PPS is another great example of ‘n Boer maak ‘n Plan! Members are covered be it for health, disability, extreme sport, injury or death – no matter where in the world they live. What’s more PPS always pays out first and they don’t aggregate – in other words they don’t take in to account similar cover with other insurance companies to reduce claim values. PPS pays!
The more PPS benefits one acquires, the larger the distribution to your member Profit Share Account. With the PPS mutuality philosophy, which means sharing the company’s operating and investment profit, members effectively enjoy tax free profit share!
We implore Fresh Milk readers who are PPS members to retain and maintain their policies at all cost whilst enjoying global cover wherever in the world they are. The only thing you’ll never be sure of is how much more you’re going to receive at retirement age than you expected. We call that a luxury problem. To review the status of your PPS benefits and Profit Share Account feel free to contact us.
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Licensed South African Financial Services Provider FSP # 42872