Sanlam Life Insurance

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.

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

As a Sanlam Matrix 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 in a Money Market fund 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.