Life insurance | Couple embracing and enjoying life

01 Apr 2022

Is life insurance an investment and how it works

At the start of your career, you are focused on getting the assets that support your status and lifestyle as an emerging professional – for example, buying a car or a property. While you may often overlook it, you are your most important asset at this point in your life.

When you take out life cover, you are protecting your long-term income earning potential and legacy. If you are a professional working at a reputable firm, you may be sufficiently covered by your employer. However, there are other elements you need to consider, including whether you are perhaps over insured.

 

Watch the video

 
Selae Thobakgale hosts this episode of In conversation for young professionals. She is joined by Natan Brittz, Senior Actuarial Analyst, and Chandika Bhana, Financial Adviser at Investec Life.
 
Selae Thobakgale hosts this episode of In conversation for young professionals. She is joined by Natan Brittz, Senior Actuarial Analyst, and Chandika Bhana, Financial Adviser at Investec Life.

  • Skip ahead

    [02:03]  Insurance myths busted

    [03:13]  What do you need to consider when it comes to life insurance?

    [05:01]  How do you choose life insurance products to suit your needs?

    [05:40]  Is the life insurance cover you get from your employer enough?

    [06:38]  How do you ensure you are sufficiently covered?

    [08:38]  How should you prepare for death?

    [09:32]  Insurance for your side hustle or business

    [10:54]  Affording insurance

    [11:29]  Loading on insurance

    [11:49]  Insurance premiums – how do they work?

    [14:08]  Tips on life insurance

Listen on the go

Selae Thobakgale hosts this In conversation for young professionals life insurance podcast.

Watch the full series

Getting life insurance as a young adult has its advantages. Watch our video on how to see life insurance as an investment for you as an emerging professional and learn how it can benefit you.

“You are your greatest asset, protect yourself, invest in yourself, and make it happen.” – Chandika Bhana, Financial Adviser at Investec Life.

Interested in becoming an Investec Private Banking client?

Get started today

Find out how to qualify for an Investec Private Bank Account.

 

Watch more episodes from the In Conversation for Young Professionals series

{[post._title]}

  1. {[$index + 1]}

GET MORE INVESTEC LIFE INSIGHTS FROM INVESTEC FOCUS

{[post._title]}

  1. {[$index + 1]}
PRIVATE BANKING

For young professionals

A Private Banking partner as you build your career and future.
PROTECT

Life insurance and Income Protection

Insurance cover that pays out should you not be able to work due to illness, injury or a permanent disability.
PROTECT

Car and household insurance

Get exclusive access to Pinion car and household insurance, available through Aon South Africa

WHAT WE OFFER

You may be interested in

left
Disclaimer

Investec Private Banking, a division of Investec Bank Limited registration number 1969/004763/06. Investec Private Banking is committed to the Code of Banking Practice as regulated by the Ombudsman for Banking Services. Copies of the Code and the Ombudsman's details are available on request or visit www.investec.co.za. A registered credit provider registration number NCRCP9.

Investec Life Limited, a member of the Investec Group, is a registered Long-term Insurance Company (Reg.No. 1944/017130/06) and an authorised Financial Services Provider (FSP number 47702). The video on this page contains factual information and should therefore not be regarded as financial advice. Terms and conditions apply.

Browse further in