Extended Family Members: Coverage applies only to the named policyholder, spouse and children.
No Medical Examination: No medical examination or questionnaire is required.
Policy Duration:
Lifetime Cover: The policy will remain active as long as premiums are paid and will not terminate at a certain age.
Policyholder Entry Age Determines Rate: The policyholder's entry age determines the premium rate.
Children Included in Package:
6 Children Included: Up to 6 children are included in the package.
Age-Based Cover: - 14-22 years: Same cover as the policyholder. - 6-13 years: 50% of the policyholder's cover. - Stillborn: 25% of the policyholder's cover for up to 5 years.
Student Cover: Cover for students up to 26 years is available, but proof of enrollment from a reputable institution must be provided annually.
Waiting Periods:
Natural Death: 6 calendar months waiting period from the receipt of the first premium.
Accidental Death: No waiting period if the first premium is paid.
Suicide: Excluded for 12 months from the receipt of the first premium.
Repatriation:
Repatriation of Mortal Remains: Included within South Africa and neighboring SADC countries.
Citizens of Neighboring Countries:
Coverage for Foreign Nationals: Available for citizens of neighboring SADC countries working in South Africa, provided they are legally residing and have a valid passport or work permit.
Nominated Family Members: Nominated family members legally residing in South Africa with the main member can also be covered.
Take-Over Policies:
Waived Waiting Period: The waiting period on death due to natural causes for take-over policies will be waived if proof of previous underwriting with a reputable underwriter, premium payments for the previous 6 months, policy certificate, and cancellation letter are provided.
Claims Payment:
48-Hour Payment: Claims are paid out within 48 hours after receiving all required documents.
