity Plan RetireIncome Annuity Plan HSBC Life (International) Limited HSBC Life (International) Limited ( the Company ) is incorporated in Bermuda with limited liability, and is one of the HSBC Group s insurance

More information

Working Well health, wellbeing and business services. Organisation guide

Working Well health, wellbeing and business services. Organisation guide Working Well health, wellbeing and business services Organisation guide Let s get Working Well Thank you for choosing to place your Group Income Protection arrangement with Canada Life. By taking out this

More information

Your guide to Term Insurance

Your guide to Term Insurance Protection Solutions Your guide to Term Insurance with Standard Life Making Retirement Better Grow. Protect. Live. Transfer. Hello. More and more people are looking for financial security that will get

More information

Retail SA. Solid financial performance in a tough economic environment. Improved distribution footprint through increased tied agency capacity

Retail SA. Solid financial performance in a tough economic environment. Improved distribution footprint through increased tied agency capacity Highlights Solid financial performance in a tough economic environment Increased indexed new business by 6% to R6,4 billion Cumulative Evolve and Gateway sales reached R13,4 billion by year end Net cash

More information