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Am I still insured after age 70?

When you take out a life insurance policy with Sanlam Indie, you'll be covered from the moment your cover is active.

In other words, more traditional life insurance benefits like Life Cover will pay out to your loved ones whether you die at 32, 75, 94, or become a medical marvel at the age of 157. Our Critical Illness Cover will also pay out at any age as long as it's a legitimate claim.

Of course, that doesn’t apply to benefits like Death Income Protection, Disability Cover and Income Protection, which are linked to your ability to work. For these types of policies, your cover will stop when you reach 70, because you’ll probably have retired and will no longer have an income that needs protecting.

Your Sanlam Indie Wealth Bonus is something else altogether. It’s a separate, additional payout that will be made to you when you reach 70 if you've kept your policy active. Think of it as a performance bonus for living well. While your life insurance is for those left behind, your Sanlam Indie Wealth Bonus is for you to do with as you please – whether that's reinvesting it or just buying that yacht you always wanted.

Once you pass that age 70 milestone, you’ll still pay your premiums to keep your life insurance cover. But your Sanlam Indie Wealth Bonus will be unlocked in full and paid out to you.

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Copyright © Sanlam Indie 2022. All Rights Reserved. Sanlam Indie's product offering is underwritten by Sanlam Life Insurance Limited, a licensed life insurer & financial services provider. Sanlam Indie is a division of Sanlam Life Insurance Limited - Reg No. 1998/021121/06. Sanlam Life Insurance Limited is an authorised FSP (No. 2759). Address: 1st Floor Glacier Place, 1 Sportica Crescent, Tygervalley, Cape Town, 7530

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