Self Insurance

Self Insurance

LUMENROCK Self InsuranceSelf-Insurance, also known as self-funded health care, self-funded insurance, or simply self-funding, can provide extra benefits and value to both yourself and your employees. Simply put, Self-Insurance is where the employees (sometimes with an added contribution by the Employer) pay funds into a collective pool. These funds are then used to invest and further grow the assets of the Self-Insurance entity. Any claims made by employees or their dependents for any of the benefits provided by the entity will be paid from this pool of funds and investments.

There are different ways to setup and manage self-insurance, and there are some legal stipulations, such as the fact that the funds paid for Self-Insurance benefits need to be kept entirely separate from the Employers Funds.

If you are interested in finding out more information about Self-Insurance benefits and pitfalls, contact our LUMENROCK team for information and advice about this service tailored to your business and needs.




Bertu Nel
Louis Oosthuizen Junior Golf Academy
On behalf of the Louis Oosthuizen Junior Golf Academy, we wish to thank LUMENROCK for the outstanding advice and services rendered to the Academy. We value the honesty, professionalism and very high ethical standards of the company, directors and staff. It is a pleasure and honour to be associated and do business with LUMENROCK.
Gerrit and Agnes Kirsten
Gerrit and Agnes Kirsten
We would like to thank Jaco van Niekerk for his financial advice and assistance in setting up our retirement options, and are looking forward to a longstanding business relationship with him and LUMENROCK Financial Consultants. We appreciate his honesty and sincerity and the professional way in which everything was done. - See more at:
Franco van der Westhuizen
Thanks a million - you guys are legends!



South African Rand

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Cobus Coetzee
Malan vd Merwe


Tel : +27(0) 86 187 3255
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