Suikerbosrand Brokers Services

Business Insurance

It is almost irrelevant what legal structure your business is operating under, be it a company, a closed corporation, trust or a business in your own individual capacity. Unlike the potential of a loss covered by short term insurers in the life business the event is assured, we just do not know when.

What are some of the considerations?

• What will happen to my business or my financial interest in the business if I should die?
• What will happen to my business or my financial interest in the company if I become disabled, permanently or temporarily?
• What happens in my company if my partner should die or become disabled, will I have a new shareholder with no knowledge or experience suddenly being a part of management?
• Will I have the funds as well as the legal agreement to take over the shares or will my other shareholder be in a position to do likewise with my estate?

Be assured of our Commitment

For all your

• Trusts
• Investments
• Study Policies
• Property Insurance
• Retirement Funding
• Medical Aid
• Disability
• Wills
• Income Protector
• Short Term Insurance
• Estate Planning
• Life Cover
• Trauma

Short term Insurance

The effect of suffering a major loss of property can be devastating and may well under certain conditions lead to insolvency. Insurance as opposed to assurance covers insured individuals or commercial entities against losses to own or third party property for insured events that may occur.

It is of the utmost importance that the insured realises and understands each aspect and the conditions for which they are insured and to what level. The knowledgeable Financial Advisor is qualified to guide and assist in finding the correct level of insurance required and the best insurer having considered all relevant aspects. Suikerbosrand Brokers have been doing this since 1985 and constantly train and further educate all their staff in techniques and develop systems to provide clients with superior always improving service.

Retirement Planning

It is common knowledge that only a small percentage of people retire comfortably and without financial stress. Because of improved health services people live longer and are generally healthier for longer. Improved knowledge of healthy living can also contribute hugely to living a full active life.

This longer healthier life will demand that you are better prepared for it or deny yourself the opportunity of enjoying it.

• Start young (some kids even take over policies taken out by their parents and continue contribution).
• Be specific with your retirement target e.g. 10% of gross income.
• Work and contribute for as long as you can, the days of age 65 are over, people are active and play for a lot longer than before. Someone said, “you do not stop playing because you get old, you get old because you stop playing”.
• Pick your financial advisor carefully and make sure they are qualified and contracted as well as licensed to give you advice for this extremely important process in planning a peaceful retirement. Make sure that they can back up these qualifications with experience and independent references.
• Only place your retirement funds with investment companies with a good solid track record.
• Make the plan, trust the plan and stick to it.

It is not magic to plan for retirement

Will

Your will is a very important legal document that stipulates your final wishes and how the assets you’ve accumulated over the years should be distributed. Above all, it represents financial peace of mind to those you leave behind. National Wills Week, from 12 to 16 September, is a good reminder of the importance of securing your legacy through a will, and regularly reviewing and updating it. With the assistance of Sanlam, I can help you draft your will and store it safely.

Business Assurance

What will happen to your business if you should die or become incapacitated? Even worse what will happen to those that are dependent on you? Dying or disability isn’t something that we plan for but in reality it happens every day. Through proper analysis and planning the financial and security impact can be minimised even if the psychological trauma cannot.

Estate planning

Unlike short term insurance covering the loss that may or may not occur, estate planning is a foregone conclusion and a road we all have to travel. It is therefore of paramount importance that we plan and continuously adapt our plans for death and disability. Proper estate planning will result in minimising the tax as well as lessening the disruption in the economic lives of survivors.