RI FINANCIAL MANAGEMENT SERVICES

Registered Financial Services Provider


More information on the BENEFITS under Life Insurance


Life

Death Cover

  • Life / Death Cover
  • Cover that will pay out at your death, natural or accident.
  • It will pay out to your beneficiaries or Estate
  • To provide an income and financial security for the surviving family. It will also assist in payment of debt, outstanding bonds, estate duty and other cost when you die.
  • Accidental Death
  • It will only pay if your death was due to an accident
Life

Disability Cover

  • Disability Lumpsum
  • Payment links to your ability to perform in an occupation
  • Own Occupation = The specific occupation that you stated on the contract
  • Reasonable Occupation = An occupation which you can perform in with your past and current experience.
  • Disability Income
  • If valid claim, you will receive a monthly income
Life

Dread Cover

  • Severe Illness / Dread Disease Cover
  • To provide cover for the cost of making lifestyle adjustments as a result of surviving a severe illness
  • To assist with your medical bills
Life

Impairment Cover

  • Functional Impairment
  • Payment when there is a loss of use of a body part
  • Physical Impairment
  • Payment when there is a physical loss of a body part
Life

Funeral Cover

  • Funeral Cover
  • Payment on the submission of a Death Certificate
  • Payment to a beneficiary for funeral expenses
Life

Retrenchment Cover

  • Retrenchment
  • Only a few occupations qualify for this benefit
  • It will either pay:
  • A salary for a few months
  • Pay the premium of the insurance contract