The festive season is over, the braai smoke has cleared, and we’re staring down the barrel of a brand new year. We’ve made our resolutions, maybe even written down some ambitious financial goals.
But along with the hope and optimism January brings, there’s often that familiar feeling: a mix of excitement and anxiety. School fees are looming, those December splurges are showing up on our credit card statements, and the rising cost of fuel and food is a constant reminder of the economic pressures we face.
Here at Workerslife, we’re not just about traditional life insurance; we offer customisable short-term insurance like our Life and Live Secure Benefit, designed to get you closer to your goals today – not just “some day.”
Bridging Short-Term Goals and Long-Term Security
A startling statistic reveals a significant gap in South Africa’s financial preparedness: only 10% of South African consumers have life insurance, excluding funeral insurance, according to the FACA study.
This means a vast majority are leaving their families vulnerable to financial hardship should the unexpected happen. We’re determined to change that with affordable short-term insurance aimed at enhancing your present.
This innovative product provides income replacement of up to 80% of your income for up to 10 years (minimum 5 years) should you pass away.
While this ensures your loved ones are financially secure in the long term, it also unlocks opportunities to achieve your immediate goals.
Here’s how it works:
Imagine having the financial freedom to aggressively tackle high-interest debt, knowing your family’s income is protected.
Picture yourself confidently boosting your savings, securing that down payment, or building a robust emergency fund, all while knowing your loved ones have a safety net.
The Life and Live Secure Benefit provides this peace of mind, allowing you to focus on your financial well-being now. This benefit will also provide for your family, ensuring they are able to meet their financial goals even if you are no longer there.
More Than Just Life Insurance
At Workerslife, we understand that financial security extends beyond savings and investments. Unexpected legal challenges can derail your progress. That’s why we offer Comprehensive Legal Insurance starting at just R160 per month.
With 24/7 access to qualified lawyers, coverage for various legal matters (criminal, civil and labour), bail assist and a retrenchment benefit, you’re empowered to face legal hurdles without the crippling financial burden.
The Workerslife App: Your Everyday Support System
We also offer the Workerslife app, designed to simplify your life. It’s packed with features, accessible right from your phone.
- Stay connected with affordable data and SIM deals.
- Save on groceries with 24/7 access to discount coupons.
- Get help fast with bail assistance and fine assistance.
- Enjoy peace of mind with armed response and tyre assist in emergencies.
- Easily manage unforeseen expenses related to accidents and potholes.
- Track loved ones with live location and geo-fencing features.
Frequently Asked Questions
I thought life insurance was only for when someone passes away. How can it help me with my current financial goals?
Our affordable short-term insurance options – such as the Life and Live Secure Benefit – provide income replacement, which means your family will continue to receive a portion of your salary even if you’re no longer there.
This can give you the financial flexibility now to pay off debt faster, save more, or build an emergency fund while still providing for your family’s future.
Are there any age restrictions for applying for these policies?
Yes, there are usually age limits for both the Life and Live Secure Benefit and Comprehensive Legal Insurance.
These can vary depending on the specific policy. It is best to speak to one of our advisors to find a product that best suits you.
Why should I trust Workerslife with my financial future?
As a 100% black-owned South African company, we understand the unique challenges and aspirations of our communities. We’re committed to providing transparent, tailored solutions and empowering our clients to make informed decisions. Your financial well-being is our priority.
Connect with one of our expert advisors, and we will assess your individual needs and build a customised quote for the Life and Live Secure Benefit, Comprehensive Legal Insurance, or both.