JuLI Advance
Higher starting income in exchange for capped increases
Did you know?
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3 in 5 people fear running out of money more than death
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84% of retirees say retirement income must keep pace with inflation
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Very few will tolerate a financial loss of any kind
There is a 50% chance that a person will live longer than their life expectancy, meaning many of these fears could become reality.
Just SA focuses on product innovation in the South African annuity market to help you achieve a better later life. Our solutions can be tailored to your retirement needs, so you can rest assured that your income is risk-resistant and guaranteed for life.
While we offer all standard annuity options, did you know Just SA goes one step further to make sure you retire right?
In addition to being the only insurer to underwrite at retirement – to ensure you get the right starting income based on your personal health and lifestyle factors, we are also the only insurer who offers the Advance feature on our with-profit life annuity, Just Lifetime Income (JuLI).
We introduced JuLI Advance for Just Lifetime Income to match a pensioner’s risk appetite better.
ad·vance
(ədˈvɑːns)
adjective
- done, sent, or supplied beforehand.
noun
- a forward movement.
- a development or improvement.
JuLI Advance offers higher guaranteed starting income in exchange for capping the future investment returns used in determining annual increases.
It provides:
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Higher starting income – typically 5% to 15% higher
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Increases linked to investment returns that are capped at 15% over the 6-year smoothing period
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Good protection against expected inflation, depending on chosen level
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Same downside risk protection, income can never go down
JuLI Advance is available as a standalone life annuity or as lifetime income portfolio in a blended living annuity.
Need more information?
Please contact us if you'd like to discuss this in more detail with one of our consultants or if you'd like to request a quote.
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