Living Lifestyle Benefits
Psidean Financial Services
Financial, Insurance Brokers, Financial Planning
Life has no limitations, except the ones you make. Les Brown
Own your life and prepare now for your and your family’s financial future The impact of serious illnesses on your life.
The impact of a critical illness or traumatic event on your lifestyle should guide your decision on the type of cover you need.
In some cases you cannot return to work, temporarily or even permanently, and this may result in you being dependent on your family financially, or if you’re supporting your family they will lose your
This may lead to you having to sell your house or car to pay the monthly bills.
This cover is essential because it helps you to provide for the costs associated with recovering or recuperating from a critical illness. The Living Lifestyle benefit from Liberty Life helps you to provide for yourself and your family and gives you peace of mind to recover free from worry.
The Living Lifestyle solution
The Living Lifestyle benefit pays out a lump sum if you are diagnosed with one of the 31 specified conditions, including trauma-related injuries. Payment is determined by the severity and level of the critical illness based on the benefit categories and payment criteria as outlined by Liberty. There are more options available on the Living Lifestyle plan for more comprehensive cover.
Benefit Categories covered by the Living Lifestyle benefit:
• Cancer and leukaemia
• Cardiac and cardiovascular system
• Multiple sclerosis
• Motor neuron disease
• Parkinson’s disease
• Myasthenia gravis
• Alzheimer’s disease and progressive dementia
• Other central nervous system disorders
• Renal disorders
• Urogenital disorders
• Respiratory disorders
• Chronic liver disorders
• Endocrine conditions
• Aplastic anaemia and other blood disorders
• Gastrointestinal disease
• Pancreatic disorders
• Muscular dystrophy
• Rheumatoid arthritis
• Other autoimmune disorders
• Ear, nose and throat disorders
• Eye disorders
• Speech disorders
• Traumatic injuries including brain injuries, head
and neck injuries, spinal injuries and coma
• Loss of and loss of use of limbs
• Major burns
• Accidental HIV
• Catch-all benefit.
Adding the Extended Option
If you add the Extended Option to your Living Lifestyle benefit, then between 5% and 15% of your selected sum assured will be payable on the diagnosis of certain defined conditions. This option offers protection from illnesses with
a low impact on your lifestyle and are not covered on the standard benefit.
Female Living Lifestyle
As many expectant mothers know, pregnancy can be an extremely emotional time. The joy and expectation of
bringing a new life into the world is often tempered by the fear of birth and infant complications. The Female Living
Lifestyle benefit has been specifically designed with your needs in mind. This benefit is designed to cover lifestyle changing
health events specific to women – particularly those conditions related to pregnancy. It is intended to give you financial peace of mind – allowing you to focus on the wonder of this very special time in your life. The benefit provides financial assistance of up to R500 000 for pregnancy-related conditions and for congenital birth defects in your child. The Female Living Lifestyle lump sum payment will make it easier for you to maintain your standard of living during any difficult time you may
experience during your pregnancy or after your baby is born.
Child Living Lifestyle
As a parent you want the best for your children. In fact, giving them a head start is vital to their future success and
you may have already started saving for graduation day! While your only wish is to have a normal and healthy child,
the reality is that our children are not immune to disease, nor is youth a barometer of health.
Put your child’s best interests first – a childhood disease could mean substantial financial, emotional and psychological
costs to your entire family. Many parents faced with such a devastating decision are forced to make huge lifestyle
adjustments to provide the full-time care needed. If the disease progresses, families are placed under even more
strain when they have to employ a live-in nurse or relocate to an area with better healthcare facilities.
As a parent who wants only the best for your child, ask yourself this question: ‘If the worst happened and my child
contracted a serious physical disorder or illness, would I be able to cope with the expenses involved to ensure the
best possible care for my child?’ For this reason, we have included the Child Living Lifestyle benefit under the Living
Lifestyle umbrella. This benefit gives you the certainty of a brighter future for your children in the event of a serious physical disorder or illness.
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