Answers to Your Questions

We’ve compiled clear, honest answers to the most common questions about long-term financial planning, life cover, and growing your wealth — so you can make informed decisions with confidence.

Frequently Asked Questions

From choosing the right cover to understanding your investment options, these FAQs are here to guide you through the process and help you feel confident about your financial future.

What is the difference between life insurance and investment planning?

Life insurance is designed to financially protect your family in the event of your death or disability, while investment planning focuses on growing your wealth over time to meet long-term goals like retirement or education.

Do I really need life insurance if I’m still young and healthy?

Yes. Getting life insurance while you’re young often means lower premiums and better coverage options — and it ensures your loved ones are financially protected if the unexpected happens.

How much life cover do I actually need?

It depends on your income, debt, dependants, and long-term goals. A financial advisor can help you calculate the right amount based on your unique situation.

What happens to my life insurance policy if I miss a payment?

Many policies have a grace period, but repeated missed payments can result in cancellation. It’s best to talk to your advisor before making changes or if you’re struggling to pay.

Is life insurance still worth it if I don’t have children?

Absolutely. Life cover can be used to settle debts, support your spouse or parents, and cover funeral or estate costs.

What’s the best way to start investing for retirement?

Start early, stay consistent, and align your investments with your retirement goals. Retirement annuities, tax-free savings accounts, and unit trusts are all common tools.

How do I know if I’m investing in the right products?

The “right” investment depends on your risk tolerance, time horizon, and financial goals. A licensed advisor can help match products to your profile and regularly review them as your situation changes.

Is my money safe in a long-term investment plan?

No investment is completely risk-free, but reputable providers and diversified strategies help reduce long-term risk. Most plans are regulated and designed for steady growth over time.

Can I access my investment funds before retirement?

Some investment products allow partial withdrawals, while others (like retirement annuities) are more restricted. Your advisor can help you choose based on your need for flexibility.

Do I need a will or trust if I already have life insurance

Yes. Life insurance pays out a lump sum, but a will or trust ensures your estate is distributed according to your wishes and can help avoid legal delays or disputes.

Ready to Secure Your Future? Let’s Talk.

Whether you still have questions or you’re ready to take the next step, our team is here to help with personalised advice on life insurance, investment planning, and financial protection that fits your goals.

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Answers to Your Questions

Frequently Asked Questions

Ready to Secure Your Future? Let’s Talk.

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