GROUP BENEFITS AND GROUP RISKS
We thank you for giving us the opportunity of introducing our company to you. We are truly an independent insurance brokerage that prides itself with solid LRA knowledge and always keeps abreast of sectorial determination changes. We do this to ensure our clientele are protected and up to date with gazetted changes or promulgated acts.
Who is WRC and Welshfin?
Welshfin has been in operation for 28 years. We have become one of the largest independent unlisted brokerages in the South Africa and have a national clientele base. We currently service a number of large organisations in the field of employee benefits (including : Medical Aid, Group Risk, Group Investment, Buy and Sell Agreements, Key Man, Professional Indemnity and Full Spectrum Short Term Cover.) WRC is juristic representative of Welshfin and the service, administrative partner in the Eastern Cape. Welshfin is one of the preferred service providers to SENPF (Security Employees National Provident Fund).
We have looked how employee benefits can retain key personnel in organisations and believe that it is essential in retaining scare skills. WRC prides itself in reducing costs and maximising employee benefits within these types of funds. We are not a “tied” brokerage and are one of the true independents that operate within this industry. We believe that not every insurance product provider will suit every company employee benefits needs. We look for the best proposal that meets the company’s needs then through a series of information collecting processes and company assessments we fine tune the risk benefits.
Most companies within the employee benefits area of operation solely base benefits on salary and industry. We on the other hand segment the overview into employee duties and importance to the company, age, education coupled to the above mentioned processes. This intern reduces the risk and the premium drastically per client as the correct risk is assessed upfront.
I have listed some of the services we provide to our clientele:
Employee Risk Cover
- Assessment of duties
- Current policy structure, quotation uniformity and future performance.
- Life Cover overview at a glance
- Increases Premiums vs Benefits
- Percentage of Free Cover for existing staff with pre-existing conditions
- Life Cover
- Disability and Impairment Cover
- Sever Illness and Dread Disease Cover
- Funeral Cover
- Child Education Cover
- Mortal Remains Repatriation Cover
- Mortgage Protector
- Premium Waivers
- Continuation Benefits (If employee leaves the group – this is free of underwriting)
Employee Investment
- Comparison of Fees (Platform, Service and Admin) Overview of Reduction in Yield.
- Life cycle risk analysis
- Guarantees
- Target Dated Retirement Funds
- Free Fund Switches to maximise positive return months.
Partnership Assurance
- Overview of current Buy and Sell contract.
- Business valuation.
- Current policy structure, quotation uniformity and future performance.
- Tax deductions and estate duties.
- Life Cover overview at a glance
Key Man Assurance
- Overview of cover.
- Key man evaluation.
- Type of cover required.
- Quotations maintaining uniformity in policy structure and performance.
Wills and Living Testaments
- Yearly updated
- Free Service for Employees
- Negotiated Executor Fees
We trust that you find the above in order, but should you have any queries kindly do not hesitate to contact myself, assuring you of our best attention at all times.
Warren H Fry
041 3733768
232 Cape Road, Port Elizabeth
An Authorised Financial Service Provider, FSP No. 13424 |
Our USP is: National footprint, local value based service.
We sell: insurance,risk,life cover,medical aid, group benefits,liability cover,assurance,dread disease, income protection,retrenchment cover,bond cover,car insurznce
Address: 232 Cape Road Newton Park Port Elizabeth Eastern Cape 6050 South Africa
Contact: Warren Fry
Mobile Phone: (074) 211-2888
Landline: (041) 373-3768
WRC Financial Services Web Site: