In a first for South Africa, Discovery Life has launched an off-shore life policy which potentially pays out on death, disability and severe illness in USD to an account anywhere in the world.
Premiums are paid here in SA at the prevailing exchange rate using the annual discretionary forex allowance available to individuals.
Subject to certain conditions, Discovery are offering a three year exchange rate guarantee on premium conversion up until December this year.
For more information please contact your Maximus adviser.
- 11 Oct, 2018