- Peace of mind in case of an early death, disability or sever illness
- Wealth transfer
- Diversification
- Time risk
- Currency risk
- Behavioural risk
- Saving
- Return of premium
- Product features providing a form of cash back
- Diversification
- Estate and tax planning
- Probate
- Executors fees
- Situs tax
- South African Estate Duty
- Foreign debt and taxes
- Buy and Sells
- Protection against creditors
