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Structuring insurance cover for pensioners

Posted By Marilynh / February 17, 2020 / 21 Comments

The wisdom of maturity
and its resultant low-level risk deserves its just rewards
– the reason why Alexander Forbes is offering
pensioners cheaper but broader insurance cover

 

Alexander Forbes - 5

 

The wisdom of maturity and its resultant low-level risk, deserves it’s just rewards. “Older people take fewer risks on the road,” says Alexander Forbes Insurance spokesperson Colin Mchunu. “Insurance claims data shows that older people treat their possessions with a great level of experience, responsibility and care.”

Mchunu said this insight had resulted in Alexander Forbes Insurance extending wider personal and household insurance cover to people aged 55 years.

“In fact our 55 Plus pensioners’ product offers cheaper but broader cover. Most of the excesses on this policy have been waived and the premium also recognises the fact that generally pensioners do not drive in peak hour periods. This distinctly elevates the insurance status of those who are older than 55 years,” he said.

Alexander Forbes Insurance acknowledges that there are different risk profiles to various age groups, and the company does not apply a one-size-fits-all approach when calculating premiums.

“The cover includes no basic excess payable and lower premium for living in a secured property. The policy also includes a driver service, 24-hour accident, emergency and telephone assistance and pays vehicles out at current retail value, not market value,” says Mchunu.

“Having a product that specifically caters for the needs of this group and their financial well-being is beneficial for older people, especially as medical costs usually escalate during retirement so finding the most affordable household and personal cover can help save money.”

 

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and stories, in the comments section below…

 

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Distinctly elevating the insurance status of those aged 55 plus

Alexander Forbes 55 Plus

 

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Comments

21 Comments

  • Cecelia Dobes
    February 19, 2020 at 2:38 pm

    I’m interested

    • Marilynh
      February 20, 2020 at 11:03 am

      Hi Cecelia

      Your name and email address have been sent on to Alexander Forbes, who will contact you directly regarding your query.

      Regards, YEI

  • Lauretta Harvey
    February 19, 2020 at 2:58 pm

    Hello
    Am very upset
    I might join Alexander Forbes. I sent my details to them via SAARP. Haven’t yet received a phone call.
    Lauretta Harvey

    • Marilynh
      February 20, 2020 at 11:03 am

      Hi Lauretta

      Your name and email address have been sent on to Alexander Forbes, who will contact you directly regarding your query.

      Regards, YEI

  • Cecille de Winnaar
    February 19, 2020 at 2:58 pm

    Any Car insurance

    • Marilynh
      February 20, 2020 at 11:02 am

      Hi Cecille

      Your name and email address have been sent on to Alexander Forbes, who will contact you directly regarding your query.

      Regards, YEI

  • Elizabeth Scherman
    February 19, 2020 at 3:44 pm

    Do you have international travel insurance?

    • Marilynh
      February 20, 2020 at 11:15 am

      HI Elizabeth

      We don’t think so, but we will let Alexander Forbes respond directly to you regarding this. We will send you some research that we have found out.

      Kind regards
      YEI

  • Barbara Meyer
    February 19, 2020 at 4:32 pm

    Please can someone contact regarding the Alexander Forbes 55 plus insurance

    • Marilynh
      February 20, 2020 at 11:02 am

      Hi Barbara

      Your name and email address have been sent on to Alexander Forbes, who will contact you directly regarding your query.

      Regards, YEI

  • Mary Kelly
    February 19, 2020 at 6:14 pm

    Does Alexander Forbes offer travel insurance for seniors?

    • Marilynh
      February 20, 2020 at 11:02 am

      HI Mary

      We don’t think so, but we will let Alexander Forbes respond directly to you regarding this. We will send you some research that we have found out.

      Kind regards
      YEI

  • Linda
    February 19, 2020 at 8:00 pm

    kindly forward me your rates for homeowners & motor insurance.
    house R1200000
    motor car Corsa 2004 model

    • Marilynh
      February 20, 2020 at 11:01 am

      Hi Linda

      Your name and email address have been sent on to Alexander Forbes, who will contact you directly regarding your query.

      Regards, YEI

  • LYNNE LEE
    February 19, 2020 at 10:00 pm

    I AM INTERESTED TO GET A QUOTE VIA EMAIL PLEASE. THANK YOU

    • Marilynh
      February 20, 2020 at 11:00 am

      Hi Lynne

      Your name and email address have been sent on to Alexander Forbes, who will contact you directly regarding your query.

      Regards, YEI

    • Marilynh
      February 20, 2020 at 11:30 am

      Attention: Lynne Lee

      Hi Lynne

      Your name and email address have been sent on to Alexander Forbes, who will contact you directly regarding your query.

      Regards, YEI

  • Noel Brady
    February 20, 2020 at 6:55 am

    I want a quote for my personal insurance please call me.

    • Marilynh
      February 20, 2020 at 11:00 am

      Hi Noel

      Your name and email address have been sent on to Alexander Forbes, who will contact you directly regarding your query.

      Regards, YEI

  • Cheryl nelson
    February 20, 2020 at 3:28 pm

    Hi, interested as well, thanks

    • Marilynh
      February 21, 2020 at 9:07 am

      Hi Cheryl

      Your name and email address have been sent on to Alexander Forbes, who will contact you directly regarding your query.

      Regards, YEI

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