We all know of someone who has buried their own child. It is one of the most painful experiences that a parent can go through. To make matters worse, often times when this happens, the grandparents have to look after their grandkids and raise them as their own. Our country has many children who are raised by their grandparents.

It is for this reason that it is important for us as parents to speak to our children about money. We must encourage them to have life cover, especially when they become parents. The life cover would help with school fees, university fees and other necessities for the child, in case a parent dies while the child is still young.

But having life cover is not enough, it is also important to draft a Will so that the life cover payout can be managed by independent trustees who will ensure that the money is used mainly for the benefit of the children.

Contact ThuthukaSA so that we can assist you with your life cover and Last Will and Testament.