Long Term Care benefit

Our Long Term Care benefit pays a monthly benefit to either the policyholder or a service provider that’s providing long-term care services to the insured.

Payment of a long term care claim happens after the insured’s 65th birthday provided the insured is in full-time care through a contract with a registered frail care facility, hospice or nursing home, or with a registered medical professional.

Full-time care includes direct supervision and assistance for at least 25 hours a week. Partial benefit payments are also allowed, where care is between 5 and 25 hours per week.

Our Long Term Care benefit:

• Has a 1-month waiting period
• Only has 1 exclusion
• Has a built in premium waiver
• Offers a death benefit before and after age 65
• Is available as a standalone or ancillary benefit
• Offers maximum cover of the lower of 100% of previous earnings or R30 000 per month