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| Personal Lines Motor & Household
Products | | Cash Back Plus
| | Young @ Heart |
| Value Added Products |
| Excesses |
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Young @ Heart
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Created exclusively for Auto & General clients over the age of 50, the Young
@ Heart package offers a range of value adding benefits, consisting of the following:
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Cash Back Plus
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The Cash Back Plus bonus which pays out up to 25% of the client’s total premiums
paid over a 4 year period as a reward for uninterrupted, claim free insurance. As
explained in the above section, this payment may also be equal to the client’s full
first year’s premium value and excludes the amounts represented therein for broker
commission and fees.
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Basic excess waiver
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With Young @ Heart, the client is offered the option to waive all basic first amounts
payable in the event of a claim upfront. All additional excesses as indicated on
the policy schedule will still apply.
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Premium waiver – dreaded disease |
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If the policyholder suffers from or is diagnosed with any of the following conditions
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Heart attack
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Kidney failure
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Blindness
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Paraplegia
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Cancer
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Major burns
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Stroke
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Coma
- Multiple sclerosis/motor neurone disease
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payment of his/her short-term insurance premium will be made for a 6 month period.
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This benefit will also be payable if the policyholder becomes the recipient of a
heart, lung, liver, pancreas, kidney or bone marrow by actually undergoing a major
organ transplant procedure.
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Expo-sure |
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This HIV/RAPE support product provides the client and family members in the household
with:
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Blood tests
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Medical consultations and
- Treatment (anti-retroviral, prophylactic, STD preventative and the "Morning After
Pill")
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within the critical 72 hour window period after accidental exposure to a potential
infection. These procedures greatly reduce the client's risk of becoming HIV-positive.
Additional benefits for counselling and security improvements after rape related
attacks are also included.
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PROTECTION PLAN COVER
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In order to aid in making provision for the unexpected, but inevitable
costs associated with death, this benefit offers:
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R5 000 cover for the short-term policyholder
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Claims settlement within 2 working days
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Cover for death as a result of HIV/AIDS related illness
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Only a 3 month waiting period, but immediate cover if death is due to accidental
causes
- Immediate cover if death is due to accidental causes
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Premium waiver - death
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In the event of the death of the policyholder, this benefit will provide payment
of the short-term insurance premium for a period of six months. |
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Premium waiver – retrenchment
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Similar to the premium waiver for death, this benefit will cover the short-term
insurance premium in the event of the policyholder being retrenched. Cover will
be for a period of up to six months and waiting period of 3 months from inception
(of Young @ Heart package) applies. |
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