Need help?

Indie Smile Icon
>

How do I make sure my family gets paid out?

It’s up to you, the policyholder, to tell your loved ones 👨👧👧 that they’re beneficiaries on your Sanlam Indie policy. It might be a good idea to print out your policy doc 📃and keep it somewhere safe 🔐 (and obvious – like in a clearly-marked file with other personal documents, rather than a secret box in the roof 👀) where your partner or kids will easily find it after your death. Another option is to include the Sanlam Indie policy number and the names of your beneficiaries in your will ✍🏽, and let your executor know.

If you’ve specified your beneficiaries, we’ll make the payment 💵 to them directly once we’ve finalised the claim on your policy. It’s a good idea to keep the beneficiaries listed on your policy updated, and you can contact us at any time to make those changes.

If you haven’t specified a beneficiary, or we can’t find your beneficiary, or if your beneficiary is no longer around to get the payout at the time of your death 👻, the cash will be paid into your estate. That means that the payout will first be used to settle your debts, and then the executor will administer the remaining funds to your next of kin.

Many people get life insurance to protect their kids 👶🏾, but since we can’t pay out directly to minors or to anyone without a bank account, you may want to chat to a lawyer, or with your bank 🏦, about setting up a trust for your children, and also explaining in your will how your payout should be handled.

If you don’t have a will, one option is to use Sanlam’s online tool to get one.

Get Started
e

Get life insurance.
Get a Wealth Bonus.
Get living.

Only Sanlam Indie gives you an investment that creates wealth while you insure yourself.

Get started
e

Instant, online, in minutes

or

Let us call you
c