Guaranteed Insurability benefit

Our Guaranteed Insurability benefit allows the insured to increase the life, critical illness, disability and impairment cover on their policy with little or no underwriting necessary. The future increases in cover can be taken as either an increase to the base policy or as a new standalone policy.

Cover can be increased:

• On each policy anniversary: by up to 10% of the available guaranteed insurability amount
• During life changing events: by up to 25% of the available guaranteed insurability amount. These events include when buying a home, marriage, divorce, death of a spouse, birth/adoption of a child, and for financial reasons.

The maximum increase in cover for a specific benefit is restricted to 50% of the original sum assured for that benefit.

Our Guaranteed Insurability benefit:

• Is an ancillary benefit
• Offers maximum cover of 3x the largest initial benefit on the policy or R5 million