Ensure your loved ones are protected when you are no longer around. Sanlam Life Insurance offers assurance that your family and dependents are financially secure no matter what. We can also assist you with saving for that social event, holiday or your child’s education.
Sanlam offers you a solution suitable for people who wish to protect their families from financial crises in the event of a premature death or absolute and permanent disability of the insured or a family member covered.
How it Works
In the event of death or absolute and permanent disability, the designated beneficiary or beneficiaries stated in the agreement will receive the payment of a capital guaranteed of which the amount was determined in advance by the subscriber. The premium is based on the age of the insured, the duration of guaranty, the guaranteed capital and health status of the insured at the time of the subscription.
With credit life insurance, Sanlam will pay off the outstanding amount of your loan in case of your premature death or absolute and permanent disability. This benefit could be extended to retrenchment, depending on the agreement between Sanlam and your bank. Ask your bank about Sanlam’s Credit Life Insurance.
If you are thinking of making life easier for your loved ones when you are gone and you are interested in having everything covered for them, Sanlam has different funeral insurance options that you can choose from.
Mfata Mu Mugongo Plan
When you retire from your active working life, you’ll benefit from the money you’ve saved with our Retirement Plan. However, Sanlam’s Retirement Plan also provides you with insurance in the event of premature death or total and permanent disability.
We can help you start saving for your child’s university or college fees to ensure a prosperous future.
We will protect your car and household possessions as it plays such an important role in your life.
Every little bit you save towards retirement will help you to reach your goal.