As you may or may not already know, September is heart awareness month, which culminates in World Heart Month on the 29th of September. In 2013, The Heart and Stroke Foundation of South Africa published that statistics that revealed that about 130 heart attacks and 240 strokes occur daily in South Africa.
One trend that I have seen in my nine years of being a financial advisor is that whenever there is a downturn in economic conditions, and the cost of living becomes too high, clients tend to cancel their insurance policies or go hunting for new policies which they are told offer better different benefits at lower premiums….
This is a mistake.
The cost of living is always on the rise, and if you have someone who is financially dependent on you in any way- be they a spouse, child or elderly relative, it’s your responsibility to ensure they will be financially secure if you die.