............ Expensive old fashioned thinking,
compared to cost effective, modern INSURANCE ............
Click here for the a no obligation quote
The insurance industry came under the spotlight a few years ago when investors experienced that the growth expectations of their investments in annuities and other investments in insurance products were not met. It made headlines in the press during 2004/5, when an actuary of one of the largest insurance houses, Mr. Rob Rusconi, revealed the real cost and growth figures of these products and criticts like Bruce Cameron elaborated widely on the issue in the press.
Today, even after the media reported widely on the above issue, there are still people who are contributing to older generation products which are showing poor or no growth rather than investing in a secure income generating investment like property.
If proper analyses of some of these products are done, you might find that you could have done far better by investing in a cash product like a money market fund than in an insurance investment product. Please note that cash products are known to be low risk products with low growth compared with the reality of inflation. Imagine then the growth, if any, of your insurance investment product when you put that in relation to inflation. Read our webpage about this.
The insurance companies did however wake up by introducing excellent value for money products in risk insurance. Risk insurance products include life insurance products combining other risks like trauma, loss of income and other, or specific risks which are covered as stand alone products. Click here for a quote on such new generation insurance products
Today a specific risk need could be covered at a competitive premium and when the risk no longer exists, that portion of cover could be removed from a policy. The new generation, so called long term insurance products are nowadays almost as flexible as short term insurance products.
Risk products, like life insurance, are in our opinion the only insurance products that we will strongly recommend if there is a need for it. Life insurance renders itself to a very cost effective way of providing capital for needs like:
· Debt in the estate of the deceased, like bonds on properties, vehicle finance, business debt and more.
· A fund to support the surviving spouse and dependants at the death of a salary earner.
We will gladly assist you to value and review your existing insurance portfolio and introduce you to new generation, cost savings risk products.
For a no obligation analysis, please click here to send us your details.
compared to cost effective, modern INSURANCE ............
Click here for the a no obligation quote
The insurance industry came under the spotlight a few years ago when investors experienced that the growth expectations of their investments in annuities and other investments in insurance products were not met. It made headlines in the press during 2004/5, when an actuary of one of the largest insurance houses, Mr. Rob Rusconi, revealed the real cost and growth figures of these products and criticts like Bruce Cameron elaborated widely on the issue in the press.
Today, even after the media reported widely on the above issue, there are still people who are contributing to older generation products which are showing poor or no growth rather than investing in a secure income generating investment like property.
If proper analyses of some of these products are done, you might find that you could have done far better by investing in a cash product like a money market fund than in an insurance investment product. Please note that cash products are known to be low risk products with low growth compared with the reality of inflation. Imagine then the growth, if any, of your insurance investment product when you put that in relation to inflation. Read our webpage about this.
The insurance companies did however wake up by introducing excellent value for money products in risk insurance. Risk insurance products include life insurance products combining other risks like trauma, loss of income and other, or specific risks which are covered as stand alone products. Click here for a quote on such new generation insurance products
Today a specific risk need could be covered at a competitive premium and when the risk no longer exists, that portion of cover could be removed from a policy. The new generation, so called long term insurance products are nowadays almost as flexible as short term insurance products.
Risk products, like life insurance, are in our opinion the only insurance products that we will strongly recommend if there is a need for it. Life insurance renders itself to a very cost effective way of providing capital for needs like:
· Debt in the estate of the deceased, like bonds on properties, vehicle finance, business debt and more.
· A fund to support the surviving spouse and dependants at the death of a salary earner.
We will gladly assist you to value and review your existing insurance portfolio and introduce you to new generation, cost savings risk products.
For a no obligation analysis, please click here to send us your details.