Question

How much cover can I buy?

Up to R150,000 in any rolling 12 months Up to R1,000,000 lifetime cover

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Can I switch from monthly instalments to once-off payments later?

Yes. Once you have completed your initial 6-month commitment period, you are free to make additional payments in any amount and at any frequency — inc...

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Am I eligible to buy the Ongeza Life Policy?

You are eligible to buy the policy if you will be aged between 18 and 66 years at your next birthday and residing in South Africa. Both SA citizens an...

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How often can I top-up my cover?

You can top up your cover at any time, provided you have not exceeded R150,000 in cover over the preceding 12 months. Whether you have a once-off plan...

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How soon will my claim be paid?

Once the claims documents listed in the policy document (as well as on our website) are received, Ongeza Life will settle the claim within 48 hours.

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How is it different from normal life insurance?

Most life policies cancel your cover if you stop paying monthly premiums. With Ongeza Life Plan: Your policy never lapses You don’t have to pay every...

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Is Ongeza Life Plan underwritten?

Yes, the product is underwritten by Guardrisk Life, FSP No. 76. Guardrisk is a member of Momentum Metropolitan Holdings Please also note that the prod...

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Is Ongeza Life licensed by the regulators?

Yes, Ongeza Life is an authorized Financial Services Provider, FSP No. 50004. The company is licensed and regulated by the Financial Sector Conduct Au...

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