Build your cover with Topaz Risk Cover to suit yourself

Life is for living – to its very fullest. Yet life is also fragile. Just one mishap can wipe it all away. That's why you need risk cover – to get on with the business of living.

Choosing risk cover, however, is tricky, since your financial and personal needs invariably differ vastly from anyone else's. With Topaz Risk Cover you can choose life protection benefits according to your unique needs.

When obtaining risk cover you should apply the following analysis to your own situation (or ask a Sanlam financial adviser or broker to help you do so):

• What type of risk cover do you need?
• How much risk cover do you need?
• How long will you need risk cover for?

Your answers will determine what mix and quantities of life insurance, disability cover, dread disease cover and accident cover you need. This correct mix, and the ability to change it as your circumstances change, is crucial for sufficient risk protection.

Sanlam's new Topaz Risk Cover consists of independent and separate risk cover benefits, enabling you to select (and pay for) only the cover that you need. These risk cover benefits are:

Life cover
Disability cover
Functional impairment cover
Dread disease cover
Accident cover

As your circumstances change and your needs evolve, you simply add or remove the benefits attached to your single risk protection plan. No need to buy other policies or terminate existing ones.

Further distinct advantages that Topaz Risk Cover offers are that you may:

• take out risk cover on its own, without your cover being attached to any savings or investment option, leaving you free to manage your risk cover portfolio and savings or investments portfolio independently of one another.
  
  
• change, add to, or reduce the type of risk cover you have as and when your needs change during life.
  
  
• you can cover more than one life on a single policy, each with its own combination of benefits.

Yet probably the most innovative feature is Topaz Risk Cover's unique Functional Impairment Benefit. This is a form of risk cover against an injury or illness that may leave you with certain physical limitations, compared to that of a healthy person.  It insures against the loss or impairment of function and not against inability to continue working.

If you'd like to speak to a financial advisor about risk cover, please contact us.