OUTsurance life cover

Our life insurance advisors can offer you the best cover for your unique life insurance needs and at a price that will fit your pocket perfectly. 

Why wait? Get a quote now and start saving!

Everyone needs life cover

Even if you don’t have anyone that you need to provide for financially, how are you going to make ends meet if you become critically ill and unable to earn a monthly income?  Also, if you have any outstanding debt and pass away unexpectedly, your dependants will have to carry an additional financial burden.  

If you’re a parent, having life cover in place is non-negotiable. If you become critically ill or pass away unexpectedly, your life cover will ensure that your family is taken care of financially. Even if you’re single, you may need to get life cover if you apply for finance for a car, if you want to apply for a home loan as the bank will most probably require some sort of financial security on these assets.

So, really the question is not whether you need life cover, but rather 'how much life cover you and your loved ones would need to maintain your standard of living'.

 

Life cover benefits

You’ll just love the fact that you won’t need to pay for any medical tests before you take out life cover with us. Also, just because we can – we’ll send a nurse to your home to perform the blood tests – how’s that for awesome service? 

We also offer benefits such as a five-year premium guarantee, free medical tests (if required), and flexible payment structures. You will also enjoy the benefit of a premium that is calculated on your risk factors which means that if you're a low-risk client, you could pay much less than someone who is a higher risk.

A few minutes of your time translates into financial security, great life cover and most importantly - peace of mind knowing that your family and loved ones are taken care of. 

Get life cover now

Frequently asked questions about Life cover

Can I get life cover without medicals?

At OUTsurance, qualifying clients can get life insurance of up to R5 million without having to go for insurance medicals or blood tests. There is also no waiting period. 

Do I need to verify my income and expenses when I take out life insurance?

We will help you to set up life insurance for your required amount, without asking you to provide proof of income or asking you to list your expenses.  Please note that we do not conduct a full financial needs analysis and that it remains your responsibility to ensure that you are adequately covered. Please contact your financial advisor if you need any assistance in terms of affordability or to find a tailor-made solution for your specific circumstances. 

Does OUTsurance provide accidental death cover?

Yes. OUTsurance Life offers accidental death cover as well as comprehensive cover:

Death - Accidental cover

We will pay the sum insured if you should die as a direct result of an accident. The accident and your death must occur during the period of cover. The accident must be the result of bodily injury caused by external and accidental means.

Death - Comprehensive cover

We will pay the sum insured if you die during the cover period. For accidental related claims, the accident and your death must occur during the period of cover. Your schedule will indicate if you have the terminal illness benefit. If we confirm that you are terminally ill and have a life expectancy of less than 12 months, we will pay 50% of your Sum OUTsured, to a maximum of R1 million, at that stage. Your Sum OUTsured will be reduced by the amount paid.
There is no terminal illness benefit during the last 12 months of cover.

Is 1life insurance part of OUTsurance Life?

No. OUTsurance does not form part of 1life insurance. 

Frequently asked questions about Life cover

Can I get life cover without medicals?

At OUTsurance, qualifying clients can get life insurance of up to R5 million without having to go for insurance medicals or blood tests. There is also no waiting period. 

Do I need to verify my income and expenses when I take out life insurance?

We will help you to set up life insurance for your required amount, without asking you to provide proof of income or asking you to list your expenses.  Please note that we do not conduct a full financial needs analysis and that it remains your responsibility to ensure that you are adequately covered. Please contact your financial advisor if you need any assistance in terms of affordability or to find a tailor-made solution for your specific circumstances. 

Does OUTsurance provide accidental death cover?

Yes. OUTsurance Life offers accidental death cover as well as comprehensive cover:

Death - Accidental cover

We will pay the sum insured if you should die as a direct result of an accident. The accident and your death must occur during the period of cover. The accident must be the result of bodily injury caused by external and accidental means.

Death - Comprehensive cover

We will pay the sum insured if you die during the cover period. For accidental related claims, the accident and your death must occur during the period of cover. Your schedule will indicate if you have the terminal illness benefit. If we confirm that you are terminally ill and have a life expectancy of less than 12 months, we will pay 50% of your Sum OUTsured, to a maximum of R1 million, at that stage. Your Sum OUTsured will be reduced by the amount paid.
There is no terminal illness benefit during the last 12 months of cover.

Is 1life insurance part of OUTsurance Life?

No. OUTsurance does not form part of 1life insurance.