08 Mar, 2022 - Medihelp products
The value of good advice
The value of good advice
We tend to make financial decisions based on where we are in life and not on what lies ahead. This is also the case when it comes to choosing a medical aid.
Most people choose a medical aid option that they can afford. More often than not, the plan's benefits will then not meet their needs, leaving them with depleted benefits early in the financial year or without any cover at all for a critical medical need.
It is possible to avoid this by consulting with an accredited financial adviser specialising in medical cover.
Why do I need to speak to an adviser?
It's always a good idea to educate yourself on the options available to you before making a financial commitment that will influence your future.
An accredited financial adviser is familiar with all the available cover options in the industry and is not emotionally invested in your decision, which means he or she can evaluate your needs and financial abilities objectively. Then, based on your needs and budget, your adviser will recommend the best solutions.
Why can't I pick any option that looks affordable?
If you select a plan that does not provide proper cover for your healthcare needs, you will end up paying more from your own pocket for services not covered by your plan than the cost of the higher premium. An adviser will be able to point out any such errors in judgment.
Good advice can therefore save you a lot of money in the long term.
Financial advisers must meet strict industry and legislative standards to achieve their accreditation. They are required by law to provide you with advice that is tailored to your specific needs and budget, even if it is not profitable for them. They alert you to existing and future risks, to ensure that your health is properly cared for at a fair price.
When you meet with a Medihelp accredited adviser, you'll get professional advice according to your specific circumstances, but the final decision is yours to make without any obligation to accept the adviser’s recommendations. The difference is that you will be considerably better informed when making your decision.
Keep in mind that every financial decision you make has a long-term impact on your future prosperity and well-being. Every smart decision you make puts you in a better position to care for your health and save for the future. An accredited financial adviser can help you avoid the pain of trial and error by guiding you through the process.
