Securing your family’s financial future is one of the most significant ways you can take care of them. Sanlam Life Insurance eases the burden on your family should you die unexpectedly by paying out a once-off tax-free amount that can be used to cover their expenses now and in years to come – expenses like funeral and estate administration costs, outstanding debts and daily needs. Sanlam has been protecting financial futures for over 100 years and our range of life insurance products is designed to meet your individual circumstances and needs. We’re also committed to paying on our promise and follow a consistent, fair and objective assessment approach that saw us paying out R3.969 million in life insurance claims in 2020.
Because we understand that the loss of a loved one creates immediate expenses, we give you the option of separating your life insurance payment into two portions. The first, a quick payout portion, is settled within two days of the claim submission, allowing your family to cover funeral costs and on-the-spot expenses. The second payment is made after the required processes have been completed and can be used to cover estate costs, outstanding debt and future expenses.
Peace of mind starts from as little as R100/m. To find out how much you can expect to pay for our comprehensive Life Cover, take five minutes to answer these six questions.
Quick and easy application process
Should you be diagnosed with a terminal illness and your life expectancy is less than one year, we pay out an immediate once-off lump sum
Because we believe in recognising your commitment to your financial future, we’ve created two valuable benefits that reward you for keeping your cover in place. Cashback pays up to 100% of your contributions back to you after 15 years and can be added to a qualifying new or existing risk policy. Wealth Bonus is a Sanlam Indie initiative that invests a portion of your contribution in a Money Market fund until you turn 70.
Sanlam Income Protection protects you and your family against temporary and permanent illness or disability with a monthly payout that helps to support your current lifestyle.
Is your family in a position to cover the costs of a funeral? Sanlam Funeral Cover offers up to R100 000 cover for you and up to 21 beneficiaries, with most claims paid out within hours.
Sanlam Disability Cover helps you manage the financial implications of a permanent disability with a lump-sum payout that can be used for day-to-day and disability-related expenses.
Would you be financially stable if you were suddenly diagnosed with a serious illness or suffered a heart attack? Sanlam Severe Illness Cover helps you cover everyday expenses as well the costs associated with a dread disease.
The Sanlam Cancer Benefit provides comprehensive cover for cancers, tumours, leukaemia and lymphomas with a cash payout that can be used for out-of-pocket medical costs and the many hidden expenses associated with this disease.
Are you planning to take out a home loan or similar large loan? Sanlam Credit Life Cover ensures that your loan is paid if you are unable to do so as a result of retrenchment or disability, or because you pass away.
If you need help deciding what your next steps should be, speak to a Sanlam adviser who can help you make the best choices for you and your loved ones.
We are here to assist with any financial advice, claims or policy related queries or concerns.
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