A LICENSED INSURER CONDUCTING LIFE INSURANCE BUSINESS
A LICENSED INSURER CONDUCTING LIFE INSURANCE BUSINESS
The product will be sold on an individual policy basis. The following funeral cover options will be made available:
| Assured Lives | Option 1 | Option 2 | Option 3 | Option 4 |
| Principal Life Assured Age 18 to 75 at entry | R15,000 | R20,000 | R30,000 | R35,000 |
| Spouse | R15,000 | R20,000 | R30,000 | R35,000 |
| Child/Extended Child 14 to 25* | R15,000 | R20,000 | R30,000 | R35,000 |
| Child/Extended Child 6 to 13 | R9,000 | R11,500 | R17,250 | R20,000 |
| Child/Extended Child 0 to 5 | R6,000 | R7,500 | R10,000 | R11,750 |
| Still birth* | R4,500 | R5,500 | R8,250 | R9,500 |
| Parents/Parents-in-law Age 18 to 85 at entry | R15,000 | R20,000 | R30,000 | R35,000 |
| Extended Family Age 22 to 75 at entry | R15,000 | R20,000 | R30,000 | R35,000 |
* Still born claims will be covered from the 26th week of pregnancy.
** Maximum Age at Entry for Children is 21 for non-students and 25 for full time students at a recognized tertiary educational institution. Children who do not meet eligibility requirements may be covered as Extended Family Members, subject to restrictions on cover for minors as specified in the Long Term Insurance Act.
| Assured Lives | Age at entry | Cover Option | |||
| Option 1 | Option 2 | Option 3 | Option 4 | ||
| Principal Life Assured only | 18 to 65 | R48.00 | R63.00 | R87.00 | R101.50 |
| 66 to 75 | R112.00 | R147.00 | R206.00 | R240.33 | |
| Immediate Family | 18 to 65 | R99.00 | R126.00 | R175.00 | R204.17 |
| 66 to 75 | R202.00 | R263.00 | R362.00 | R422.33 | |
| Per Parent/Parent-in-Law | 18 to 75 | R77.00 | R100.00 | R142.00 | R165.67 |
| 76 to 85 | R125.00 | R163.00 | R224.00 | R261.33 | |
| Per Extended Child | 0 to 24 | R12.00 | R15.00 | R21.00 | R24.50 |
| Per Extended Family Member | 25 to 65 | R69.00 | R89.00 | R127.00 | R148.17 |
| 66 to 75 | R117.00 | R147.00 | R205.00 | R239.17 | |
* Maximum Age at Entry for Immediate and Extended Children is 21 for non-students and 25 for full time students at a recognized tertiary educational institution. Children, aged 22 – 25, will only be covered under the Extended Child premium if they are full time students at a recognized tertiary educational institution. Children who do not meet the eligibility requirements may be covered as Extended Family Members from age 22, subject to restrictions on cover for minors as specified in the Long Term Insurance Act.
| Benefit | Waiting Period (Non-accidental Causes) (Excluding suicide) |
| Immediate Family | 3 months |
| Parents/Parents-in-law | 6 months |
| Wider/Extended Family | 6 months |
| Extended Children | 6 months |
| Assured Lives | Minimum Age at Entry | Maximum Age at Entry |
| Principal Life Assured | 18 | 75 |
| Spouse | 18 | 75 |
| Children | 0 | 21 * |
| Children Studying | 22 | 25 * |
| Parents | 0 | 85 |
| Extended Family | 0 | 75 |
The Principal Life Assured only benefit provides cover for the Principal Life only. The Immediate Family benefit options include cover for the Principal Life Assured, Spouse, and Children. If the Immediate family benefit option is selected, then all members of the immediate family must be covered under the same option.
* Children, aged 22 – 25, will only be covered if they are full-time students at a recognized tertiary educational institution. Children who do not meet the eligibility requirements may be covered as Extended Family Members, subject to restrictions on cover for minors as specified in the Long Term Insurance Act.
| Relationship | Maximum Number of Lives Covered |
| Principal Life Assured | 1 |
| Spouse | 2 |
| Children | 5 * |
* The number of Children that the Life Assured is allowed to cover is not limited, however, the total number of claims payable is restricted to 5 (five). Subject to restrictions on cover for minors as specified in the Long Term Insurance Act.
Parents, Parents-in-law, Extended Family and Extended Children may be added individually thereafter.
| Relationship | Maximum Number of Lives Covered |
| Parents/Parents-in-law | 4 |
| Extended Family | 12 * |
* Includes Extended Children. Where a Child on the Policy reaches the age of 26 and has been a full time student at a recognized tertiary educational institution, the premium for this Child will increase to the premium applicable to an Extended Family Member age 26 – 65, subject to restrictions on cover for minors as specified in the Long Term Insurance Act.
Certain Terms and Conditions apply to this product, which will be explained to you by the Call Centre Agent.