Life Cover benefit

Our Life Cover benefit pays out the full sum assured as a lump sum in the event of death.

It automatically includes an:

  • Interim Accident benefit: In the event of accidental death within 30 days of us receiving the application to the date that the policy is accepted or declined.
  • Family Funeral benefit: In the event of the death of the insured, their spouse or their children. Cover is limited to R20 000 for spouses and R10 000 per child, with up to 4 children being covered. Payments for spouses and children don’t affect the insured's benefit amount.
  • Terminal Illness benefit: In the event that the insured contracts a terminal illness (with 12 months or less to live), 100% of the death benefit can be claimed in advance.

Our Life Cover benefit:

  • Is a standalone benefit
  • Has a minimum entry age of 18
  • Has a maximum entry age of 70
  • Is available on a level or age-rated premium pattern, or a 5% compulsory escalation
  • Is available for life
  • Offers 2 guarantee periods: fixed (15 years) and experience rated (annually reviewable)