Momentum Life Insurance is one of South Africa’s longest established life insurance companies. The company’s many thousands of underwriters and life insurance brokers work hard to deliver on the company’s promise of protecting your life, and the lives of your loved ones once you have passed.
The following are the different products that make Momentum Life Insurance the best.
Momentum Life Provider
With Momentum’s Provider product, you get life insurance of up to R3-million. This amount, a staggering one at that, is paid out to your beneficiaries when you pass away. However, Momentum understands the urgency of money at the time of death, thus a portion of that amount is paid out to your family within two days of them making a claim.
This option also comes standard with life insurance in the case that you get critically ill, and therefore cannot provide for yourself and your family. Momentum life insurance for disabilities falls under this as well, therefore, should you be injured at work for example, and are unable to have a working livelihood, your insurance policy can be claimed on. Note however, that the policy makes a once-off payment to you if you are disabled.
Myriad by Momentum Life
Myriad insurance is comprehensive cover from Momentum Life. This life insurance offers benefits far greater than what the Momentum Life Provider does, and certainly a deal more than what other life insurers offer. Here, you are incentivised for being alive. If you survive moderate and even critical injuries, your life policy will continue till the day you die. Also, on the day that you retire, you have the option to take out between 35% and 45% of your life insurance premiums in cash.
As part of Momentum Life Insurance, you also qualify for their rewards programme, Momentum Multiply. This rewards programme gives you access to a multitude of discounted products and services, many of which will help you live longer, like a gym membership and discount on food.
And even though Myriad has your bases covered on many levels, it’s important to understand that some events are not covered, and they would be: Cancer, a Heart Attack, Stroke and Coronary Artery Bypass (which are collectively known as the Big 4).
Momentum understands that life insurance is not just about death, but the risks involved throughout your adult life and the lives of your family members.
Momentum Life Insurance Contact Details
0860 665 432
Life insurance terms explained easily – click here for more!