Our Life Protector product is picture perfect to make sure your family’s livelihood is protected in case of death, critical illness, permanent disability, temporary disability or retrenchment. This product also includes a premium waiver benefit where we’ll cover one month's worth of your current facility premium for every month where we make a payment for a retrenchment or a temporary disability claim. If we make a payment for a death, critical illness or permanent disability claim, we will cover 12 months’ worth of your current facility's premium!
Your spouse and children will also be covered under our family funeral benefit, which pays out within 48 hours of receiving all requested documentation!
Different to typical life insurance, you won’t need to undergo any medical tests (however, any conditions that you were aware of before cover started, will be excluded from your cover).
Your cover can be specifically linked to any outstanding debt that you may have.
Our Life Protector Plan is structured around the specific cover that you selected.
We’ll pay out the Sum OUTsured on the first occurrence of:
If you’re temporarily disabled and unable to perform your own occupation, we’ll pay you 3% of the Sum OUTsured on a monthly basis.
Also, if you’re retrenched or made redundant, we’ll make monthly payments of 3% of the Sum OUTsured during this time period.
We’ll pay out the Sum OUTsured if you pass away.
For more information, please download the LifeProtector@OUT facility document.