J & J Financial
Services
RISK PLANNING
Risk Cover includes Life Cover, Disability Cover and Critical Illness Cover, depending on your requirement
01
Life Cover – this will be a lump sum payment to your beneficiaries or estate in the event of your death. You can choose whole Life Cover, or a term policy (often used when having to insure an outstanding mortgage which has a set term).
02
Disability Cover – there are several levels of critical illness cover available, but most would cover you for contracting a severe illness or succumbing to a heart attack. It is vital that you know whether your insurance policy would cover you at 100% of the insured amount if you do contract a severe illness, or whether they would pay out a percentage depending on the severity of your illness.
03
Critical Illness Cover – there are several levels of critical illness cover available, but most would cover you for contracting a severe illness or succumbing to a heart attack. It is vital that you know whether your insurance policy would cover you at 100% of the insured amount if you do contract a severe illness, or whether they would pay out a percentage depending on the severity of your illness.