Business Assurance
The pleasures and privileges of being involved in your own business can be both liberating and empowering. But as the sole proprietor or partner in a business or close corporation, this privilege also comes with a larger responsibility. Will your business survive if you are disabled or impaired in any way, or worse still, if you were to die? What if this should happen to one of your partners?
3 x 2 offers products specifically designed, through its chosen insurance companies, to be both flexible and comprehensive. It meets your business assurance needs by underpinning buy-and-sell agreements in case of your, or your partner's death or disablement, covering the risk of losing a key person in the organisation, or protecting yourself and your family against the loss of your income that results from a temporary or permanent disability.
Apart from dealing with the ongoing monthly expenses, it is quite possible that with your – or any of your key people – out of action, the business could face financial problems such as reduced sales, inability to process or deliver work, the challenge of replacing invaluable skills and entrepreneurial spirit, or meeting estate duty or tax commitments. If adequate provision is not made to cover these impacts, the business may even be forced to sell irreplaceable assets to cover costs, or even the business itself! It is here that 3 x 2 can provide assistance...
Key Person Assurance
Buy-and-Sell Agreement
Loss of Income Cover
Employee Benefits
Employee benefits address a critical South African need. We live in an environment where employer-sponsored retirement funds and group risk schemes represent the only insurance and investment many South Africans will ever have. An attractive employee benefits package contributes to the ability of your company to attract and retain high quality staff.
Why choose 3 x 2 to provide employee benefits for you and your employees?
3 x 2 offers a comprehensive range of employee benefits, which can be packaged according to the individual needs of your business and your employees, so that both benefit.
What corporate benefits solutions does 3 x 2 offer?
Retirement savings
Using 3 x 2 and its investment companies' industry-leading
administrative capabilities, employers or trustees have the flexibility
of either establishing their own pension or provident fund, or participating
in our independently managed umbrella funds.
A personal pension provides an alternative or complementary savings option of a grouped retirement annuity product that retains the convenience and efficiency of an employer-managed retirement fund.
Insured Benefits
A comprehensive range of insured benefits are available to employers
and their staff. These group risk schemes may be associated with
a retirement fund or operate on their own. They may be structured
pre- or post-tax earnings to optimise their efficiency.
Benefits include life cover, disability and impairment protection, dread disease cover and insurance to cover the cost of children’s education in the event of the death or disability of a parent.
