Why would you buy USD denominated life insurance?

Why would you buy ZAR denominated life insurance other than for potential ZAR denominated liability matching?

The same reasons why an investor would consider investing directly overseas will apply as to why one would consider buying USD denominated life insurance:

• Diversification
AND
• Currency depreciation

The creation of an USD asset after death or in the case of disability or severe illness could be very valuable.

Other benefits may include:

• Estate duty saving
• Payment of foreign debt and/or estate duty
• International buy and sells
• Payment to non-resident beneficiaries

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