Page 7 - Estate Preservation Plan

The key benefits of our
Death Benefit alleviate +
the financial burden for
your heirs Initial Expense Estate Shortfall Executor Fee
Benefit Benefit Benefit

A cash lump sum of up to A lump sum is paid out to your A lump sum is paid to your
R50,000 is paid to your Late Estate that the executor Late Estate to fund the cost
Not only does the heirs within 24 hours of can use to pay for all the costs of an executor, whether you
Initial Expenses Benefit take providing us with your death related to winding up your nominate a professional or
care of your dependants’ certificate. You decide how estate. You decide how much not. This amount can be a
immediate financial needs, it also much this lump sum should this should be and can change maximum of 3.5% (+ VAT) of
takes care of their emotional and be and can change it as your it as your circumstances the value of your estate.
practical needs by offering grief circumstances change. change.
counselling and products
from leading funeral service
providers. Any funds put aside for
the estate shortfall or
executor’s fees that are
not used are paid out
The optional benefits on to your heirs once your
our Death Benefit ensure estate is wound up.
added peace of mind
+

Monthly Expenses Enhanced Liquidity
Benefit Benefit

When you die your bank In cases where your estate
accounts will be frozen and is set to attract high costs,
your dependants won’t be you’ll need additional
able to access your money. liquidity. This benefit pays a
For absolute certainty that lump sum into your estate
they can cope with the over and above the Estate
routine costs of living while Shortfall Benefit to cater
your estate is being wound for these expenses and
up, this benefit provides 12 liabilities.
monthly tax-free payments.

Terms & Conditions apply E&OE Estate Preservation Plan 7