Risk solutions
Income Protection
Income protection, also known as disability income insurance, is a type of insurance that provides a financial safety net for individuals in case they become unable to work due to illness, injury, or disability. This insurance is designed to replace a portion of your income if you are unable to earn a living and continue to support yourself and your dependants.
We go through each day without certainty of what lies ahead of us. That is why we believe it is important to always be prepared for any possible outcome.
How it works?
We help you find a suitable plan, and this involves selecting the coverage amount, waiting period and benefit duration. Plans start from as little as R100 per month. The premium amount is based on various factors, including your age, health, occupation, and the coverage you choose.
What is covered: If you experience a covered incident that prevents you from working and earning an income, such as an illness, injury, or disability, you can initiate a claim. The specific incidents that are covered and the conditions for eligibility will be outlined in your policy.
Waiting period: Most protection plans have a waiting period, which is the initial period that must pass after the onset of the covered incident before you become eligible to receive benefits. The waiting period can range from a few days to several months, depending on the terms of your policy.
Claim submission: Once the waiting period has passed and you remain unable to work, you can submit a claim. This typically involves providing medical documentation, proof of your disability, and any other required information.
Life Insurance
Life Insurance is a good way of financially protecting your loved ones when you are no longer able to do so. Our life insurance solution allows you to structure your benefits according to your needs, and we also add protection for disability, critical illness, and income protection.
How it works?
We assess your needs and calculate your monthly life policy premium.
Funeral Insurance
It is hard to think about death, but it is unfortunately inevitable. So why not start today to prepare for your loved one to be taken care of when that time comes? Through our funeral plan, we can help reduce the funeral burden on your loved ones because things like catering, and caskets can quickly increase the cost of the funeral.
How it works?
You pay a monthly premium based on your chosen cover.
Can I withdraw from the investment?
In the event of the death of an insured person, a specified amount is paid out to the listed beneficiary.
