Commrisk Life is an Independent Brokerage representing all the
major Insurers and Asset Managers.
Personal & Corporate
Financial Planning

Commrisk Life (Pty) Ltd, a subsidiary of
Commrisk Insurance Brokers (Pty) Ltd, offers
a full range of life products and employee
benefits, complemented by independent
advice, a leading service ethic and a
reputation for the utmost integrity.
As a member of the Financial Planning Institute (FPI),
Commrisk Life has adopted the FPI’s 6-step financial planning
process in the following areas:
› Estate Planning
› Retirement Planning
› Business Life Assurance
› Pension Funds
› Provident Funds
› Key Man Insurance
› Life and Disability Cover
› Medical Aid
› Group Risk
› Income Protection
› Wills
Table of Contents
Estate Planning 2
Retirement Planning 3
Business Insurance 4
Investments 5
As a member of the Financial Planning Institute, we use its 6-step financial process:
1. Establish and define a professional relationship.
2. Gather data, which includes information about goals.
3. Analyse and evaluate financial status.
4. Develop and present recommendations and alternatives.
5. Implement financial planning recommendations.
6. Monitor and measure the implementation.

So, this ability – like your home – must be insured.
Income protection offers you cover if you lose income due
to injury or illness, or if you’re forced to be absent from your
regular occupation. For starters, you will need to cover your
living expenses to maintain your lifestyle during the period of
temporary or permanent disability or impairment.
› Mortgage Protection Insurance
› Dread Disease Cover
› Life and Disability Cover
› Income Protection
2
Unlike other illnesses, a dread disease is not one you should
fear dying from, but one you should fear surviving. Dread
diseases are specified catastrophic diseases, like cancer, heart
attacks and strokes, which account for up to 80% of deaths
today.
What’s more, a dread disease may shorten your life
expectancy or the remaining number of years you can work.
Additional expenses may have to be covered when you are
hospitalised, like taking care of your children, organising
transport, homecare duties, etc. Travel expenses may also
have to be incurred as part of your treatment.
› Educational planning
› Estate duty protection
› Portfolio analysis
› Funeral cover
› Wills
DREAD DISEASE COVER
WILLS
Estate Planning
A common misconception in South Africa is that, if you don’t
have a will, your immediate family will automatically inherit
everything you have when you pass away.
This is not the case. In fact, our country’s Law of Intestate
Succession allows the law to determine who is your closest
blood relative, and to distribute your assets as it sees fit. The
absence of a properly drawn up will and testament can also
cause delays in the administration of your estate – and added
trauma for those you’ve left behind.
Why draw up a will and
seek advice from a professional?
• Your assets go to the beneficiaries you desire, rather than
those identified by the courts.
• Your chosen beneficiaries are able to get the assets sooner.
• There’s a smaller chance of family disputes over property.
• You’re able to let your beneficiaries know how you would like
them to use your assets.
• The interests of children under 18 can be protected.
• If you own a business, a will protects your family against debt
liability.
• You’re able to save on estate duty with proper planning.
What is your most valuable asset? It’s not your home, although many South Africans think so.
In fact, your most precious asset is your ability to earn an income, compounded by your future
earnings potential.

However, it can often be done with fewer headaches (and
financial pain) than you might think - all that’s required is a
little homework, an attainable savings and investment plan,
and the right advisers.
In short, retirement planning is the process of identifying your
wants and needs, developing plans to achieve them, acting on
those plans and reviewing and revising them as you gain new
knowledge and experience.
The accepted wisdom is that, in future, proper retirement
planning will separate the “haves” from the “have-nots”.
3
Have a look at this table, which shows the huge difference 5 years can make when it comes to starting retirement
planning now!
Retirement Planning
This is because, thanks to the advances in healthcare and
nutrition, the life span of the average South African has
increased dramatically. A longer life expectancy increases the
likelihood that you will be able to work longer but you will
also need to save more for your retirement.
› Retirement Annuities
› Provident & Pension Funds
› Post & Pre-Retirement Plans
› Preservation Plans
While everyone would like to retire comfortably, the complexity and time required to build a
successful retirement plan can make the whole process daunting.
Retirement
income required
in today’s terms
Retirement capital
required at age 60
in today’s terms
Monthly contribution needed in terms of
the number of years to retirement
10 15 20 25
10 000 2,500,000 9,000 4,000 2,000 1,000
20 000 5,000,000 18,000 8,000 4,000 2,000
30 000 7,500,000 27,000 12,000 6,000 3,000
40 000 10,000,000 36,000 16,000 8,000 4,000
50 000 12,500,000 45,000 20,000 10,000 4,000

