Volume 14, FEBRUARY 2008
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Professional Protection

FINANCIAL ADVISOR NEWS

To find out more about FMI’s income protection products, please contact our Broker Distribution Team on: 0860 10 52 08 or email us at sales@fmi.co.za.

 

 

 

 

Professional Elect has been designed for a selected list of 36 qualified professionals whose income is often directly related to a professional standing and hence a lifestyle that needs to be protected.

 

4 great features of this product are:

 

· Maximum cover levels of R120 000 pm on the Temporary (TIP) and Permanent (PIP) Income Protection benefit and a Business Overhead Protector benefit with a maximum cover level of R100 000 pm, thereby offering your clients a potential R220 000 monthly cover;

 

· Termination ages that extend to 70;

 

· A 7 day accident and illness waiting period (primary cover) and;

 

· A Prostaff benefit aimed at protecting up to 10 staff members in the event of an accident or illness. This can enhance the cashflow of the practice by supplementing the capital available to pay any temporary personnel needed to fill the gap of the disabled employee.

 

With over 12 years operating experience in the income protection sector, FMI understands the importance of this critical cover.