South Africa
Sign in

Need help?

Loan protection plan

PER Insurance Loan Protection Plan Product Detail

Have a personal loan, overdraft, revolving credit plan or student loan? Insure your outstanding balance with a solid protection plan.

 

 

 

Some of the benefits

Full settlement

Settle your outstanding balance in the event of death, dread disease or permanent disability

Financial support

Leave your monthly instalments to us for up to 12 months if you’re retrenched

Reducing premiums

Pay less every month as your outstanding balance reduces
What’s covered
  • Up to 12 months’ instalments if you’re retrenched
  • Your outstanding balance is settled in full in the event of death, dread disease or permanent disability

See our underwriters

Exclusions
  • There’s a 6-month waiting period for retrenchment cover
  • Cover for retrenchment, dread disease 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
  • R 4 monthly policy fee
  • 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
  • What’s covered
  • Exclusions
  • What it costs
  • Up to 12 months’ instalments if you’re retrenched
  • Your outstanding balance is settled in full in the event of death, dread disease or permanent disability

See our underwriters

  • There’s a 6-month waiting period for retrenchment cover
  • Cover for retrenchment, dread disease 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
  • R 4 monthly policy fee
  • 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
Learn more
funeral insurance
Do You Need 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
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?
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?
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
PER Insurance Credit Card Protection Plan
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.

PER Insurance Home Loan Protection Plan Product Detail
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.