Turn your policy into an investment by:
1) Assuring its continuity and pay-out certainty, by checking if you have Paid Up Standard offered by Discovery Life. (This feature ensures you stop paying for whole of life cover from age 65, but cover remains fixed for whole of life. Ts&Cs apply).
2) Adding Cash Conversion which is an investment linked to life cover and your vitality status. As an example, on a R5m life policy, you could qualify for R2m cash conversion – payable from age 65.
3) Taking out a PPS policy, you will have a profit share account built in, where a percentage of your premiums go towards this account, which grows overtime and pays out in retirement.
Maximise Policy Cash Backs and Investment Boosts:
This can by done by getting the most out of the following loyalty schemes: Discovery Vitality, Momentum Multiply, and Sanlam Reality.
Importantly, Liberty Life will offer cashbacks regardless of the loyalty scheme. Furthermore, Liberty Life and Discovery Life offer boosts to your
investments by linking your respective Life Policy and Investment products.
Ensure greater claim certainty:
By covering more bases through covering more conditions or adding cover for your spouse and kids, you stand to significantly reduce your risk of
entering a cashflow dilemma if there is ever a claimable event. These claim payouts can change one’s financial trajectory.
