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Investec Life launches in South Africa

By Kirsten Hastings, 10 Nov 17

Investec has added life insurance to its banking and investment services offering in South Africa.

Through Investec Life, South African clients of Investec Private Banking will have access to a range of products to protect their life, lifestyle, family and wealth.

They include: Life, Disability, Income Protection, Mortgage Protection, and Severe Illness.

Clients can choose how they select and purchase life insurance, either through Investec’s digital platform or through a team of specialist Investec Life advisers. Alternatively, they can contact their private banker or the firm’s contact centre.

Market research and analysis

Richard Wainwright, chief executive of Investec Bank SA, said that, in the development of Investec Life, the company conducted extensive research and analysis to uncover clients’ life insurance needs.

“We acknowledged that life insurance products are an emotional purchase. Our clients want their lives and loved ones to be financially secure, so a one-size-fits-all approach was never the answer. Investec Life’s emphasis is on products that are easier to understand and use and adaptable to clients’ individual needs, while ensuring comprehensive protection.”

Investec Life chief executive Michael Goemans added: “Our approach is to collaborate to provide a bespoke and comprehensive life insurance solution geared for financial stability when our clients experience a life-changing event. More than this, we partner with them at each life stage to ensure this cover evolves with them as their personal needs change.”

Tags: Investec | South Africa

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.