MY FUTURE PLAN - PPS Future Plan.pdf · With the My Future Plan Solution you can easily take out:*...
Transcript of MY FUTURE PLAN - PPS Future Plan.pdf · With the My Future Plan Solution you can easily take out:*...
M Y F U T U R E P L A N
H A R S H R E A L I T Y
We often insure our car and home but not ourselves without even realising that our biggest asset is our ability to earn an income. Graduate professionals often earn millions over their working careers.
We meet our partners, set off with our families and accumulate the possessions we long for, but do we think of the challenges that reality sometimes presents?
Life is full of constant changes and doesn’t always go according to plan. PPS can protect you and your family if something should happen to you. We have been protecting graduate professionals for over 72 years.
It is easy and affordable to get PPS cover. Beat the harsh realities of life by ensuring you are adequately covered.
COMMON S ICKNESS CLAIMS FOR PROFESS IONAL S UNDER 35:
2012 PPS PERMANENT INCAPACIT Y CLAIM STAT IST ICS - MEMBERS UNDER 35:
COMMON DEATH CL AIMS FOR PROFESS IONAL S UNDER 35:
MalesFemales
78% were
Total Permanent
Incapacity
(100%) awards
Psyc
hiatri
cG
astro
inte
stin
alRe
produc
tive
Traum
aRe
spira
tory
Mus
culosk
eleta
lEa
r, Nose
& Th
roat
30% of that –
accidental
head injuries
PERMANENT INCAPACITY: MOTOR CYCLE ACCIDENT
Member Age 29
Profession Engineer
Claim Spinal cord injury due to accident, causing spastic quadriplegia
PPS Award Total Permanent Incapacity (100%) until the age of 66
DEATH: LUNG CANCER – NEVER SMOKED
Member Age 29
Profession Medical Intern
Claim Passed away due to lung cancer, member never smoked
PPS Award Member did not have life cover, ������������������ �������������
DEATH: MOTOR VEHICLE ACCIDENT
Member Age 28
Profession Economics
Claim Passed away due to motor vehicle accident
PPS Award Life cover paid out
48 % of that – other
accidental injuries such
as spinal cord injuries
and loss of limbs
2012 PPS CL AIM EX AMPLES - MEMBERS UNDER 35:
MalesFemales
Accidental Cancer Other Natural Heart
0%
20%
40%
60%
80%
100%
Y O U R D R E A M S
Have childrenGet married Provide for my family to live comfortably
Pay off my student loan
Take up an extreme sport
Pay off my dream wedding
Travel the world Work overseas
F A M I L Y
Own a car Own a motorbike
Own a boat or plane
Own a house Own a beach house
Always enjoy my possessions
P R O P E R T Y
Start working Get big promotions, salary increases and bonuses
Be my own boss
Always enjoy what I do
Always work independently
C A R E E R
�� ���������������������������������������������� future potential, giving you the freedom of choice for your own career path
PPS SICKNESS AND PERMANENT INCAPACITY BENEFITS
MY FUTURE SICKNESS AND PERMANENT INCAPACITY OPTION
�� ���������������������������������������������� devices to remain independent in your work environment
PPS PROFESSIONAL DISABILITY PROVIDERTM
PPS PROFESSIONAL HEALTH PROVIDERTM
�� ���������������������������������������!���������������� career and start saving towards a comfortable retirement
PPS PERSONAL PENSION
�� "�������������������������������������������������#!�
PPS PRESERVATION FUNDS
MY FUTURE PLAN SOLUTIONWhen you are young and healthy it is the right time to take out insurance. With the My Future Plan Solution you can easily take out:*
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MY FUTURE S ICKNESS AND PERMANENT INCAPACITY OPT IONShould you receive a promotion, salary increases and bonuses you can quickly and easily increase your PPS Sickness and ����������$����������!������!����!���������������J��Q�����������������������������$����������X�����Q��@ZZ
MY FUTURE L IFE COVER OPTION[��������������������������������������������������������������������������������������>��������\���������] a baby or incurring debt by submitting a short My Future Life Cover Option Form.***
�� ����������������������!���������������� surviving loved ones can continue enjoying � ��������������!����������
PPS PROFESSIONAL LIFE PROVIDERTM
MY FUTURE LIFE COVER OPTION
�� �������������������������������������� you can continue enjoying your possessions
PPS PROFESSIONAL HEALTH PROVIDERTM
PPS PROFESSIONAL DISABILITY PROVIDERTM
SSSS TTTT UUUU DDDD EEEE NNNNN TT
C A R E E R P R O P E R T Y
O U R S O L U T I O N
�� �������������������>���������������>����������� a legacy for them to continue living comfortably and � �������������������
PPS PROFESSIONAL LIFE PROVIDERTM
MY FUTURE LIFE COVER OPTION
�� ������������������������������������������������� living comfortably
PPS PROFESSIONAL HEALTH PROVIDERTM
�� ��#��������������������>������������������������� part in hazardous pursuits without the worry of whether you are covered
THE WHOLE PPS SUITE OF PRODUCTS
�� ��������������������^����������������������������� goals in a structured and disciplined manner
PPS ENDOWMENT PLAN
�� $������������������������������
PPS INVESTMENT ACCOUNT
PPS exists solely for its members. We offer insurance and ������������������������������������������������������������������ stages, occupations, genders and employment.
It is our philosophy to pay all legitimate insurance claims fast and effectively without hassles. Our comprehensive investment range is competitively priced and transparently structured.
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F A M I L Y
REEEE
TTT IIII RRRREEEE
MMMMEEE
NNNTTTT
W H Y P P S ?
* Only available to members or prospective members until they turn 35. Subject to full underwriting.
� ZZ� �����!����������������!��������������������������������$����������!����������������������}~@�_��������������������������$����������!����������������!�������������� ordinary rates with no loadings or exclusions. First option must be exercised within 18 months of the last application form and subsequent options must be exercised within 12 months of the previous option. The option is only available until the earliest of: 1. The option being exercised 5 times, or 2. Until the policyholder turns 35, or 3. Until the Gross Professional Income the member wants covered exceeds R1.7 million. The PPS Declared Annual Increases will not apply, when the member makes use of the option. Subject to limited underwriting.
�ZZZ� �����!����������������!��������������������������������������������������������@�_��������������;�������������!����������������!����������������������������������� loadings or exclusions. The option may be exercised only once per year. The option is only available until the earliest of: 1. The policyholder not exercising the option once every 3 years, or 2. The total life cover reaching R5 million, or 3. Until the policyholder turns 44. The PPS Declared Annual Increases continue to apply. Subject to limited underwriting.
**** PPS members with qualifying products.
pps.co.za_��� ����������� ��������� ������� �������� _����� �� $_� }-/=/3--@� \���� �������� _����]@� ���� $��������� ������� ;������� +��@��@� /33-=3-��}3=3�@� ���� $����������� \���]� ;������� +��@� �@� /33~=3/�3��=3�@� ���� $��������� \;������� �@� -3��]� ���� ����Investments (License No. 39270) are Authorised Financial Services Providers. All information and opinions provided are of a general nature and are not intended to address the circumstances of any particular individual. We are not acting and do not ������� �� ���� ��� ���� ���� ��� ��� �������� �� ��� �� �������� ��������@� ��� �������������� �� ������ ��� �������� ��� ����������purposes only. The information provided in this document are subject to terms and conditions applicable to any policies issued by PPS Insurance, and the General Terms, Conditions and Declarations for the PPS Investments product suite . ©2013 PPS.
April 2013