Financial Planning
Financial planning refers to the process of assessing an individual’s or a family’s current financial situation, setting financial goals, and creating a comprehensive strategy to achieve those goals. It involves analysing various aspects of a person’s finances, such as income, expenses, investments, debts, and assets, and then developing a plan to manage these resources effectively.
Wealth Management
Wealth management refers to the professional service of managing and overseeing the financial affairs of high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs). It involves a comprehensive and holistic approach to managing a client’s wealth and financial assets to help them achieve their financial goals, preserve their wealth, and optimize their financial situation.
Risk Insurance
“Risk insurance” typically refers to various types of insurance policies that provide financial protection against specific risks or events that could lead to financial loss or hardship. These insurance policies are designed to mitigate the impact of unexpected and adverse events on individuals, families, businesses, and other entities.
Will
A will, also known as a last will and testament, is a legal document that outlines a person’s wishes regarding the distribution of their assets and the management of their affairs after their death. It serves as a legally binding way to ensure that a person’s property and belongings are distributed according to their wishes and provides instructions for various matters related to their estate.
Estate Plannning
Estate planning is the process of arranging for the management and distribution of a person’s assets, belongings, and financial affairs during their lifetime and after their death. It involves creating a comprehensive plan to ensure that one’s financial and personal wishes are carried out according to their intentions, while also minimizing taxes, fees, and potential conflicts. Estate planning is not just for the wealthy; individuals with various levels of assets can benefit from having a well-thought-out estate plan.
Corporate Group Benefits
Corporate group benefits, often referred to as employee benefits or workplace benefits, are a collection of perks and compensation offerings that an employer provides to its employees as part of their overall compensation package. These benefits are designed to attract and retain talented employees, enhance employee well-being, and contribute to a positive work environment. Corporate group benefits can vary widely depending on the company’s size, industry.
Medical Aid
Medical aid, often referred to as health insurance or health coverage, is a financial arrangement that helps individuals and families pay for medical expenses, including healthcare services, treatments, medications, and medical procedures. Medical aid is designed to provide financial protection and assistance in covering the often-high costs associated with medical care. It is particularly important in ensuring that individuals have access to necessary healthcare services without facing overwhelming financial burdens.
Funeral Cover
Funeral cover, also known as funeral insurance or burial insurance, is a type of insurance policy that is specifically designed to provide financial assistance to cover the costs associated with a funeral and burial or cremation services upon the death of the insured person. It helps ease the financial burden on the deceased person’s family during a difficult and emotional time.