What is Sanlam Indie Wealth Bonus?
Your Sanlam Indie Wealth Bonus benefit is our way of saying thank you for being a loyal client. It’s also our way of rewarding you for being financially responsible and having insurance in the first place.
For every premium you pay, we match a percentage of what you pay into a Wealth Bonus benefit. Your Sanlam Indie Wealth Bonus grows with each contribution and tracks the market like a real investment. Over time, we expect the value of your benefit to grow with compound interest, depending on how the market performs.
Every 60 premiums you pay, part of your Sanlam Indie Wealth Bonus unlocks and becomes available. You can choose to withdraw it or leave it invested to continue tracking the market. When you turn 70, your full Sanlam Indie Wealth Bonus benefit gets paid to you - including years of growth.
What's the catch?
There’s no catch, other than you need to stick around. We'll keep unlocking portions of your benefit every 60 premiums for as long as you're a client, but you need to keep a single policy active up to age 70 to get your full Sanlam Indie Wealth Bonus payout. You can claim, add products, drop products, change your cover... none of that will affect the value of the Wealth Bonus you've accumulated up till that point, as long as you maintain the same policy. And at the end, if you still have a policy, you'll get the cash. 🎉