Insurance is a time tested business sector that facilitates the equitable transfer of the risk of a loss,from one entity to another in exchange for money.It is a form of risk management primarily used to hedge against the risk of a contingent or uncertain loss.The transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurers promise to compensate the insured in the case of a financial loss. In a fast growing South African industry, one name that has strongly emerged is Different Life Insurance.
Different Life is a registered financial services provider whose life policies are underwritten by Old Mutual Alternative Risk Transfer Limited, a registered insurance company in the Old Mutual Group.This firm has committed itself to providing the best possible service and make life insurance simple, inexpensive and effective. Using advanced technology, Different Life enables anybody at anytime to get a comprehensive range of insurance products with just a few clicks,from getting a quote to purchasing a policy,the whole process is friendly.
Depending on your income,you can qualify for Life Cover of between R100,000 and R10 million. With life cover in place, you will know that your family and financial commitments will be taken care of when you are gone.This finance can be used for settling your personal debts,family debts, medical bills, paying school fees and more. It can also be used to provide investment income for dependents recurring expenses such as education and living costs.In the bigger scheme of things, its an inheritance for chosen beneficiaries. You can also customise your Life Cover to include add-ons such as accelerated funeral,terminal illness benefit, double accident and guaranteed insurability benefit.
This fast rising insurance firm has also distinguished itself by being charitable.This means your first monthly payment on your policy and the first payment every year will become a donation, allocated to a good cause of your choice through Different.org. If you refer a friend or family member to Different Life Insurance and then buy a policy as a result of your referral, you will automatically be rewarded with another different donation.
Contact can be made on 0100201921.