What are the opening hours?

Monday 07:30 - 17:00 Tuesday 07:30 - 17:00 Wednesday 07:30 - 17:00 Thursday 07:30 - 17:00 Friday 19:30 - 16:00

Multi Trust Insurance and financial Brokers, 4 Da Gama Street, Springs (2026)

Multi Trust Insurance Brokers is a family owned and operated insurance company established in 1968 by founder the late Fred Edward van Heerden. In 1975 he acquired offices in Santam building on 5th Avenue in springs
The current director of Multi Trust is Jacobus Frederick (Jacques) van Heerden, oldest son of Fred Edward van Heerden. Jacques has been in the family business since 1980 and is a well-

respected and well known businessman in town. He has been practicing as an Independent Broker since 1980 and is a member of Masthead Financial Advisors Association, a professional body of the Financial Services industry, who monitor the company’s compliance and services like practice management and technology support by virtue of my membership. Multi Trust is still in springs with a staff of 8. A copy of the license, which contains details of the financial services he is authorized to provide, as well as any exemptions, is available for inspection. We offer a comprehensive service with personal and commercial insurance packages. This includes us giving you a quotation up to the stage where the policy is implemented. Not only that, but we are also there to assist you in the case of claims and losses of any nature and any other changes that are necessary to be made to your policy as your situation changes over time. We also offer very competitive premiums to cater for your needs. The premium may not always be the cheapest but will definitely be worth the service. For an obligation free quotation please contact our office on 011 815 3316/7

Our specialist advice includes the following:

• Financial Goal Planning – Short Term, Mid Term and Long Term.
• Investment Planning – Savings, Expenditures, Investments.
• Risk Management – Live Cover, Accidental Cover, Severe Illness Cover.
• Retirement Planning.
• Organised Budget Planning.
• Tax Planning.
• Estate Planning

01/11/2020

Contact us for early cancer detection cover. This is Breast Cancer Awareness month

21/11/2018

Make your 40s financially awesome with these tips and tricks

You may have planned your finances in the past but your circumstances and needs have changed so it’s time to review it all again. Don’t forget that you’ve probably worked for the same amount of time as you have left in your career, so if you’re not in control of your financial future, here are five financial commandments you should follow right now!

Now that you are forty, it’s time to become financially fabulous., You have a steady job, your net worth is on the up and your lifestyle choices are probably quite stable.
You may have planned your finances in the past, but your circumstances and needs have changed so it’s time to review it all again. Don’t forget that you’ve probably worked for the same amount of time as you have left in your career, so if you’re not in control of your financial future, here are five financial commandments you should follow right now!

1) Revisit your investments

As you get older and more secure in a job, your monthly salary starts to increase which means that you have extra money to put away each month. This is a good time to take a look at the investments you made in your 20s and 30s and see if you can add more money to them, especially to your retirement plan. Our advice to you is to also start an emergency fund that you put money into every month in case of an emergency such as you losing your job.

2) Make sure you are adequately covered

None of us like to admit that the older we get, the more health problems we may experience, which is why you should take a look at increasing your medical cover by upgrading to a more comprehensive plan or taking out gap cover. Also, it is a good idea to evaluate other insurance policies you may have such as life insurance or disability insurance to see if they still sufficiently suit yours and your family’s needs.

3) Reduce your debt

We have spoken about this topic numerous times but we cannot stress enough how important it is to get rid of any debt you may have.

4) Update your estate plan

If you created your estate plan (including your will) over 5 years ago, it is a good idea to take a look at it and make necessary changes. Your circumstances have changed over the last few years; your family may have grown, or you may have gotten a divorce, which means you need to update your will. If you have not yet created a will or trust, now is a good time to do just that. By having a comprehensive estate plan, you don’t have to worry about those left behind if you should pass away unexpectedly.

5) Start saving for university fees

As a parent, you want to give your child the best education possible and with the lending criteria in South Africa becoming stricter, there is no guarantee that your child will be able to get a student loan, which means that you will probably have to financially support them. Therefore, we recommend that you start saving as early as possible for their education. You can do this through investments such as stocks, unit trusts, education policies, high-return investments to name a few.

13/11/2018

SINGLE AND CHILDLESS?? YOU STILL NEED LIFE INSURANCE

Single people usually don't need life insurance because no one depends on their income, but there are times when it's necessary to have one.
Single people are under the impression that they do not need life insurance, especially if they don’t have children. Yet, life insurance is not only meant for married couples and parents.

Here are some ways in which life insurance can still benefit you:

IT HELPS YOU PLAN FOR THE FUTURE

The earlier you start, the more you save, and the cheaper insurance is, says Mike Luyt, senior strategic and intelligence analyst for Metropolitan Retail.

