Individuals Archives - Ongeza Life

Diaspora

admin — Sun, 11 Sep 2022 20:30:26 +0000

Most members of the diaspora residing in SA ultimately desire that their mortal remains should be repatriated to their mother country for burial if death occurred in SA.

Repatriation costs can be quite high, not to mention any other financial obligations that would require to be settled before the repatriation.

OLP is an ideal platform for the member of the diaspora to start building a fund progressively over the years until a desired amount is reached.

Note that this is an insured product, strictly regulated. In the event of death, the policy will certainly pay much more than the premiums paid.

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General Public

admin — Sun, 11 Sep 2022 20:27:33 +0000

Any member of the general public can open an Ongeza Life Plan account for themselves or their relatives.

Parents can buy a lump sum cover for their teenage sons/daughters as a starter-pack for their 18th or 21st birthday! The teenagers can then make top-ups for themselves in future.

No obligations with debit orders! Pay whenever you are able to, and your cover will grow over time.

The post General Public appeared first on Ongeza Life.

Commission Earners

admin — Sun, 11 Sep 2022 20:26:38 +0000

Estate Agents tend to have irregular income, as the sales of properties are irregular. When a sale is made, a lump sum commission is usually payable to the Agent. The Agent could use a portion of this pay-out to buy Ongeza Life Plan, which will not require regular premiums when there are no property sales.

Other commission earners, including insurance agents, also tend to have irregular payments, high in some months and low in other months. Rather than committing to a debit order for a traditional life policy, Ongeza Life Plan is more suitable.

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