The Meadow Group Newsletter

Your Health: Our Maximize-your-Vitality programme helps you get the best out of your Discovery benefits! Your Life: What do you need to cover differently this year. Now is the time to reevaluate your cover and any potential debt you may have incurred and see how your lifestyle changes such as increased earnings and improved benefits could improve your current cover needs.

Investments and money: Do you have the emergency fund of four times your net income at all times? Are you really paying off your debt the best and fastest way possible and are you making use of maximum tax deductions via your RA structure? We have certain options available to our clients that ensure you get the best back from your hard earned investments.

Tax Season: February the 28th is nearing and this means you might owe S.A.R.S some tax money. Why not let us work together with your Accountant to ensure a better balance, so that you can rather invest this loss into your own future wealth bucket. Lump sums are off course allowed into your RA’s and still the share market is cheap. The better deal is to buy shares when they are cheap….!

Wills: When last was your will updated? Every year it is important to look at what you have achieved financially and to re-look at the structure of your will, ensuring your assets are protected and your family is well provided for.

Short Term Insurance: An annual assessment of your short term insurance can sometimes save you money. Many homeowners and business people often forget what is insured on their short term insurance portfolio and sometimes forget to revise their needs and in this instance can sometimes face huge financial losses due to their over or under insurance.

In December 2008, we launched a competition valued at R16 000-00 where you could win an all expenses paid trip for two to San Lameer. To qualify for the competition you will need to achieve the following with the Meadow Group:

1: An up to date Will
2. Have either The latest Discovery Life Benefits or Discovery Health Medical Aid and to be on Gold Vitality Status by the 30th May 2009 OR
3. Your Short Term Insurance provision is up to date and in place OR
4. Have at least a R500 pm investment in place OR
5. Have put in place Group Benefits for your Employees, Directors or Partners to provide for Retirement or Medical or Life Assurance Benefits
6. Your up to date client contact information and having a Service Level Agreement signed.

Maximise your Vitality and some of the benefits and why it can be healthy to you!

Just some of the benefits for getting yourself healthier and boosting those Vitality points of yours:

In Dec 2008 I went through my bank statement and confirmed that Discovery life reimbursed me an amount of R23 123-85. This was tax free and amounted to 44% of all my Discovery life premiums paid over the past 5 years. I have the latest life, disability, severe illness, income protection, business overheads cover etc in place, the same as many of you that I have helped. Even though we had all experienced a slightly higher premium increase last year into 2009 due to the link with inflation that was very high, I have received a reduction of -0.50% to my usual p.a. increase.

My investments are also getting cheaper due to the link with my Vitality status. I am not on Blue, Bronze, Silver or Gold but one of the few that have achieved Diamond status level. This is so easy to accomplish, but you need to want to also improve yourself and spend just that 2 hours a year more on the Discovery website or come and see me to help you.