25/07/2024
GOOD NEWS!!!
All BDF employees ( Soldiers)can get life cover with disability cover as well from Hollard as long as they don't go above 1M sum assured.
BENEFITS OF LIFE COVER:
1. Financial protection for your loved ones: Life cover provides a financial safety net for your family in case of your unexpected death, helping them cover expenses and maintain their standard of living.
2. Debt repayment: Life cover can be used to pay off outstanding debts such as mortgages, loans, and credit card balances, relieving your family of financial burdens.This is why banks require life cover before giving loans.
3. Income replacement: In the event of your death, Life cover can replace your income, ensuring that your dependents have a source of financial support to meet their needs and goals.
4. Education expenses: Life cover can help cover the cost of your children's education, ensuring that they have access to quality education even if you are no longer there.
6. Estate planning: Life cover can be used as part of your estate planning strategy to ensure that your assets are distributed according to your wishes and that your loved ones are taken care of.
7. Peace of mind: Knowing that your loved ones will be financially secure in the event of your death can provide you with peace of mind and alleviate worries about their future, improving the quality of your life hence lengthening your days of living.
8. Tax benefits: In many cases, the death benefit from a life cover policy is paid out tax-free to the beneficiaries, providing them with a financial cushion without tax implications.
These are some of the key benefits of having a life cover policy to protect yourself and your loved ones financially.
‼️No waiting period and also no medicals or underwriting required for cover of P1 million and below.
For quotations and the requirements please contact /app 74 419 120