Qina Advisory

Getting started

Help, I'm new to this
insurance thing!

You’re in the right place. Insurance and investing can feel overwhelming, so we’ve made it simple: free tools, plain-language guides, and a real person to talk to when you’re ready.

Financial planning

A financial plan is simply a map: where you are now, where you want to be, and the steps to get there. Your first needs analysis with a Qina adviser is free and comes with no obligation.

01

Discover

We get to know you: your family, income, goals, and the policies and savings you already have.

02

Analyse

We work out what you’d need if something went wrong, and what you need to save to reach your goals.

03

Recommend

You get a written recommendation comparing suitable products from different providers, with every cost explained.

04

Review

We check in every year, and whenever life changes, to keep your plan on track.

Tutorials, minus the jargon

Short answers to the questions everyone has, but not everyone asks.

Your premium is the amount you pay, usually monthly, to keep your policy active. It’s based on how likely you are to claim and how much the insurer would have to pay out.
The excess is the part of a claim you pay yourself. If your car repair costs R20 000 and your excess is R5 000, the insurer pays R15 000. A higher excess usually means a lower premium.
Your answers determine your premium and, importantly, whether a claim will be paid. Always answer honestly and tell your insurer when things change, like a new address or a new driver.
You report the incident to your insurer or your adviser, submit supporting documents like quotes or a police case number, and the insurer assesses the claim. Your Qina adviser helps you with each step.
A medical aid covers hospital and day-to-day costs. A hospital plan covers mainly hospital admissions. Gap cover pays the shortfall when specialists charge more than your medical aid pays. Read the full guide.
PMBs are a set of conditions, including emergencies and many chronic illnesses, that every medical scheme must cover by law, subject to scheme rules like using designated service providers.
It’s growth on your growth. If R1 000 earns 10%, you have R1 100. The next year you earn 10% on R1 100, not R1 000. Over decades, this snowball effect is the biggest driver of wealth.
Savings accounts are great for short-term needs, but over long periods their interest often struggles to beat inflation. Money you won’t need for five years or more usually belongs in growth investments.
A unit trust pools money from many investors and is managed by professionals, who invest it in shares, bonds, property or cash. It’s an easy, diversified way to invest from a small monthly amount.
A beneficiary is the person who receives a life policy payout. Nominating one means the money can be paid directly to them, usually far faster than going through your estate.
Lump-sum disability cover pays a once-off amount if you’re permanently disabled. Income protection pays a monthly amount, replacing your salary while you can’t work. Many people need both.

Jargon buster

Beneficiary

The person or people who receive a payout from your policy.

Premium

What you pay each month to keep your cover active.

Excess

The part of a claim you pay yourself before the insurer pays the rest.

Underwriting

How an insurer assesses your risk to decide your premium and terms.

Waiting period

Time after joining before you can claim certain benefits.

Exclusion

Something a policy specifically does not cover.

Annuity

A product that turns your retirement savings into a regular income.

Risk profile

How much investment ups and downs you can comfortably handle.

Inflation

The rate at which prices rise, which reduces what your money can buy.

Still have questions?

There’s no such thing as a silly question. Chat to an adviser for free. We’ll explain your options and never pressure you into anything.

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