Life Assurance covers you and your family for a range of unforeseen events that may happen during your lifetime.
Life cover pays out an insured amount to your beneficiaries in the event of your death. Life cover may be needed for a range of requirements, for example:
- Settlement of your bond
- Providing for the financial needs of your family
- Educational costs
- Funeral costs
- Estate duty
Capital Disability cover pays out a lump sum amount in the event of you becoming disabled to perform your job and provides cover for your future financial needs.
Income Protection pays you a monthly amount when you are temporary ill and/or permanent disabled and cannot perform your occupation.
Retrenchment cover will pay out a monthly amount for up to one year if you are retrenched from your job.
Impairment benefit covers you for a physical impairment suffered and pays out according to the severity of the impairment.
Severe Illness covers you in the event of a dreaded disease such as a heart attack, stroke or cancer to name a few. You will receive an amount according to the severity of the illness.
Cover for these events are available on their own or in a combination.