4
› Contingent Liability Cover
› Suretyship Protection
› Deferred Compensation
› Asset Replacement
› Business Overheads Protector
› Preferred Compensation
Business Insurance
A key person (or ‘key man’) is someone who is fundamental
to the running of the business. This person, through their
knowledge, skill or expertise, contributes to the profitability
of the business. Should this person die or become disabled,
contingencies need to be in place to ensure that the
business’s profitability is not impacted on, or that the impact
is minimised.
Ideally, a business should seek a life insurance policy, possibly
with disability and/or dread disease cover, on the life of the
key person. The proceeds of this policy will then be paid to
the business, to use as it sees fit.
We are able to offer your company advice on all your staffs
medical aid needs. We are accredited with Discovery Health,
Momentum Health, Bonitas, MediHelp, to name a few.
We will assist HR with:
› Year end revisions (benefit changes)
› Billing queries
› Advise & make recommendations on the most suitable
plan choice
› Hospital Authorisations
› General queries
We offer all of the above at no additional cost.
Does your medical aid pay for all associated services you
receive in-hospital in full? If not, you may well find yourself
with a significant shortfall due to the attending specialists
charging much more than what your medical aid is prepared
to pay.
The Gap Cover policy will:
› Provide additional cover for in-hospital specialist charges
› Enhance your existing medical scheme cover to a
maximum of 500%
› Cover charges above the medical scheme rate for
Chemotherapy and Radiotherapy
› Cover charges above the medical scheme rate for Kidney
Dailysis
› Cover co-payments for admission
A buy and sell insurance, ensures that on the death of a
business owner, the business can continue to operate with
as little disruption as possible for the surviving business
owner/s. It also ensures that the estate of the deceased
receives fair value for his/her business interest, by providing
the remaining shareholders with the liquidity to purchase
the deceased partners shares and in doing so retain full
ownership of the company.
But there are other things to consider, which is why you need
professional advice on this complex issue:
Will your spouse get along with your partners?
Will your partners have the liquidity to buy your shares?
Will an outsider become one of your partners?
BUY & SELL INSURANCE/ AGREEMENTS/
BUSINESS CONTINUITY
GROUP MEDICAL AIDKEY PERSON INSURANCE
GAP COVER

5
Investments
We have achieved investment success by first assessing
the asset allocation mix which is where 90% of a clients
investment return will come from.
By focusing on constructing the optimal asset allocation mix
to match a clients risk parameters we can optimise a clients
investment objectives. The selection of funds is left to last.
In selecting funds we first start by selecting indexation as it
is often priced at less than a quarter of traditional active unit
trusts and has performed better than many of those unit
trusts available in South Africa.
COMMRISK INVESTMENT MODEL
At COMMRISK LIFE we have an experienced team of investment professionals. Through much
research and experience we believe that understanding the concept of risk and the factors that
add to a clients investment return is what results in clients reaching their investment objectives.
We include active unit trusts that have demonstrated an
ability to beat the index consistently. In the past, advisors
would give a client many different unit trusts in case
some performed badly hoping to hedge out the risk of
underperformance. In other words they were trying to buy
the average market return. In that case we believe it to be
more prudent to buy the index as it will provide better value
over the long term.
INVESTMENTS
OTHER
› Guaranteed Endowments
› Personal Offshore Portfolios
› Unit Trusts
› Income Plans
› Education Planning
› Analysis of existing portfolios
› Financial Needs Analysis (FNA)
› Risk Profile Analysis (RPA)
› Funeral Cover
Commrisk Life (Pty) Ltd, main aim is to offer independent advice based on a selection of the best products available
in the market.
For more information contact Commrisk Life
Tel: 011 840 7000 or contact JP Seear on 082 579 6430.
Email: lifequeries@commrisk.co.za
Address: Fourways View Office Park, Sunset Boulevard Lonehill, Fourways.
Commrisk Life (Pty) Ltd is an authorised Financial Services Provider. FSP 7874.
Commrisk Life is headed by Jean-Paul Seear, a CFP® (Certified Financial Planner) with 20 years of experience in the industry.