If your wife still has a local bank account, the proceeds can be transferred to the SA account then sent offshore.

A direct nomination will go directly to you and generally it is best this way from a cost and efficiency point of view.

Will professional indemnity insurance cover a client’s funds, and against what?

If you have emergency funding that will be sufficient to cover your monthly expenses for at least six months, you may consider cancelling the cover.

Around R188m in payment obligations due in March, largely to preference shareholders.

Is a retirement annuity, unit trust, or tax-free savings account the way to go?

Is my 'chosen lump sum' the R1 million cover listed in my policy? Will my wife get this if I die in 41 years’ time?