myPRO Guardian Trust Cover:


Do you have loved ones, whether they're children or adults, who rely on you for their financial well-being?

Consider this: If something were to happen to you today, what would become of them? How would they manage financially, and who would step in to take care of them? Ensuring their quality of life becomes a pressing concern, that needs careful consideration.

While appointing a guardian is a common approach, it's important to acknowledge the financial challenges they might face in providing education, housing, and lifelong support. You'd naturally want to choose someone you trust for this role and prevent the misuse of funds at the expense of your beneficiaries' care.

INTRODUCTION

As a devoted parent, you've dedicated your life to ensuring your children's needs are met – physically, emotionally, and financially. However, navigating the complex world of financial security for your loved ones can be confusing and costly. Many lack the knowledge and guidance needed to establish the correct and legal solutions for their family's care after their passing.

When it comes to safeguarding your dependent beneficiaries, whether they are children or adults, there are two distinct outcomes to consider:

1. If you do nothing, they will become state institutionalised or they land up with a life on the streets. The government decides their guardianship, and any funds you may have left them will end up in a questionable Guardian Fund. Recent incidents of corruption in such funds highlight this solutions risk.

2. Alternatively, you can proactively protect and provide for your loved ones by establishing the necessary financial safeguards. A Testamentary Trust, alongside an appropriate policy, can ensure their well-being and place them under the care of a trusted guardian with the support of our legal team to look after their best interest.

Make no mistake, choosing the second option is vital if you wish to avoid the first default scenario.

HOW IT WORKS

When you pass away, and if your cover is still in force, then the policy pays the full sum assured value into the testamentary trust that gets formed by your executor. Your trustees (in this case, MyProtector) then administers and manages the funds according to your instructions that are recorded within the testamentary trust on behalf of your listed beneficiaries. Myprotector will report to the high court and show how the funds are being managed within the law and in the most effective and efficient way possible.

We are unwaveringly devoted to the financial well-being of our members, and our dedicated team is poised to provide expert guidance on your financial journey, empowering you to plan your life with unwavering confidence and wisdom. Our mission is to position ourselves as a premier membership organisation committed to safeguarding your distinct family legacy, founded on bespoke financial and legal principles.



Ways to apply


Here's how to obtain this product

	Simply get a quote from this web page
	or,
	Do this on your LegalTech Platform under the 'My Services' section
	Follow the onboarding instructions and receive your policy document
	Then, choose from a variety of value added products and services only available to subscribing members
	Note: Your quote will be done by our financial insurer partners. We do not provide financial advise, however our attorneys will provide you with education and support when you need guidance.