Question

SMME’s

Small and Medium-size businesses tend to have no group life cover arrangements for both the principal member and the employees. The principal member i...

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Seasonal income earners

The seasonal income earners category includes farmers, who normally earn their income seasonally, e.g. harvest time. This product suits this category ...

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Employers – Long term service awards

You as an employer can buy some amount of cover on a once-off basis for your employee as a long-term service award. You could also buy the product for...

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Stokvels

Are you a member of a Stokvel? If so, this product suits you perfectly. Stokvels normally have a rotational schedule where one or more of the members ...

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Burial Societies/Friendly Societies

Similar to the retirement fund industry, the officials of a Burial or Friendly Society can arrange to buy Ongeza Life Plan for all their members. The ...

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Group Life Assurance Schemes

Membership to an employer’s employee benefits scheme enables an employee to enjoy life cover of a multiple of annual salary. When an employee leaves t...

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Pension/Provident Funds

When a member of a retirement fund leaves the fund, either through resignation, retrenchment or retirement, the said member loses the life cover which...

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Can I buy the policy for another person, e.g. my brother or sister, or even my parents?

Yes, you can buy the policy for anybody else. The insured person is however the owner of the policy and he or she will be the one whose profile we wil...

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I earn less than R5 000 per month and I got a quote from your system showing that I would receive a lower cover amount than my friend who is of the same age but earning R20 000 per month, if we pay the same premium. Please explain this.

Our pricing is based on 3 factors: 1. Gender: females experience lower mortality than males, so a female rate is more favourable than a male rate of t...

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If my income increases over time, will my new income be used when I do a top-up?

Yes, at the time of doing a top-up, your new income will be used.

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