Risk cover protects you, your family and your dependents'
financial security in the event of your death, disability or critical illness.
Get a quote
Click here to give us your telephone number and we will call you back.
We can also put you in touch with a financial adviser or you can find an adviser
here.
What are the options?
- Life cover: Life cover provides your family or nominated beneficiaries with a lump sum of money
in the event of your death. They can use this lump sum in whatever way they
choose. If the policy is ceded as security to your mortgage provider, it is
used to pay off some or all of your outstanding mortgage amount
. You
decide how long you want this cover for (a set period, or until your death) and
how much you would like the lump sum payment to be
.
- Disability cover: Disability cover pays
you a lump sum amount if you become permanently disabled and are unable to work. You can
use the lump sum payment
to help you cover your living expenses and to pay off outstanding debts. You decide how much you would like the lump sum to be and how long you want to be covered. However, cover ceases at retirement (in most cases at age 65).
- Income disability cover: Income disability cover pays
you a monthly income when you are unable to work as a result of illness or
injury. Your injury or illness need not be permanent. Various
waiting periods are available. You start receiving income after the waiting
period and will continue to receive payments for as long as you are unable to
work. However, cover ceases at retirement (in most cases at age 65).
- Critical illness cover: Critical illness cover pays
you a lump sum amount if you are diagnosed with any of the specified severe
illnesses (such as cancer, a stroke, a heart attack, etc.). The specified
illnesses vary between insurers
. The
lump sum amount can be used to settle outstanding debts or to pay for the cost
of medical treatment and procedures not covered by your medical aid
.
