January 4, 2018
Every day, thousands of South Africans find themselves paying ridiculous amounts of money to insurers with the hope that their loved ones will be looked after should they meet an untimely death. But what about cheap cover for the underprivileged?
“My husband has suddenly passed away – how are am I going to cope? I need to support myself and the kids but I have no income.” This may not have happened to you personally but to others it has. While there are many things in life that we can control, illness and accidents are unfortunately out of our control. And while the emotional results of suddenly losing a loved one are vast and devastating, the financial consequences can also be huge.
For many families, losing the breadwinner or a contributing salary is simply just out of the question - survival is based on them being able to provide an income every month or a wage every week. Nevertheless, many families have been forced to cope or alter their lives, living conditions and prospects to simply put food on the table and pay the bills.
Personal Insurance plans have been designed to enable individuals to prepare for the worst. With personal cover, individuals can pay an amount to an insurer every month with the promise that the insurer will pay out a set amount to family members or a specified individual should an untimely death occur.
Many insurance companies with their high premiums and very high extra expenses are simply too expensive for the majority of South Africans. For many South Africans, having a personal insurance plan is simply out of the question. So there is a huge need out there for affordable personal cover.
Prime Meridian Direct has recognised this need for South Africans to be insured for the worst and has come up with affordable personal cover products which enables underprivileged South Africans to obtain a personal insurance plan. For just R5 a day, individuals can be insured; Prime Meridian Direct will pay up to R300 000 worth of benefits out in personal insurance.
While the main perk of personal cover is to ensure that financially dependent family members are able to survive should they lose the main bread winner, there are many other benefits of having a personal insurance plan. For instance, should a breadwinner be in debt, the payout benefits will cover them, as well as funeral arrangements, and medical expenses. Expenses such as vehicle expenses and bond repayments can often be too much for a grieving family to handle. “Prime Meridian Direct’s Prime Living Legacy” will ensure that all these expenses are looked after while maintaining a family’s living conditions and lifestyles.
If you would like to ensure that your finances and family are looked after in the event of your untimely death but are unwilling or unable to pay the very expensive rates offered by most South African insurance companies, please visit the above links and get an online quote today. Alternatively, you can contact our professional and friendly agents and get a quote telephonically by calling 011 745 7800.contact Prime Meridian Direct to see what they have to say and offer you.
September 21, 2019
September 21, 2019