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What will my Sanlam Indie Wealth Bonus be worth?

There are a lot of things that could affect the value of your Sanlam Indie Wealth Bonus over time.

  1. Your age.
    The younger you are, the more we contribute monthly to your Wealth Bonus.
  1. How long you have your policy for.
    The younger you are when you take out your policy, the more time your Wealth Bonus will have to grow with compound interest.
  1. Your cover and premium.
    Our contributions are calculated as a percentage match of your premium. So for example, if we match 80% of a R100 premium, that means we contribute R80 every month. But if the premium increased to R1,000, we’d contribute R800 per month from then on. Over time, that extra cash being added every month has a big effect on the total projected value of your Wealth Bonus.
  1. Market performance.
    Your Sanlam Indie Wealth Bonus tracks the market like a real investment. That means if the market underperforms, your Sanlam Indie Wealth Bonus could lose value. But over the years, we expect the value of your Sanlam Indie Wealth Bonus to grow.

Because of the nature of investing, we cannot predict the actual performance of your Sanlam Indie Wealth Bonus over time. 

Any illustration we use for marketing purposes is product and profile dependent, for illustration only and is not guaranteed.

We will send you personalised projections and forecasts for how we predict your Sanlam Indie Wealth Bonus will perform over time. These projections are not guaranteed, because we can’t predict with certainty how your Sanlam Indie Wealth Bonus will perform.

To work out these projections, we have to make some assumptions. 

We assume that:

  1. The market your benefit tracks will grow at a blanket 7% a year. In reality, this rate will probably fluctuate over the years.
  2. You won’t add or remove any products. In reality, you might change the products you have with us over time - for example, if you make a claim.
  3. You won’t increase or decrease your cover for any products, besides annual rerating. 
  4. You’ll accept our automatic rerating of your policy every year. In reality, sometimes you might opt out of this annual increase to your cover and premium.
  5. You’ll still be an active client when you’re 70. Remember, you lose any unlocked money if you no longer have an active policy when you turn 70.

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