Creating a new generation of remarkable women starts with financial empowerment. March is globally recognised as Women's History Month and, if you’re South African, you’ll know we have a wealth of history-making women to celebrate.
From anti-apartheid heroes like Winne Mandela and Helen Suzman to iconic artists like Miriam Makeba and now Tyla, the youngest African Grammy award winner, South African women aren’t afraid to challenge the status quo or let their voices be heard. Still, as we honour those who are paving the way, let’s not forget that many are still caught in an ongoing struggle for financial security and protection.
As it stands, nearly half of all South African households are headed by women who act as the breadwinners as well as the caretakers. They also bear the responsibility of ensuring their family stays afloat financially, both in the present as well as in the future via careful budgeting and wise investments. Unfortunately, the wage gap between men and women still exists and, as a result, so does an insurance gap. A recent report found that South African women either aren’t insured or only have 40% of the death cover and 45% of the disability cover they would need.
Let MiWayLife change that today!
Clearly, we want all South Africans to thrive, but financial empowerment for women remains especially important when you consider they’re the backbone of our economy and the pillar of our families. This is where life insurance comes in. It’s a brilliant financial tool that can help secure your family’s financial future in the event of your passing, ensuring they can take care of their daily living expenses and even achieve long-term goals, such as education for a new generation of brilliant young women.
If you’re not sure how much life insurance you’d need, use our handy life insurance calculator to find out in a flash. You can then get a then get a quick online quote. Many people think that life insurance is “only for the rich” but this is a myth. While the cost will depend on several factors, including your age, health, and lifestyle, life insurance can be very affordable. As an example, you could get R500 000 worth of life cover from MiWayLife for just R164 per month.
MiWayLife makes life insurance easy
If you’re a female breadwinner, you’re always going to be busy. This is why we make life insurance simple. Once you’ve decided how much life cover you’d like, you’ll pay a monthly premium and this amount will be paid out in a tax-free lump sum to your beneficiaries in the event of your passing. Our 4-in-1 policy also includes an accelerated funeral benefit, terminal illness benefit and funeral cover for you and your family members – all for one premium!
As we celebrate the triumphs of history-making women, let us remember that life insurance is a powerful tool to equip all women with the peace of mind they need to thrive. So, as we honour the legacy of women who’ve shaped the past, let’s use today to safeguard your family’s legacy and the next generation of extraordinary women.
Did You Know:
You can now take out life cover with us online in a few simple steps. No calls and no agents! Make sure to take care of those you love today by buying MiWayLife cover online.
