When you take out a Life Insurance policy, you typically have the option to select a Level Premium or an Increasing Premium pattern.
Level Premium means that for the lifetime of the policy you will be paying a premium that is directly in line with the benefit or cover you have. The other option, Increasing Premium, means you pay a discounted premium in the beginning, but the premium increases every year for the lifetime of the policy. Click here to read more about Increasing Premiums.
TRIARC is an authorised financial services provider FSP45009. TRIARC insurance products underwritten by Guardrisk Life FSP76. Council of Medical Scheme
Number ORG 4040.