Sanlam Life Insurance

Provides financial support for your family when you are no longer there.

ABOUT LIFE INSURANCE

Financial protection for your loved ones

Securing your family’s financial future is one of the most significant ways you can take care of them. Sanlam Life Cover 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 their range of life cover products is designed to meet your individual circumstances and needs. Sanlam is also committed to paying on the promise and follow a consistent, fair and objective assessment approach.

BENEFITS

Why Sanlam Life Insurance

Cover that can be personalised to meet your needs
From as little as N$250 pm
Tax-free payout
Built-in Wealth Bonus®
Option of a quick payout to cover immediate expenses
Cashback rewards with Sanlam
Quick and easy application process

ADDED VALUE

Sanlam rewards your commitment

Sanlam has created two valuable benefits that reward you for keeping your cover in place.

As a Sanlam client, you have the option of adding the Cashback benefit to any qualifying new or existing risk plan. It rewards you for keeping your cover intact, and pays out after 15 years of continued contributions to your policy. A set additional payment of 35% is charged for the Cashback benefit on a specific cover layer. This payment falls away after 15 years – even if the Cashback amount is left to further accumulate – ensuring great value for money. Put the payout towards your children’s education, home renovations, unexpected expenses or even your retirement. Alternatively, you can choose to leave your lump sum to grow until you need it.

You can also look forward to benefiting from Wealth Bonus® – a portion of your contribution that’s invested at 5% per year until you turn 70, ensuring that your money keeps making money. With every 60 premiums you pay, a portion of your Wealth Bonus® is made available to you to withdraw or leave invested.

Cover options

What about additional cover?

Income Protection

Sanlam Income Protection protects you and your family against unexpected events like illness or disability with a monthly payout that helps to support your current lifestyle.

Funeral Cover

Is your family in a position to cover the costs of a funeral? Sanlam offers funeral cover for you and your immediate family, as well as you extended family, with most claims paid out within hours.

Disability Cover

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.

Dread Disease Cover

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.