Restricted Endowment
A restricted endowment policy is one from which a cash advancement or a loan has been made. Although the company you purchased them from cannot offer you a further cash value until maturity, we are able to offer you cash now.
Voluntary Annuity
A voluntary annuity is a long-term insurance product purchased at any time with after-tax voluntary or discretionary savings that will pay you a guaranteed annuity. In certain instances, we can offer you a cash value for your voluntary annuity.
Fixed Deposit
A fixed deposit is an investment you make for a fixed amount of time (term) at an agreed rate of interest. At the end of the term, you receive the amount you have invested plus compound interest. In certain instances, we can offer you a cash value.
Life Cover
Life cover is a policy that pays out a lump sum in the event of a death which can then be used by you or your loved ones to cover any financial obligations. If you have had your life cover for over 20 years, we could be in a position to offer you a cash value.
Living Annuity
A living annuity is an investment designed to give you a regular income throughout your retirement. You can choose your investment funds and choose to select an income from 2,5% – 17,5% annually. We cannot purchase living annuities.
Retirement Annuity
A retirement annuity is an investment that helps you save for retirement. It offers significant tax advantages over other investment vehicles to encourage saving. We cannot purchase retirement annuities.