Businesses Archives - Ongeza Life

Self-employed people

admin — Sun, 11 Sep 2022 20:25:10 +0000

Same as SMMEs above, self-employed people tend to overlook the need for life cover.

Mostly self-employed people have irregular income, making the Ongeza Life Plan the way to go.

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SMME’s

admin — Sun, 11 Sep 2022 20:24:30 +0000

Small and Medium-size businesses tend to have no group life cover arrangements for both the principal member and the employees.

The principal member is encouraged to open Ongeza Life Plan accounts for self and also for all the employees, whereby top-ups can be made by the employees voluntarily.

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Seasonal income earners

admin — Sun, 11 Sep 2022 20:23:40 +0000

The seasonal income earners category includes farmers, who normally earn their income seasonally, e.g. harvest time.

This product suits this category as the farmer can always allocate a portion of the income to buy life cover and skip the months when there is no income without having to lose the cover already accumulated.

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Employers – Long term service awards

admin — Sun, 11 Sep 2022 20:23:04 +0000

You as an employer can buy some amount of cover on a once-off basis for your employee as a long-term service award.

You could also buy the product for your domestic worker and/or gardener – e.g. rather than giving a big monetary Christmas bonus, you could allocate a portion of this to buy your worker life cover that will never lapse.

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