Issue 6 - 20 October 2008

Anton Du Preez
Director

The IMPACT on Family!

So you think that to have the standard Life cover, Severe Illness and Disability cover to ensure that if something happens to you or your spouse, you will be fine? Most people do and most often these “protection” measures are in place for only the so-called breadwinner.

What we would like to focus on this week, is the reality of the impact on your family, should a life changing event occur and how this will impact you or any of your dependants. Here are a few scenarios:

Scenario 1: Your family is involved in a trauma incident that requires admission to ICU, ventilation and reconstructive surgery. The medical scheme you have chosen has limits and you are left with some very serious decisions…

Scenario 2: Your parents’ or in-laws have not planned adequately from a financial perspective and suffer a severe illness later in life. The responsibility of providing care, or even changing the comfort of their homes now becomes yours…would you be able to access funds to do this?

Scenario 3: You become severely ill, and this impacts your ability to cover all your financial commitments. It is during this time, that you certainly want peace of mind that at least for some insurance and medical scheme premiums, you will be covered!

What if you are no longer there to provide for the fundamentals of your family, such as healthcare and education?

To find out more about what life insurance companies offer in respect of Protecting your family in these difficult times, contact Anton du Preez. or visit www.discovery.co.za.

We look forward to hearing from you soon….

Anton du Preez | Director and Independent Registered Financial Coach
Cell: +27 (83) 445 2066
www.themedowgroup.co.za
The Meadow Group

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