Life Insurance from 1Lifedirect  

Online Services

 

  Life Insurance

 

  Car Insurance

 

  Finance + Loans
    Home Loans
    Medical Aid
    Vehicle Finance
  Flights   Book Flights
Short Term Insurance    |    Life Insurance    |    Investments    |    Medical Aid    |    Companies    |    News    |    Resources
     

Home Loan Insurance

Enables homeowners to maintain monthly bond repayments in the event of illness, disability + death. From only R80 a month.

 

How Much Life Cover?

Not having enough life cover is just as dangerous as having no life insurance at all but how much do you actually need?

     

Personal Insurance

 

Medical Insurance

Funeral Insurance

Legal Insurance

Pet Insurance

Life Assurance

Credit Life Insurance

Bond Insurance

Travel Insurance

Commercial Insurance

Financial Advice

Investments

 

 

Car Insurance

Comprehensive Cover

Limited Cover

3rd Party Only

Household Insurance

Homeowners Insurance

 

 

Multi-Prof Brokers

Find an Advisor

 

 

1Life

SANLAM

Life Insurance Calculator

No Medical Life Insurance

 

 

Complex Wills

Will & Testament

 

Hints & Tips

 

Insurance Quotes

Insurable Interest

Insurance Ombudsman

Insurance Companies

Life Insurers

Short Term Insurers

 

Explanations

 

Under Insurance

Personal Accident Cover

Personal Legal Liability

Extended Liability (PLIP)

Knock for Knock

Market Value Calculation

No-Claim-Bonus

Pro Rata Premium

Excess

SASRIA

 

 

Insurance Directory

Financial Directory

Health & Medical

Financial Services Board

Insurance Brokers Council

Insurance Fraudline

Find an Advisor

ITInews

SAIA

 

 

 

 

 

Why a will?

Every competent person of 16 years and older that owns assets and is mentally able to understand the results of his or her actions, should have a will.  Why?  If a person dies without a will, it could lead to severe administrative, tax and legal problems and possibly also lead to financial losses.

A will should comply with certain legal requirements to be valid.  In your will, you determine how your assets should be divided, and nominate an executor and trustee to take care of the division of the estate's assets and to handle the administration of any trust assets.

You have the right to name heirs as you wish in your will.  If you don't, your assets will be divided according to the Intestate Succession Act, Nr 81 of 1987, after your death  which could mean that persons that you would have preferred not to inherit from you, could inherit.

Your will therefore determines the future of everything that you've built up through the years and your heirs can be directly disadvantaged if you don't plan correctly.  Estate duty, income tax, VAT and capital gains tax can take a big chunk out of your estate if your planning is wrong.

 

It thus goes without saying that you should get the advice of a specialist or adviser for the drafting of your will.

 

Why a will must rather be drafted by a professional institution

Your will is probably one of the most important documents that you can draft during your lifetime. A will must comply with the formalities as directed in the Wills Act, otherwise the document (or part thereof) can be declared invalid and in executable. Also, a will is drafted according to each person's unique circumstances and needs, therefore it is not advisable that standard wills/will templates be adjusted and then be used as a will.

 

 

Insurance Newsletter

 

E-mail

 

Name

   Sign Up
 

 

Medical Fund | Netstar | Car Insurance Quotes | Life Assurance | Bond Insurance | Lewensversekering

Travel Insurance | Medical Scheme | Hospital Plan | Life Insurance | Home Loans | Motorversekering

Copyright www.insuranceza.co.za  | Insurance South Africa | All Rights Reserved       Contact us:  info [at] insurance.za.org

No material may be published or reproduced in any form whatsoever without prior written permission.

Reliance on the information contained in this site is at your own risk.

 

Terms of Use  |  Disclaimer  |  About Us

hit counter