Is your family fully covered for medical expenses related to pregnancy and childbirth? If you do not have gap cover in place, there are certain maternity/childbirth expenses that will not be covered by your medical aid or hospital plan. We unpack the additional expenses you can expect in this case, and how gap cover can…
Is having income protection worth it?
What financial consequences will you experience if infected with Covid-19 or any other temporary illness? If you are unable to work and lose all or part of your income as a result, income protection can cover you financially in these instances. Income protection ensures that you continue to receive your tax-free monthly income if you…
Protect your business from the impact of lockdown
Most business owners are aware of the potential risks that could affect their businesses, such as storm and fire damage, theft, or employee injuries. In addition to these factors, national lockdown restrictions imposed by government can be added to the list, due to the rise of Covid-19. As a result of lockdown, the majority of…
Tax benefits of your retirement annuity
With the tax year of assessment drawing closer, it is now the time to ensure that you are making the most of your tax benefits associated with your retirement annuity (RA). The deadline for RA contributions for the 2021 tax year is 28 February 2021, so it is important to note the following information regarding your…