A Letter from your insurance policy

One of the profound realities of the insurance industry is that you can only get it, when you don’t need it! This article will explore the power of your insurance policy and offer unique insights into its importance.

Q: When is the best time to own a Parachute?

A: When you need one!

When times are good – we live, laugh and love… but often forget to plan. When times aren’t so good – we tend to reflect, regret and wish we had planned ahead… that is the most painful. My opinion is that it is better to have something and not need it – than to need something, and not have it. One of the profound realities of the insurance industry is that you can only get it, when you don’t need it! Insurance doesn’t necessarily mean a happy ending – but can be the difference between a sad one and a happy one.

The Power of Your Policy:

You and I have similar purposes in this world.

It is your job to provide food, clothing, shelter, schooling, medicine and many more things for your loved ones. You do this while I am tucked away safely in a box.

I have faith and trust in you. Out of your earnings will come the cost of my upkeep. At times, I may appear insignificant to you – but someday (and who knows when) you and I will change places.

When you are laid to rest, I will come alive and do your job. I may provide food, clothing, shelter, schooling, medicine and many other things your family will continue to need – just as you are doing now. When your work and labour are done, mine will begin. Through me, your legacy can carry on.

Whenever you feel the price you’re paying for my upkeep is burdensome, remember all that I can do for your family when you are gone.

If you do your part, I will do mine. I promise

Sincerely yours,

Your policy.

While we are on this earth we have the power to determine our own path. We can build, grow and provide for our loved ones as we see fit. A sports tour for your eldest, guitar lessons for your youngest, a beach getaway for the family during the year end holidays. When times are good, they’re great. Now is the best time to ensure that you can continue to provide for those you care about, beyond your lifetime, or beyond your ability to provide for them. You work hard for your money, so it makes sense that you want to make sure as much of it as possible is protected should something happen.

What do you want your legacy to be?

“If I had my way, I would write the word ‘insure’ upon the door of every cottage and upon the blotting book of every public man, because I am convinced, for sacrifices so small, families and estates can be protected against catastrophes which would otherwise smash them up forever.

It is the duty to arrest the ghastly waste, not merely of human happiness, but national health and strength, which follows when, through the death of the breadwinner, the frail boat in which the family are embarked, founders and the women and children and the estates are left to struggle in the dark waters of a friendless world.” – Winston Churchill


The information contained in this document does not constitute advice by IWCP. Any legal, technical or product information contained in this document is subject to change from time to time. If there are any discrepancies between this document and the contractual terms and conditions, the contractual terms and conditions will prevail. Any recommendations made by an adviser or broker must take into consideration your specific needs and unique circumstances.

IWCP is an Affiliate of Liberty Group Limited. Liberty Group Ltd is an Authorised Financial Services Provider in terms of the FAIS Act (no. 2409). Terms and Conditions apply.

For more details about any product benefits, definitions, guarantees, fees, tax, limitations, charges, premiums/contributions or other conditions and associated risks, please speak to an IWCP Financial Adviser or your Broker.