What is the difference between Sanlam Indie's Death Income Protection and Life Insurance Cover?
Both Sanlam Indie's Death Income Protection and Life Insurance Cover pay if you die, but the way that they pay differs. Life Insurance Cover pays a single lump sum (to cover debt), while Death Income Protection pays dependents a monthly income (for ongoing expenses).
Both products allow you to choose your premium, and automatically adjust your cover to suit, so essentially, they're equally cost effective.
Knowing which product to choose really depends on your needs.