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When do I get my Sanlam Indie Wealth Bonus?

Your Sanlam Indie Wealth Bonus is a loyalty benefit that comes with your Sanlam Indie policy. For every premium you pay, we allocate money to your benefit, which tracks the market to grow like an investment.

At times, some of this money unlocks and becomes available to withdraw or is paid out to you automatically. 

You get money when:

Will I get my premiums back?

Yes, we expect many people to get more than the sum total of their premium payments back. But how much you get depends on your age when you take out a policy. The younger you are, the more you can expect to get back at 70. For example, if someone takes out a policy in their 20s and keeps it going, their Sanlam Indie Wealth Bonus could be worth millions of Rands when they turn 70.*

This is because there is more time for your Sanlam Indie Wealth Bonus to earn compound interest. If you're older, it's unlikely that your Sanlam Indie Wealth Bonus will grow enough in the short term to get bigger than the total of all your premium payments.

*This example is product dependent and used for illustration only. Projected future value is based on average assumptions and not guaranteed. Be wary of buying any financial product based on a forecast or illustration.

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