Rules Of Policy

Cover is provided on a monthly basis. No reserves are built up and therefore no surrender values are payable when cover ceases.

This is a voluntary group scheme.

A general waiting period of 3 calendar months and, if a potential member is pregnant, 6 months from date of birth of the child.

You must be permanently employed.

Minimum entry age is 18 years old and maximum entry age for main member is 65 years old.

Maximum cover per policy under this scheme: R90 000.00

Membership can only commence on the 1st day of the month.

Self-employed individuals, directors, and contractors are excluded.

Claims

As soon as possible after the claim event and within the time period limits set out in the policy schedule, the principal insured should notify the insurer of the event and complete a claim form. Notification and submission period from the date of the event should be 2 calendar months from the date of the claim.