Verifin BlueStar - Financial Advisory Services authorised by Sanlam

Verifin BlueStar - Financial Advisory Services authorised by Sanlam VeriFin BlueStar is situated in Worcester, and we not only service Boland, but now also Gauteng!

June month is Men's Health.Men's health is a state of complete physical, mental, and social well-being, as experienced b...
30/05/2024

June month is Men's Health.
Men's health is a state of complete physical, mental, and social well-being, as experienced by men, and not merely the absence of disease

Helping you. Helping your loved ones.
15/02/2024

Helping you. Helping your loved ones.

Women's Month is an annual declared month that highlights the contributions of women to events in history and contempora...
02/08/2023

Women's Month is an annual declared month that highlights the contributions of women to events in history and contemporary society. Women’s Month celebrates the spirit of the strong, beautiful, independent, powerful, beloved and resilient women in our lives and the heroines that came before them.

JULY is National Savings Month- to raise awareness about the importance of saving money, aimed at bringing about a shift...
04/07/2023

JULY is National Savings Month- to raise awareness about the importance of saving money, aimed at bringing about a shift among South Africans towards a culture of saving

28 June marks Insurance Awareness Day Insurance Awareness Day is the ideal opportunity to remind all of us that insuranc...
28/06/2023

28 June marks Insurance Awareness Day

Insurance Awareness Day is the ideal opportunity to remind all of us that insurance is a must-have, a lifeline for their finances, and a way to get back on their feet in the event of an emergency.

How can we assist you!

Nurses Day is an international day observed around the world on 12th May each year, to mark the contributions that nurse...
12/05/2023

Nurses Day is an international day observed around the world on 12th May each year, to mark the contributions that nurses make to society. We are forever grateful to you!

How to determine your life cover needsRisk cover is a fundamental component of a financial plan. Still, it can be challe...
08/05/2023

How to determine your life cover needs

Risk cover is a fundamental component of a financial plan. Still, it can be challenging to choose the appropriate cover, as your needs evolve according to your life stage. This simple guide helps to demystify the main types of cover, and some key considerations are discussed:

Types of cover
• Death cover (also called life cover) pays out on your death.
• Disability cover essentially protects you when you’re unable to work. There are two categories:
o Permanent disability cover pays a lump sum.
o Income protection provides risk cover in the form of a monthly income if you cannot continue with your occupation, either permanently or temporarily.
• Severe illness cover (also known as dread disease cover) protects your income if you are diagnosed with a severe illness. The purpose of this cover is to mitigate the financial impact of living with severe illness, rather than covering the cost of treating the disease.

As a starting point, it is important to think about how your family will support themselves if you, as a breadwinner, pass away or lose your income, or become disabled or severely ill. It is advisable to work with a financial adviser to identify and fill the gaps, as part of a holistic financial plan.

As far as risk cover is concerned, most clients have a primary need to protect their income, to take care of their family when they cannot – either due to death or disability. Next on the list is to settle all debts and estate costs, and to protect the beneficiaries’ standard of living. In general, life stage and circumstances determine the cover that needs to be in place.

However, as every client’s circumstances are unique and change over time, they need a customised financial plan to suit their needs, to be reviewed regularly with the help of a financial adviser to keep it relevant.

Contact us today to see how we can be of service to you!

Sanlam Life is a Licensed Life Insurer, Financial Services and Registered Credit Provider (NCRCP43)

Address

70 High Street
Worcester
6850

Opening Hours

Monday 08:00 - 16:00
Tuesday 08:00 - 16:00
Wednesday 08:00 - 16:00
Thursday 08:00 - 16:00
Friday 08:00 - 16:00

Telephone

+27233471601

Website

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