Pays you a lump sum to help cover all the costs associated with setting up a new life.
Disability insurance designed to help you restart your life with a lump-sum payment if you become permanently disabled and are no longer able to do your job. This means your cover will be paid out in one go.
Like all Sanlam Indie policies, your Disability Cover policy includes a built-in Wealth Bonus. We’ll match up to 100% of your premium in a reward that tracks the market like an investment to grow real wealth for your future.
Even if you have a comprehensive medical aid and gap cover (and well done if you do), some of the biggest costs associated with becoming disabled aren’t medical in nature. If you become permanently disabled and can’t work as a result, Disability Cover gives you cash for things like equipping your home or vehicle for your disability, or once-off purchases of equipment like wheelchairs, eyepatches, peglegs and stainless steel hooks. Arrrr!
Most people choose to have at least R350,000 of disability cover, but opt for about 6 months of income (after tax but before other deductions) if that’s higher.
We’ll help you work out what cover you need in just minutes.
You’re also covered if you're a full-time student when you become disabled, and are permanently unable to fulfil the demands of the occupation you’re preparing for, taking into account your education, training, and experience.
If you thought becoming disabled was bad, the costs associated with starting over can be even worse.
Disability Cover pays you a lump sum to help make up the shortfall, because even the best medical schemes can't cover all the costs associated with setting up a new life.
Disability Cover is for everyone who has a job which pays them an income.
We’ll pay all claims as fast as possible. How long that’ll take depends on the nature of the claim, as well as how quickly we’re given the claims documentation.
Disability Cover will not pay a claim if:
Disability Cover claims will be paid to you, the policyholder.
No. Under current taxation laws, you won't pay any tax on the claim payout.
Your Disability Cover amount will automatically grow each year with inflation, but you can choose to opt out of this growth. Also, at any time you can lower your cover, or increase your cover, or remove your cover altogether.
Depending on the size of a cover increase, we may first need you to answer some short medical questions
The cover will end when you turn 70. Obviously, if you die, then the cover will also stop. If you retire before turning 70, you must remove this product, since you will not be able to claim if you are no longer earning an income from your job.