South Africa
Need help?
Loan Protection Plan
Have a personal loan, overdraft, revolving credit plan or student loan? Insure your outstanding balance with a loan protection plan.
Some of the benefits
Minimum benefit
Get minimum cover of R20 000 when you claim regardless of your outstanding balance in the event of death, permanent disability or dread disease
Full settlement
Settle your outstanding balance in the event of death, dread disease or permanent disability
Financial support
Pay less every month as your outstanding balance reduces
Reducing premiums
Insure you outstanding balance for up to R1 000 000
What’s covered
- Up to 12 months’ instalments if you’re retrenched or temporarily disabled.
- Your outstanding balance is settled in full in the event of death, dread disease or permanent disability
- A minimum cover of R20 000 in the event of death, permanent disability or dread disease.
Underwritten by Liberty Group.
See our terms and conditions
Exclusions
- There’s a 6-month waiting period for retrenchment cover
- Cover for retrenchment, dread disease, temporary disability and permanent disability ends at age 65
- Death cover ends at age 75
- Suicide is excluded for the first 24 months of the policy
- Pre-existing medical conditions from the last 12 months aren’t covered for the first 12 months
What it costs
- Minimum premium of R4 per policy
- Premiums are calculated monthly on your outstanding balance
- Your premium decreases as the balance of what you owe decreases
- 40% discount applies to the rate for the younger person insured in joint life policies
How to claim
- Call us on 0860 123 999
- Or speak to us at your nearest branch
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What’s covered
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Exclusions
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What it costs
-
How to claim
- Up to 12 months’ instalments if you’re retrenched or temporarily disabled.
- Your outstanding balance is settled in full in the event of death, dread disease or permanent disability
- A minimum cover of R20 000 in the event of death, permanent disability or dread disease.
Underwritten by Liberty Group.
See our terms and conditions
- There’s a 6-month waiting period for retrenchment cover
- Cover for retrenchment, dread disease, temporary disability and permanent disability ends at age 65
- Death cover ends at age 75
- Suicide is excluded for the first 24 months of the policy
- Pre-existing medical conditions from the last 12 months aren’t covered for the first 12 months
- Minimum premium of R4 per policy
- Premiums are calculated monthly on your outstanding balance
- Your premium decreases as the balance of what you owe decreases
- 40% discount applies to the rate for the younger person insured in joint life policies
- Call us on 0860 123 999
- Or speak to us at your nearest branch
Learn more
funeral insurance
Do you need funeral insurance?
Funerals can quickly become costly. With the right funeral insurance, you have the peace of mind knowing that in the event of your death, being laid to rest will not leave your loved ones burdened with debt.
insurance
Types of life insurance
Ensure that you are covered for all eventualities with the appropriate life cover. Learn more about the types of life insurance here.
credit cards
What is credit card protection
Credit card protection is important to protect yourself and your loved ones so that in the event of your death, disability or retrenchment, the outstanding balance on your credit card is covered.
vehicle finance
Why you need car loan protection insurance
A car loan protection insurance policy will cover the debt on your vehicle in the event of your death, disability, development of a dread disease or retrenchment.
We also offer
Credit card protection plan
Take the stress out of using your credit card, knowing that what you owe is covered in the event of death, disability, dread disease or retrenchment.
Home loan protection plan
If something happens and you can’t keep paying your bond, you can still protect your home and family with the right cover.