Tag Archives: Term Insurance

The Different Types of Life Insurance in South Africa

Death is a traumatic event for the people closest to the deceased. Its emotional implications are obvious, but the financial implications can be just as devastating. The deceased might have been the only breadwinner amongst his wife and three children, for instance. Or the deceased had unpaid debt, of which the payment responsibility then falls to the immediate family.

Life Insurance

Life Insurance is one of the most popular and best ways in which people in South Africa plan for their financial future. In terms of a life insurance policy, the person being insured is required to pay a premium for a specific period of time or for his entire lifetime and in return, the insurance company undertakes to pay a certain amount of money in accordance with the conditions set out in the policy document.

PSG Online Life Insurance

SG Life Insurance is one of the leading financial services provider in South Africa offering a wide range of life insurance products and services. The company is part of the PSG Konsult Group, a renowned platform which specifically focuses on insurance solutions, asset management and wealth management for businesses and individuals.