Life insurance policy is the financial protection your family needs against the death of a breadwinner like yourself. Your family can use your life insurance pay-out to cover daily living expenses, funeral, medical bills and school fees. With life cover policy you also know that the family debt will be taken care of and assets like your house and cars will stay safely in the hands of your loved ones.
Your family could get up to R10 million in the event of your death, premiums starting from R120 pm. Fixed premiums means no increase in your premiums for the first 24 months and thereafter they will only increase by 5% per year.
You are covered immediately for accidental and natural death, No Waiting periods. Suicide is covered after 24 months.
A R50 000 accelerated Pay Now Funeral benefit that is paid out within 24 hours of a successful claim and can be used by your family to cover funeral and related expenses.