In this interview with Moneyweb, FISA Vice-Chairperson Penelope du Plessis explains how life policies can be used in estate planning.
Life policies can offer financial protection in the form of death benefits and estate liquidity for your family when you are gone. However there are also drawbacks, for example there are only a few instances where the proceeds from death benefits will be exempt from estate duty.
Penny takes us through the pros and cons in the interview which you can read here.