Making better choices
is not always this easy

 

Short Term Insurance

Short term insurance can become an expensive part of your monthly budget. On one hand it offers peace of mind in cases of emergency, for example: a burst geyser, the theft of a car, a break-in resulting in the loss of some or all of your valuables.

On the other hand, paying for too much insurance, or for insurance you don’t need, is a waste of money.

House Insurance | Vehicle Insurance | Liability Insurance

Essentially you need to combine financial peace of mind with the correct cover. The most common forms of personal insurance are protection of household goods, personal liability cover and vehicle insurance.

Ever thought what would happen if your car got stolen, hijacked, damaged, or your house burgled, flooded during a storm etc?  We all hope (and some believe) it won't happen to us, but reality is:  it does happen!  Usually when we least expect it and cannot afford the loss.

A short term insurance policy provides cover against loss, damage, liabilities and more.  You pay a premium (either monthly or annually) to an insurance company who in return provides the cover to compensate you when you suffer a loss on insured items.

Insurance companies determine your premium based on your risk profile (age, gender, where you live, security measures, item insured, value of the item, claims history of the insured etc.)

High risk = high premium and low risk = reduced premium.

Short term insurance policies consist of the following sections:

  • Household Contents
  • Houseowner's Insurance
  • All Risks Insurance
  • Vehicle Section
  • Watercraft
  • Personal Liability
  • Personal Accident

Olemera Financial Planners - Short Term Insurance

For more information about how our financial planners can assist you with your short term insurance, please contact us.

 

Questions About Your Retirement that You Should be Asking

[Title]

Retirement may seem like it’s a lifetime away, but time has a funny way of moving really fast and before we know it, we are getting used to being at home with no obligation to be anywhere or do anything - blissful retirement after decades of hard work. However, your retirement will be much less blissful if you haven’t planned for it properly.

Read More ...
Posted by Gary Walker on Monday, August 30, 2021 Views: 117


How to Use Your Tax Refund Wisely – Invest, Don’t Spend!

[Title]

Often times, people do not include their tax refund in their budget as they are not sure how much it is going to be, or if they will be receiving a refund at all. Therefore, it’s important that you know how to use your tax refund wisely so that you can improve your overall financial portfolio rather than spending on things you don’t need.

Read More ...
Posted by Gary Walker on Wednesday, July 28, 2021 Views: 170


Donations Tax in South Africa & Parents Donating Assets or Capital to Their Children

[Title]

Many of our baby boomer clients are now considering making donations to their children in the form of property or capital for a deposit on a property. Although this is noble, parents must take into account the rules of donations tax in such situations. In this article, we will look into donations tax and what it means for parents who are helping their children purchase property.

Read More ...
Posted by Gary Walker on Thursday, July 15, 2021 Views: 332


CloseCOVID-19 Corona Virus South African Resource Portal