MyMoney Online, Make Money Mondays

Safeguarding your family’s financial wellbeing if something should happen to you

(Also read "Do you need an expensive funeral policy when you've got life insurance?")

The Money Show’s Bruce Whitfield interviewed Peter Dempsey, deputy CEO of the Association for Savings and Investment South Africa (ASISA).

Dempsey spoke about the importance of taking out life insurance.

Scroll down for quotes from the audio below.

You must be open and honest. But the issue is about material disclosure. We’re not talking about a sprained ankle seven years ago.

Peter Dempsey, ASISA CEO

I’m an unashamed cheerleader for life insurance.

Peter Dempsey, ASISA CEO

You should have enough life cover so that if you die your family gets an income close to what you brought in while alive.

Peter Dempsey, ASISA CEO

The bloody hand can’t inherit.

Peter Dempsey, ASISA CEO

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