Episode 5 - Discovery Life’s Kashmeera Kanji and Harry Joffe discuss the value of offshore life insurance
In this Business Talk with Michael Avery interview, Kashmeera Kanji and Harry Joffe from Discovery Life discuss the value offshore life insurance offers South Africans.
Kanji is the Head of Market Analytics and R&D at Discovery Life.
She has over 14 years of actuarial experience in health, pensions, life insurance, and reinsurance.
Harry Joffe is the Head of Legal Services at Discovery.
He has worked at the company for 23 years and is heavily involved in tax planning, insurance law, estate planning, and trusts.
In this Business Talk interview, Kanji and Joffe discuss Discovery Life’s new research into offshore life insurance.
Kanji reveals the benefits of embracing offshore risk planning, which include diversifying your risk protection and matching international costs.
Joffe then explains how offshore life insurance meets all relevant laws and regulations – both locally and internationally.
Kanji and Joffe also discuss the Discovery Dollar Life Plan.
Kanji explains why Discovery Life decided to offer this product and why it has been so successful over the past 10 years.
Joffe then details the advanced planning behind the Dollar Life Plan, including where money gets paid out, how it can be used to pay off offshore liabilities, and how the relevant estate duties work.
Kanji concludes the interview by explaining that the Dollar Life Plan is designed for South Africans of all income levels, as it is available from as little as $50 per month.
Episodes
More episodes from Business Talk Season 11
