Working hard for a comfortable life for you and your loved ones isn’t easy. This is why we want to build a partnership with you to ensure that those you love are taken care of when you’re not there.
The Old Mutual Life Insurance works with you to select the right cover of up to R3 million. In the event of your death, permanent disability or terminal illness, the money is paid out to nominated beneficiaries.
What’s in it for you
- Our application process is online or you can apply over the phone
- No extensive medicals are required
- The lump-sum pay out is tax-free
- Cover of up to R3 million
- No premium increases for the first 23 months of the policy
- Free HIV testing nationwide
Why cover with Old Mutual Life InsuranceWith your cover you can explore additional benefits which include:
For you and yours
A lump sum payment when you’re diagnosed with a terminal illness with a life expectancy of less than 12 months.
We’ve got you
This provides financial relief to your loved ones in the event of your death.
You can increase your cover with 25% when life changing events take place.
Why do I need Life Insurance?
Should anything happen to you and your salary stops being paid, think about the impact that will have on your family. How will they cope with monthly expenses such as bond and car repayments, groceries, school fees and medical aid? Your life insurance policy will pay out a sum of money to your nominated beneficiary/ies should you die. They can then use the money to settle debt and maintain their standard of living.
How many beneficiaries can I add?
The good news is you can nominate as many beneficiaries as you want. The people that are most dependent on your income right now can benefit from it.