Ardmore Excellence Fund building its community.
Over a year of research, enquiry, and six months of negotiation, the Ardmore
Excellence Fund has concluded and signed up 58 of its self employed artists,
onto a life cover plan underwritten by a leading life insurance company in South
Africa .
The entry criterion for the self employed artists to join the scheme has been
two fold. It is an annual earning of a minimum of R10, 000.00 per year and secondly,
a review of their commitment, responsibility and dedication to furthering their
own artistic skills.
The scheme has life and disability cover with savings, investment opportunities
and funeral cover.
Here is how it works!
- If the artist dies from and accident before
the investment benefit date, not able to work or looses the total use of one/both
hands or one foot/both feet; a permanent disability, the artist is eligible to
receive an amount of R75, 000.00 per artist. A one payment to pre-determined
beneficiaries.
- If the artist dies from an illness or natural
causes within a 2 year period of signing up onto the programme, a pro rata payment
of benefits from six months to the two years will be covered. If death takes
place after the two year period the full benefit of R75, 000.00 will be paid
to the beneficiaries of the artist.
- In the event of longevity, based on artist's age to
retirement at 65 years, there will be a payment of benefit and in certain cases
a "top up" advantage
where, because of the age and their commitment to the studio, extra financial
recognition will be given.
- Funeral cover for artist, current spouse
and up to five children will be catered for.
- There are added value opportunities built
into the programme for the artists to enjoy in their mature years.
A truly wonderful opportunity that does not cost the artist anything! No monthly
deductions from the artists' income.
For those artists that have not achieved the criteria, they are being encouraged
to be more creative, so that they can join the programme.
Through contributions and donations to the Ardmore Excellence
Fund these realities are happening. The Fund thanks all Ardmore collectors, corporate
businesses and fund raisers, nationally and internationally that are making this
possible. A very big "thank you" to Ardmore Ceramic Art who has continued its
financial commitment of percentage nett monthly profit to this project.
Anyone wanting to view the Ardmore Excellence Fund
please click here.
For what ever reason you may need to, do not forget the
collector's opportunity to market and sell your own investment piece of Ardmore
. That's why it has been created! Go to "Buy Ardmore", scroll collectables, and
follow the process to enter your piece. So easy! More about this opportunity
in another newsletter.
Keep watching our website for more up-to-date happenings that will be shared
with you.
Write to you again soon!
Alan
McGregor
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