What makes Sanlam Indie different?

There are so many reasons to get excited about Sanlam Indie, we sometimes don’t know where to start. Here are 6 reasons that make us stand out from the crowd.

1. We’re unique in the financial services industry

We’ve tried to develop insurance products that meet the needs of a generation more digitally savvy than financially savvy. Our mission is to educate everybody (not just our customers) about all things finance to give you the tools to be financially free. 

Our products are simple (minimal fine print), our message is clear and transparent (no industry jargon), getting covered is quick and easy and can be done online in under 10 minutes, our state-of-the-art underwriting is done upfront, and we’re cool with it if you skip premiums. Best of all, we’re offering you Sanlam Indie Wealth Bonus, a free benefit linked to every policy that grows with each premium you pay.

2. We give you Sanlam Indie Wealth Bonus

Every policy we sell comes with Sanlam Indie Wealth Bonus. This is included automatically – we don’t charge you a cent for your Sanlam Indie Wealth Bonus benefit. 

It works like this: for each premium you pay, we’ll match a percentage of the premium and add it to a benefit that tracks the market like a real investment. Your benefit will grow with compound interest and you’ll be able to access portions of it after every 60 premiums, or the whole lot (tax-free) when you turn 70. As we like to think of it: we pay out if you die, but also if you live. 

3. We let you skip premiums without losing your cover

We get it. Life insurance can feel like a big financial commitment. There might be times when you can’t even pay your rent, and paying your life insurance premium won’t be your top priority. That’s why we won’t cancel your policy just because you’ve missed a premium. In fact, we’ll let you skip up to 6 premiums in a row in the first 3 years of taking out your policy – we’ll just temporarily adjust your cover until you get back on track. No need to warn us. No need to make up the missed premiums, unless you want to regain your full cover. 

4. We believe in radical transparency

We believe in telling it like it is. No fluff. No jargon. If you don’t understand something, just ask. 

Visit our Help section on the Sanlam Indie website or reach out to our Customer Heroes via our live chat. You can also email hello@sanlamindie.co.za to answer any questions about your policy or about life insurance in general. If you need help with your personal insurance, we can put you in touch with a financial advisor.

We don’t want to be accused of relying on fine print to refuse to pay out at claims stage. We want you to know exactly what you’re covered for so you can have peace of mind that we’ll pay out when the time comes. 

5. We offer instant cover

Traditionally, it can take weeks and a lot of paperwork to get life insurance. With Sanlam Indie, you’re covered the instant you accept your quote and finalise your policy, before you’ve paid your first premium. Or, if you like, you can delay cover and payments till a more convenient time. If your first payment is after 35 days, you’ll be covered from the date we collect your first premium. 

We don’t do medical tests for everyone. If you’re taking out non-funeral cover that requires underwriting, you may be selected for testing. We’ll let you know if you are and we’ll send a nurse to you at a time that’s convenient. 

6. We’re flexible

We underwrite upfront. That means if you’re honest with us when you complete your application, there’ll be no need to tell us if your health changes. If you think your change of fortune might decrease your premiums, we’ll rerate you on request.

We want you to stick around, so if your needs change, you can change your cover quickly and easily online. You can instantly remove or reduce your cover whenever you like, or you can increase your cover by up to 10% a year with no questions asked.

(If you want to add a benefit or increase your cover by more than 10%, you absolutely can – we might just ask a few extra questions.) 

Any changes you make won’t affect the Sanlam Indie Wealth Bonus you’ve accumulated so far.