Services
Insuring your most important assets means that in the event of an accident you aren’t set back financially. Life Current works with a preferred partner who is an expert in short-term insurance. We’ll be able to look at options for you to make sure you’re getting great cover at a great premium.
Examples of common short-term insurance services we assist our clients with are as follows:
- Motor vehicle insurance
- Home / building insurance
- Home contents insurance
- All risks cover / insuring a specific asset (e.g. laptop or jewellery)
- Other – send us a note if what you’re looking for is not listed here
Medical insurance is a crucial component to keeping you and your family’s wellbeing looked after, especially given the cost of specialist care. Life Current has handpicked partners who specialise in medical insurance to be able to answer all your medical related questions before comparing and selecting an option that’s the best fit for you and your family.
Examples of common medical services we assist our client’s with are as follows:
- Medical aid (hospital cover only)
- Medical aid (including a savings component)
- Gap cover (to cater for the shortfall between your bill and what medical aid covers)
- Other – send us a note if what you’re looking for is not listed here
Life insurance ensures you can provide an income in the event you’re unable to work or support your loved ones in the event of your passing. It can be used to pay off debt on your home loan, provide for your children’s education, or to ensure you have a liquid estate. Life Current can support you to assess your requirements or simply compare options to ensure you’ve got great cover for a great premium.
Examples of common life insurance services we assist our clients with are as follows:
- Life insurance (providing a lump sum in the event you’re your passing)
- Income protection (replacing an income when you’re unable to work)
- Disability cover – lump sum (providing a lump sum in the even you’re unable to work)
- Severe illness cover (providing a lump sum in the event you have a critical illness)
- Life insurance assessment (helping you assess your life insurance needs)
- Other – send us a note if what you’re looking for is not listed here
Each investment has a goal, whether it be maximising your wealth, building for retirement or saving for your children’s education. Your goal and the timeframe you have to reach it, will determine the strategy you take, the product with associated tax benefits you select, as well as the asset classes you invest in. Life Current can support you to invest appropriately to reach your investment goals and manage your risk in the process of doing so.
Examples of common investments services we assist our clients with are as follows:
- Investing for retirement (assessing your retirement needs and investing to meet them)
- Investing offshore (assessing your offshore investment options and implementing)
- Investing for your children’s education (education cost assessment and investment planning)
- Opening up an investment (for those who don’t find time – we select the right platform, and asset classes for your selected product)
- Investing for a particular goal (Have another goal? Tell us about it and we’ll help you get there)
Advice that spans across one’s financial portfolio is needed for example when conducting a more whole scale review of your financial concerns with the view to improving across the board. Planning one’s estate is another area which takes a broad view of your assets and life insurance in combination with your Will order to ensure it is carried out the way you intended it to. This component of our services as one would expect is more in depth and would require a deeper level of engagement from you.
Examples of common analysis provided for our clients:
- Comprehensive financial needs analysis – a complete review of your financial world and accompanying improvement plan
- Estate planning – a process to ensure your estate and related affairs are in order
- Specific request – do you have an unusual request? Tell us about it and we’ll support where possible
Fees
Life Current earns its keep in one of three ways depending on the service you’re requested:
- Insurance related products / services – For any risk / insurance policies we support you to open, a commission is paid by the underwriter and is not paid for by the client.
- Investment related products / services – When managing your investments, we work in one of two ways
- For clients with an ongoing relationship – we charge a percentage fee or fixed fee based on the assets we manage on your behalf.
- For once off clients – we charge a fee for providing your analysis, strategy, platform, product and asset class guidance.
- Once off analysis & advice fees – For more bespoke and holistic analysis we charge a once off fee commensurate with the analysis effort required.
All our fees are discussed transparently and prior to any service being provided. You’re welcome to ask for such a discussion at any time.
