Product profile
Description
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Provides you with a monthly tax free replacement income if you fall ill, or have an accidental injury and are unable to work
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Helps to maintain your standard of living, offering peace of mind
For
- Aged 18 to 64
- Employees, self employed,part-time workers and housepersons
Not covered
HIV / AIDS - unless you work in the medical profession and you have contracted the disease through your work.
Maximum amount payable
Basis of cover
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Normal occupation, but does vary by occupation
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Limited cover for non-workers
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Proportionate benefit if can do a job other than normal occupation
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Proportionate benefit if return to normal work on part -time basis
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Reviewable
Benefits
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You choose the amount
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Index linked benefits
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No need to advise change of occupation
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Hospital cash
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World-wide
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Guaranteed insurability
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Rehabilitation service
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Disability counsellors
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Death benefit if die during first 12 months of claiming
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Waiver of premium while benefits being paid
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Retirement benefit if claiming for 12 months before retirement date
Options
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Deferred period; 4/8/13/26/52/56/104/112 weeks
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Retirement age ; 50/55/60/65
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Renewal review of benefits
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Career break suspension of cover at houseperson level
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Removal of index-linking
Last updated: 23 February 2008
