Financial Planning
The importance of cover for women
As a South African woman, you carry vital responsibilities – whether you’re the breadwinner, caregiver, or both. But many women in our country are significantly undercovered.
Leaving yourself underinsured can have far-reaching effects – on you and those who rely on you.
You deserve cover that reflects your real needs: protecting your income, health, and future.
Women and insurance
Did you know?
Fact 1
On average, SA women have less than half of the death and disability cover (40-45%*) they need. *2022, ASISA Life and Disability Insurance Gap Study for South African earners
Fact 2
On average, only 16%* of SA women have income protection. *2022, Sanlam Research insights
Fact 3
On average, 55%* of SA women don’t have life insurance. *2025, Sanlam Research insights
Learn more
Why Sanlam Insurance cover for women
FEATURE
Income protection benefits:
Cover that pays an income when illness or injury impacts your ability to work: • Sick leave cover up to 24 months — including cover for pregnancy complications, C-sections and hysterectomies. • Spouse and Child Protector benefits to cover your immediate family.
FEATURE
Disability benefits:
Receive a payout should an injury or serious illness impact your ability to work permanently: • Occupational disability cover for your particular occupation, including during periods of paid annual and maternity leave*. • Extended occupational disability cover for up to 12 months while on unpaid maternity leave*, a sabbatical or after being retrenched.
FEATURE
Severe illness benefits:
Comprehensive cover for all body systems - more than 300 illnesses, injuries, infections and impalements, including cover for: • Female cancers and early cancers of the breasts, ovaries and cervix. • Therapeutic and preventative mastectomies.
Questions every woman should ask herself
FAQS
Frequently asked questions
1
How does the discount work?
For a limited period, female insured persons can receive a premium discount of 10% on qualifying new disability and income protection benefits and 5% on qualifying new severe illness benefits. Child benefits can also qualify for discounts.
2
What is Wealth Bonus®?
Wealth Bonus® – Sanlam’s monetary reward for you, helping you to build meaningful, long-term wealth. Automatically included for all qualifying new business on our Premier and Premier Smart insurance options.
3
What is Extended Wealth Bonus?
After your Wealth Bonus, which was linked to your Premier Insurance benefits, has fully unlocked, the plan will automatically start to accumulate an Extended Wealth Bonus.
At certain future dates, 50% of your Extended Wealth Bonus will become unlocked as well.
4
How does Wealth Bonus Booster work?
Graduate and professional clients who take up both a qualifying Cumulus Echo Retirement Plan and a qualifying insurance plan under the Premier or Premier Smart product option with Sanlam, get exclusive access to even more value and rewards.
5
What is Health Boost?
Fedhealth main members receive a boost on their current Wealth Bonus contributions on Premier and Premier Smart insurance options.
6
How does Cashback work?
Cashback is available on all our insurance options as an optional benefit that rewards you for keeping your cover in place.
7
Cover for your peace of mind
- Clients have entrusted their life cover with us for more than 100 years and have peace of mind that we follow a consistent, fair and objective assessment approach to ensure that we pay all valid claims
- You do not need to inform us if your occupation changes after we have accepted your application as the terms of your cover will remain the same
- If you provide consent to the Sanlam Protector Umbrella Trust, any benefit payments will be used in your best interest if you were to suffer a mentally debilitating illness at the time of claim. Your consent prevents costly legal fees and delayed payments
- For beneficiaries younger than 18, death benefits can be transferred directly to the Sanlam Guardian Trust – to safeguard the funds and administer the benefit until the beneficiary turns 21
GET IN TOUCH
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Ready to secure your future, get a quote, or just want to chat about your cover options? We're here to support you whenever you need us.
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