Employee Benefits
Each benefit is designed to cater to the specific needs of employees, providing them with financial security and peace of mind in different areas of their lives. Wealth Refinery’s employee benefits is aimed at promoting well-being, financial preparedness, and overall job satisfaction.
Retirement Annuity
Many employees struggle with long-term financial planning and often fall short of saving enough for a secure retirement. Without the proper guidance and tools, employees…
THE NEED
Many employees struggle with long-term financial planning and often fall short of saving enough for a secure retirement. Without the proper guidance and tools, employees face the risk of financial insecurity once they retire, impacting their quality of life and overall well-being. Planning for retirement is critical, but complex, and employees need a structured solution to ensure they are financially prepared for the future.
THE SOLUTION
Our retirement annuity plans offer employees a structured and tax-efficient way to save for retirement. These plans are designed to help employees build a financial safety net, ensuring they maintain their standard of living after their working years. We provide personalized retirement savings strategies that align with employees’ financial goals, allowing them to accumulate wealth steadily throughout their career. With Wealth Refinery’s retirement annuity solutions, employees can retire with confidence, knowing they have a secure financial future.
THE COVER
- Regular, tax-efficient contributions towards retirement savings
- Investment options tailored to employee risk profiles and goals
- A structured payout plan upon retirement
- Protection against inflation and market volatility
- Financial advice and retirement planning services
Medical Aid
Healthcare costs are rising exponentially, making it increasingly difficult for employees to afford necessary medical treatments and healthcare services for themselves…
THE NEED
Healthcare costs are rising exponentially, making it increasingly difficult for employees to afford necessary medical treatments and healthcare services for themselves and their families. In today’s unpredictable world, unexpected medical emergencies can cause significant financial strain, leaving employees in debt or forcing them to delay essential care. Access to quality healthcare is a fundamental need, and employers have the opportunity to alleviate this burden by providing comprehensive medical aid benefits.
THE SOLUTION
Wealth Refinery offers a medical aid solution that ensures employees and their dependents have access to the best healthcare services when they need them most. Our plans are designed to be flexible, with various coverage options that cater to different needs and budgets. We partner with top medical schemes to provide holistic healthcare solutions, including coverage for hospital visits, specialist consultations, and chronic condition management. Our medical aid benefit is structured to support employees’ physical well-being, enhancing productivity and overall workplace satisfaction.
THE COVER
- In-hospital treatment and surgeries
- Specialist consultations and procedures
- Chronic illness treatment and medication
- Emergency care and ambulance services
- Day-to-day medical expenses, including GP visits and prescription medication
Group Life Insurance
The sudden loss of a loved one can be emotionally and financially devastating for a family. Employees want the assurance that their families will be…
THE NEED
The sudden loss of a loved one can be emotionally and financially devastating for a family. Employees want the assurance that their families will be taken care of in the event of an untimely death. Without proper life insurance coverage, families may be left to struggle financially, potentially losing their home or lifestyle due to the loss of income.
THE SOLUTION
Wealth Refinery’s group life insurance provides employees with peace of mind, knowing that their families will be financially secure if the unthinkable happens. Our policies provide a lump-sum payment to beneficiaries, helping them cover immediate expenses such as funeral costs, mortgage payments, or ongoing household expenses. By offering group life insurance, employers show their commitment to the long-term security of their employees and their loved ones.
THE COVER
- Lump-sum payment to beneficiaries in the event of death
- Flexible benefit amounts based on employee needs
- Coverage for terminal illness and accelerated payouts
- Option for additional cover for dependents
- Funeral expenses and death benefit assistance
Disability Insurance
An unexpected illness or accident that results in disability can drastically impact an employee’s ability to earn an income. Without disability insurance, employees face…
THE NEED
An unexpected illness or accident that results in disability can drastically impact an employee’s ability to earn an income. Without disability insurance, employees face the risk of financial ruin, as their day-to-day expenses continue while their earning capacity is diminished or lost entirely. Employees need financial protection in place to ensure that they can maintain their lifestyle even if they are unable to work.
THE SOLUTION
Wealth Refinery’s disability insurance offers employees income replacement if they are unable to work due to a disability, whether temporary or permanent. Our plans provide a percentage of the employee’s salary, ensuring that their financial needs are covered during recovery or in the long term. This benefit helps employees focus on their health without the additional stress of financial hardship, offering both security and peace of mind.
THE COVER
- ncome replacement for short-term or long-term disabilities
- Coverage for both physical and mental disabilities
- Financial support for rehabilitation and medical care
- Flexible plans based on income level and coverage needs
- Employer and employee contributions to reduce premium costs
Funeral Cover
Funerals can be costly, and families often find themselves struggling to cover these unexpected expenses during a time of grief. Without proper financial protection…
THE NEED
Funerals can be costly, and families often find themselves struggling to cover these unexpected expenses during a time of grief. Without proper financial protection, employees may be left with no choice but to incur debt to afford burial and memorial services for themselves or loved ones. Funeral cover ensures that these costs are taken care of, alleviating stress for the bereaved.
THE SOLUTION
Wealth Refinery’s funeral cover provides employees and their families with a lump-sum payout in the event of death, covering funeral and burial expenses. Our policies are designed to ensure that employees can afford dignified funeral arrangements for themselves or their dependents without financial strain. This benefit gives employees peace of mind, knowing their family won’t face additional burdens during an emotionally difficult time.
THE COVER
- Lump-sum payment to cover funeral expenses
- Immediate payout upon proof of death
- Coverage for the employee, spouse, children, and extended family members
- Burial, cremation, and memorial service costs
- Option for higher coverage limits based on individual needs
Ready to Take Control of Your Financial Future?
Connect with a Wealth Refinery Advisor today and start your journey to financial success.
Refining Your Wealth, Securing Your Future
Get In Touch
- 010 6345 478
- info@wealthrefinery.co.za
- 2nd Floor Grosvenor Gate, Hyde Park Lane, Hyde Park.
- www.wealthrefinery.co.za
Copyright © 2024 Wealth Refinery (Pty) Ltd. All rights reserved. Wealth Refinery (Pty) Ltd is an authorised Financial Services Provider (FSP 54386) in terms of The Financial Advisory and Intermediary Services Act (37 of 2002).
Wealth Refinery (Pty) Ltd is a proud member of the Capital Centric Limited Group of companies.