Want to secure your family’s future in 2026? A life insurance policy and a valid Will can work hand in hand.
There’s no better feeling than stepping into a new year knowing your family is protected, no matter what life brings. Life insurance is a powerful start, but it works best when paired with a legally valid Will. Together, they can work hand in hand to secure the future of the people you love the most.
Why You Really Want A Will
We believe every South African should have a Will. A Will outlines who inherits what, who cares for your children, and how your estate should be handled. If you pass away without one, your estate (all your money and possessions) will be distributed according to South Africa’s Intestate Succession Act. It’s kind of like a one-size-fits-all template and won’t necessarily be in line with what you’d have preferred. Also, because it’s handled by the Master of the High Court, it could take many months, sometimes even years, to wrap up. There can also be extra or unnecessary costs.
Having a Will means you can make your wishes clear and can prevent confusion amongst your family. You’ll also be able to appoint an executor, someone you trust, to handle all the paperwork. This can go a long way towards speeding up the process.
Align Your Wishes With Your Life Cover
Having a life insurance policy completes your protection plan for your family. A life policy is designed to provide quick financial support by paying a lump sum directly to your chosen beneficiaries if you pass away due to accident or illness – so be sure to keep your beneficiaries up to date. This payout happens outside of your estate, which means it doesn’t depend on what assets you own. Even if you don’t leave behind a house, investments or a large savings balance, your loved ones can still be financially supported through your cover.
Your Will then picks up where your policy ends by outlining how the rest of your estate should be handled. If you’re a parent, it allows you to appoint a guardian who shares your values and will step in for your children if something happens to you. It also lets you leave instructions on how their inheritance should be managed until they’re old enough. This can work alongside your life insurance cover, which provides the financial support they would need as they grow up. Together, these two documents create clarity, stability and long-term protection for your family’s future.
MiWill Makes Planning Simple
Creating or updating a Will doesn’t have to be overwhelming. MiWayLife’s MiWill service makes it easy to draft a valid Will without complicated paperwork or costly consultations. It guides you step by step, helping you outline your wishes clearly so that your loved ones are protected and your estate is handled exactly as you intend. It will be legally recognised, safely stored and you won’t have to worry about nominating an executor as this will be taken care of.
The Bottom Line
A new year is the perfect time to get your life admin in order and give your family the peace of mind they deserve. With MiWayLife by your side, securing your legacy and protecting your loved ones becomes simpler, safer and far less stressful. This way, you can step into 2026 with confidence knowing that the people you love are always protected.
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
