FEATURE
This is where the PPS Sickness and Permanent Incapacity ( S & PI ) benefit comes into play . Tailored specifically for graduate professionals , this benefit ensures that if an individual finds themselves sick for seven days or longer , they will continue to receive financial support , allowing life to go on uninterrupted despite the unexpected .
WHY THE PPS S & PI BENEFIT IS THE RIGHT CHOICE Even if your client continues to receive an income , they will still receive the benefit to ensure their financial wellbeing , with minimal hassle . The PPS S & PI benefit is designed with the needs of graduate professionals in mind , offering :
• Comprehensive protection : Support during temporary illness ( from as little as seven days ) or permanent incapacity , covering clients for as long as necessary , even until retirement .
• Flexible options : Cover that extends beyond traditional retirement ages , offering peace of mind for clients throughout their careers .
• Global reach : Unrestricted cover worldwide , with payouts starting after seven continuous days off work and paid retroactively from the first day of illness .
• No income loss required : Clients can receive payouts even if their illness does not cause income loss , such as those with sick leave benefits or those in professions where a locum can cover their work during recovery .
• Extreme sports : Full cover for hazardous activities like scuba diving and motor racing , with no extra premiums .
• Supplementary income : This benefit ensures clients ’ lifestyles remain unchanged during recovery , providing financial support alongside their regular income .
These features make the PPS S & PI benefit especially valuable to clients in professions like law , medicine , engineering and IT , where specialised risks require equally specialised solutions .
MORE THAN INSURANCE : BUILDING FINANCIAL RESILIENCE PPS goes beyond providing insurance – it operates on the principle of mutuality , sharing its returns with members through the PPS Profit-Share Account™ *. This is an important benefit for your clients because , even when they need to claim , they continue to qualify for allocations to this account . The Profit-Share allocations often make up a substantial portion of members ’ retirement benefits , helping to ensure their long-term financial well-being .
WHY ADVISE YOUR CLIENTS TO CHOOSE PPS ? The goal is simple : to ensure that graduate professionals feel prepared , protected and supported . With the PPS S & PI benefit , your clients can face life ’ s uncertainties with confidence , knowing that their income , lifestyle and independence remain secure . By protecting their earning potential , they are not just planning for life ’ s challenges – they are future-proofing their success .
In today ’ s unpredictable world , it is more important than ever to take steps to protect your clients ’ financial well-being . With PPS as a partner , graduate professionals can focus on building their careers and enjoying life , knowing they are prepared for life ’ s what-ifs . As an adviser , you have the opportunity to offer this peace of mind to your clients and help them navigate life ’ s uncertainties without compromising their long-term success .
* Members holding qualifying life-risk products share in the profit and the loss of PPS through the notional PPS Profit-Share Account™ and past performance is not necessarily indicative of future performance .
Wimpie Mouton
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