If you wait too long to buy life insurance, your premiums will be more expensive as you may not be in good health anymore.

According to Luyt, as you get older you may get too sickly to be insurable. In some instances, the insurer may give you cover but may charge you an exorbitant premium or even exclude death from the condition you’re suffering from.

Even if you don’t have children now, you don’t know what the future holds.

“Cover yourself now while you still qualify for affordable coverage, ensuring low premiums if and when you decide to start a family,” says Luyt.

IT PROTECTS YOUR SALARY

If something happened to you and you couldn’t work anymore, you would want something to replace the salary you lost, right?

Gretchen Pletschke from IndieFin says there’s income protection and disability cover for this. She says you can use these as your gateway to life insurance as it requires no family nor dependants.

IT SERVES AS SECURITY FOR YOUR DEBT

If you are buying a house or applying for a loan, your credit provider will require credit life insurance to insure your debt should something happen to you, according to Pletschke.

Normally when you have debts and you pass away; your estate proceeds are used to settle them. However, when you have life insurance, that can be used to cover these debts.

IT MAKES BUSINESS SENSE IF YOU HAVE A BUSINESS

If you are part of a joint financial venture, it can also provide protection. When you die or are unable to work, your business partner may struggle to keep the business afloat without your contribution.

According to Matthew Kloos, chief financial officer at CompariSure, having the appropriate life insurance in place will ensure that the livelihoods of all those dependent on your business will be protected.

IT ENSURES THAT YOUR LOVED ONES ARE TAKEN CARE OF WHEN YOU DIE

You may not have dependants, but you may be sending money to a relative e.g. a parent or a sibling. Having life insurance will make sure they are not deprived of your financial help when you are gone.

IT HELPS YOUR FAMILY PAY FOR YOUR FUNERAL EXPENSES

When you pass away, someone will need to pay your funeral expenses. Therefore, having life insurance will ensure that the people you leave behind are not left in debt or wondering how they will cover your funeral expenses.

This article has been prepared for information purposes only and it does not constitute legal, financial, or medical advice. The publication, journalist, and companies or individuals providing commentary cannot be held liable in any way. Readers are advised to seek legal, financial, or medical advice where appropriate.

12/11/2018

4 Financial products to think about at 40

Your 40s are the most important decade of your life because you are halfway between entering workforce and retirement. Therefore you should make sure that these financial products are in order:

Despite the adage that says life begins at 40, this age comes with many life experiences. An average person is expected to have their finances in order at this stage. However, once you reach your 4Os it is important to review the following products:

Retirement plan

By now you should have your retirement plan in place. Finance experts agree that you should start saving for your retirement as soon as you receive your first pay cheque. At this age you should be reviewing your plan. Your circumstances have surely changed - maybe you got married or divorced, have children or are earning more. However, if you are only starting to save now, you need to be more aggressive so that you meet your goals.

Life insurance

Life insurance might have not been a necessity when you were young and single. But now you might no longer be the same person you were a decade ago. Chances are you have people that rely on your income, e.g. spouse and children. Make sure that these people do not suffer when you pass away. Even though life insurance is going to be a bit expensive at your age, it’s better to buy it now than to wait until later as the costs increase with age.

Mortgage

Paying off your mortgage should be one of your priorities. You do not need to pay it all at once. A large lump sum now and then can help you lower the interest on your mortgage. This will ensure that you focus on more important things like your retirement plan and the children’s education.

Education plan

A quality education does not come cheap. Education costs increase every year. To ensure that you or your child don’t incur debt because of fees, it is important that you save well in advance. If you already have a plan, review it to ensure that it matches the ever-rising education fees.

Emergency fund

You might have been living from pay cheque to pay cheque for the past decades of your life but setting up an emergency fund will go a long way in ensuring that you cover those unexpected costs. You can start small, but your goal must be to cover at least three months of expenses. If you are not sure how to start saving, talk to a financial adviser who will help you draw up an effective budget.

"This article has been prepared for information purposes only and it does not constitute legal, financial, or medical advice. The publication, journalist, and companies or individuals providing commentary cannot be held liable in any way. Readers are advised to seek legal, financial, or medical advice where appropriate."

03/10/2018

Thank you to Old Mutual Insure for the new branding. Looks great.

Old Mutual Insure

Address

4 Da Gama Street
Springs
1498

Opening Hours

Monday	07:30 - 17:00
Tuesday	07:30 - 17:00
Wednesday	07:30 - 17:00
Thursday	07:30 - 17:00
Friday	19:30 - 16:00

Telephone

+27118153316

Website

https://www.multitrust.co.za/

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