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Young Parent



​​​Young Parent

As a young parent starting a family, your priorities are focused on providing a safe home and financial security for your loved ones.​​

​​​What if you could no longer work or take care of the family?

  • Because as a husband you suffered a heart attack?
  • Because as a wife you were diagnosed with breast cancer?
  • Because as a parent you had a stroke and were temporarily paralyzed?
  • Or lost a limb?

Are you adequately covered against the financial impact of these ​risks?

  • Will your spouse be able to pay for day- care and housekeeping?
  • Will your children be able to complete school and  tertiary education if you pass away?
  • Would your family be able to pay the  bond or a motor vehicle loan if you become critically ill or passed away?
  • What would happen to your family’s standard of living if you became disabled?

How much is enough cover?

Good to know


How to reduce the risk of a claim not being paid

Here are a number of ways to help ensure that you provide all relevant information and that your claims are paid:

  • Advisers should point out that failure to provide full medical and financial information at application may delay the underwriting processes and it could also lead to the cancellation of the policy or reduced payment at claim stage.
  • Consider the questions on the application form carefully and provide all relevant information.
  • Consider tele-underwriting if some of the information is sensitive − all client details are treated confidentially and stored securely with access to only a small number of authorised staff.
  • Regularly review your cover to ensure it remains in line with your needs and can be supported by financial evidence.​ ​​​​​​​​​​​​​​​​​​​​​​


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Liberty Group Limited - an Authorised Financial Services Provider in terms of the FAIS Act (Licence no 2409)​