You work hard to provide for those you love. Old Mutual Life Insurance protects your legacy by ensuring their financial stability should you pass away or become terminally ill.
ABOUT OUR LIFE INSURANCE
You work hard to create a comfortable life for those you love. With up to R3 million in cover, an Old Mutual Life Insurance policy protects and builds your legacy by securing their financial stability once you are no longer there to do it yourself.
The truth is that life continues for those left behind. Losing a loved one is one of the most traumatic experiences they’ll ever have to endure, and the last things they should be concerned about are the realities of outstanding debts, living expenses and education.
Getting a quote takes less than 60 seconds, after which we’ll help you to build an affordable, reliable and relevant life insurance solution that suits your and their needs perfectly. Your customised Old Mutual Life Insurance policy will be delivered to your inbox in less than 12 minutes from start to finish.
HOW IT WORKS
At Old Mutual we believe in the power of collaboration. We’ll work with you to select the right cover for you and yours, ranging between R500 000 and R3 million. In the event of your death or terminal illness, this money is paid out as a lump sum. It’s tax-free and can be used in whichever way your nominated beneficiaries sees fit.
- Terminal Illness Cover. A lump sum payment when you’re diagnosed with a terminal illness with a life expectancy of less than 12 months.
- Guaranteed Assurability. Life changes – and when it does, your cover needs to be flexible. With this built-in benefit, you can increase your cover with 25% when life changing events such as buying a new house or having a child happens.
BENEFITS
- Affordable premiums, great cover – built with your needs and pocket in mind.
- Choose cover between R500 000 and R3 million.
- Free HIV testing nationwide – choose between a location offering a needle prick or pain-free saliva test.
- No extensive physical medical examinations.
- Load as many beneficiaries as you want.
- Option to use your policy to cover any loans (cession) in the event of your death.
- No premium increases for the first 23 months of the policy, thereafter a 5% annual increase will apply.
