Family cover options entail that all members are covered under the same package.
Only one policy per member is allowed.
A maximum of R15 000 funeral cover per main member.
WAITING PERIOD
| INDIVIDUAL OR FAMLIY PLANS (Main Member, Spouse and Children) | ||
|---|---|---|
| PLAN CODE | COVER AMOUNT / BENEFIT | WAITING PERIOD |
| SSA-SSD / SFA-SFD | R5 000 - R15 000 | 0-6 MONTHS = 0% OF BENEFIT, AFTER 6 MONTHS = 100% OF BENEFIT |
| EXTENDED FAMILY PLANS | ||
|---|---|---|
| PLAN CODE | COVER AMOUNT / BENEFIT | WAITING PERIOD |
| SSA-SSD / SFA-SFD | R5 000, R7 500, R10 000 | 0-9 MONTHS = 0% OF BENEFIT, AFTER 9 MONTHS = 100% OF BENEFIT |
CASH BENEFIT – The money can pay for a casket, catering, tombstone.
LIMITATIONS AND EXCLUSIONS - Benefits will only extend to and cover death whilst a member is domiciled in the Republic of South-Africa.
- Exclusions with regard to war and terrorism
- No security, loan or surrender values are applicable
- The commission of any criminal act will be excluded
EXCLUSIONS – War, Riot and Terrorism.
SURRENDER VALUES – There are no Surrender values attached to this policy