Life

Life insurance or life cover is a means of ensuring that your family or dependents are financially secure after your death.
Things to consider when investing in life insurance is the amount of cover you need, how it will be paid out and if there are options of having readily available cash while your estate is being wound up.

Our clients use life insurance products to qualify for home and business loans, to provide for people who depend on them financially, and to give their families peace of mind and financial security in the event of their death.

Our life products provide cover in the event of death of the life insured, whether accidental or health-related.

Income Continuation

The income continuation benefit pays a regular income if you experience loss of income on becoming partially or fully unable to follow their nominated occupation due to disability.

In terms of the Financial Advisory and Intermediary Services Act, 2002, Edge Financial Group is required to maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to identify, monitor and manage conflict of interest. Edge Financial Group has put in place a policy to safeguard its clients’ interests and ensure fair treatment of clients.

How the income continuation works:

  • The benefit provides monthly payments while disabled
  • It pays an income either until you have recovered from the disability and returned to work, or until you reach the selected expiry age of 60, 65 or 70.

Severe Illness

In this day and age, more and more people are being affected by life changing events such as heart attacks, cancer and strokes.
Therefore there really is no underestimating the dramatic impact such an illness can have on you and your lifestyle, not to mention your family and loved-ones.

Do you need sever illness cover?

Most people will find their financial security threatened if they contract a severe illness. There are a number of costs associated with a severe illness.

These may include:

  • Absence from work during recovery,
  • Home care during periods of illness,
  • Lifestyle changes you need to make like changes to your home, and
  • Early retirement if you are no longer healthy enough to work.
  • Insuring yourself against a severe illness will help you cope with these costs

How does it work?

  • This benefit will pay a lump sum if you are diagnosed with a covered severe illness.
  • Claim payouts are based on the severity of the illness. The severity levels have been set to reflect the financial
  • Impact of the illness on your lifestyle.
  • Your children and parents can be covered at no extra cost.
  • You have access to international medical practitioners and treatment as well.

Disability

Disability insurance functions as a replacement for part of your income in the event you become disabled. It does not generally provide coverage for one specific expense or another.

After what is known as the elimination or waiting period (a set amount of time after the disability) the disability insurance will begin paying a percentage of your income. These payments will continue for either the duration of your disability or until the time limit stated in the policy has run out.

Retrenchment cover

Should you be unable to perform your job as a result of injury, retrenchment or illness. Edge financial group can help you protect one of your most valuable assets: your future salary so that you can continue to pay your monthly bond and vehicle costs, grocery and utility bills, and all the other things that your salary normally covers. Most people pay for their home and car (and insure these assets) from their monthly income. And yet, most don’t insure that income.

Contact Edge financial group to secure your future income.

Funeral cover

While no-one ever likes to think about the unthinkable and funeral cover is often something that we simply don’t think we may need, tragedy sometimes strikes with no warning.

The stress and devastation of losing a loved one is a loss that stays with us forever, and during this time one should be able to focus on the things that matter – like supporting each other and grieving together. One of the last things that should be adding even more strain to an already difficult time is dealing with funeral costs that can run up well into the thousands.At the same time, providing a lost loved one with a dignified funeral and burial is one of the last chances to say goodbye.

This is where funeral cover comes in – you will be able to rest easier, knowing that you are able to afford to pay for not only the funeral itself, but also all those added costs that run up.

If you want to leave your family with peace of mind, don’t wait until disaster strikes before considering a comprehensive funeral policy.

Medical aid

Medical aid is a form of health insurance cover which pays for essential medical services to registered practitioners, health facilities, clinics and hospitals. This form of private health cover varies from country to country but in South Africa, it is structured as a product referred to as a medical aid. It may provide cover for an individual, couple or family and will protect the member and dependents from the financial impact of private health care costs.

The benefits of a medical aid can be best appreciated when you need it most.

So how do you choose a medical scheme or hospital plan, a specific option of the scheme, which benefits to include or exclude? In this ever-changing environment, you need the services and advice of an independent intermediary.

Someone who doesn’t only have the interests of a specific medical scheme at heart, but one who can guide you to ensure your needs is met.

An organization specializing in the healthcare industry and will assist you with:

  • Choosing the “most suitable” medical aid option in the market
  • Investigating more than 30 medical schemes and options
  • Providing pro-active advice on your present medical aid
  • Assist you with claims and query resolution

A little about us

At Edge, we do not underestimate the power of vision. We believe that one of our greatest achievements lies in the Quality of our Service. Our motto is "Keeping the end in mind", this does not only apply to our investment principles and future planning principles, but also to our principles regarding service, and what we can uniquely offer our clients.