Financial Analysis

The essence of any Financial Advisor’s business is objective and comprehensive financial planning. At the core of this lies defining your personal objectives and financial goals, obtaining information about your personal and financial situation, product experience, conducting a thorough analysis, and then developing strategies designed to help you towards reaching these goals.

A comprehensive financial need analysis should include planning for life cover, retirement, savings, investment, medical and risk benefits. The analysis would include aspects such as the material terms and conditions, tax implications, liquidity, investment returns, costs, and a comparison of different products that may be appropriate. Provided sufficient time and information is available, a needs analysis will accurately identify and effectively address any needs or shortfalls.

Please note that my financial planning process and current legislation requires that a financial analysis must be conducted prior to furnishing you with financial advice. However if I am currently unable to conduct a comprehensive analysis for you, either due to insufficient time or information, or due to you only having a specific need to be addressed, then I would like to invite you to provide me with instructions to conduct a more comprehensive analysis at your earliest convenience.

Financial Analysis

Should you not understand any aspect of the advice furnished or products recommended, please advise me immediately so that I can clarify any uncertainties.

The analysis and advice is based on a set of assumptions, including the current tax regime and legislation, growth rates, the rate of inflation and that the information provided is correct. Any financial plan must always be viewed against the background of current financial realities and possible future developments. The figures should be used for illustrative purposes only and should not be regarded as guarantees of any nature, unless they are a specific term or condition of the financial product. It is critical that you understand the impact that the rates and assumptions could have on the result of this analysis and ultimately the realisation of your financial goals.

Financial Analysis Info Sheet

The Death benefit should be adequate to top-up the Estate, on the premature death of the insured.
Disability benefit is payable on the temporary or permanent disability of the insured.
Critical Illness provides a lump sum benefit on diagnosis of an insured illness.
Future Cover is a facility to guarantee life/disability and critical Illness cover into the future irrespective of health, with the provision of a negative HIV test.
Accidental Death or Disability benefit will only pay out as a result on unnatural events. Due to the restriction, it does work out cheaper that the normal unrestricted cover.
Funeral Benefits pays out life cover on the death of the insured.
Business Overhead Expenses provides cover for business expenses in the event of a temporary disability.

There are a number of other benefits that have not been mentioned above that can be taken.