Indie Is Boosting Your Wealth Bonus on Black Friday

Join Indie, our Life Insurance partner, on Black Friday and Cyber Monday, and your Wealth Bonus will be boosted by up to R5000.
Sherryn de Vos
2018-11-22

Join Indie, our Life Insurance partner, on Black Friday and Cyber Monday, and your Wealth Bonus will be boosted by up to R5000.

Black Friday is upon us, and with it comes the onslaught of deals, discounts, sales and “unmissable” prices that will change your life.

What they don’t tell you, however, is that for the majority of the sales, they are simply chopping a few Rands off and slapping on a red/black sale tag and convincing you to buy something, which, let’s face it, you simply cannot afford right now.

Petrol at all-time highs, groceries becoming a household luxury and day-to-day living expenses setting South African’s further and further in debt. It is at this time that these pushy marketing gags spiral many already overindebted people even further into the red.

This is why, when we came across this Black Friday deal, we decided to endorse it! Indie is doing Black Friday like no other! And is actually looking out for your future financial wellbeing!

For Black Friday and Cyber Monday, you will actually be MAKING money with Indie, as they will be investing up to R5000 extra into you! Ok, fine, not directly into you, but more into your investment account for your future! So, how does it work?

Usually, if you take out an Indie policy (Life Cover, Dread Cover, Funeral Cover, etc.), they match up to 100% of what you pay into a growing investment account that you can keep for your future. But for Black Friday and Cyber Monday, if you sign up with Indie, they will be investing up to R5000 extra into that same growing investment account.

So, say you’re 29 years old and you take out a policy with them for R500. They will match 100% (that’s R500) of your premium into your investment account every time you pay, and when you reach 70, that amount will be R3.9 million.

That means then, with the great deal that they are offering on Black Friday and Cyber Monday, you get an additional boost of up to R5000 on top of the monthly amount that they match. So, if you are putting away money for your future, by the time you hit 70, that extra R5k upfront would mean your cash out would be R4,039 million.

So, even if you are going to splurge a bit on Black Friday, at least, with Indie, you can do so knowing that you will be getting R5000 back in your pocket and that it will be invested into your future!