Hollard Life Insurance is a highly renowned insurance firm which has been providing reliable insurance solutions in South Africa since its inception in 1980. As one of the largest insurance providers, Hollard commands a heavy pan African presence with operations in several African countries including Botswana, Ghana, Mozambique and Namibia. The company is also a well-known brand in the Pacific, Europe and Asia with operations in India, China, Australia, United Kingdom and Pakistan. Hollard Life Insurance has made significant strides in the low-income market because they are capable of providing the best short-term to long-terms insurance options at an affordable price.
Life cover from Hollard Life Insurance ensures that you have peace of mind knowing that your family will be provided for in the event of your death. The company is committed towards ensuring that you choose the right life insurance policy and professional help is always at hand to offer expert advice. With Hollard Life cover your life insurance policy beneficiaries receive a tax-free lump sum benefit upon your death. The lump sum benefit ranges from R50 000 to R200 000, with the immediate release of R20 000 of your cover amount within 48 hours of the event. The claims process at Hollard Life is hassle free and this ensures that funds will be made available to you to cover funeral expenses.
It is important to note that if the life assured dies by his or her own act (suicide) within two years of the commencement date of the policy, no benefit shall be payable.
Terminal Illness Benefit
In the event that the life assured is diagnosed with a terminal illness which results in the life assured having twelve months or less to live, the life assured receives a terminal illness benefit.
- The Money-back benefit pays up to 20% of your premium payments after every 5 years. This benefit is available at no additional cost
- Life cover for your partner of up to R200 000 is available at an additional premium.
- The Funeral Benefit provides cover for up to 5 children at an additional premium per child.
- Vehicle Access Benefit is made available in the event of your death to provide your beneficiaries with the use of a rental car. There are different options to choose from such as the standard vehicle cover for 3 days or 6 days and the luxury vehicle cover for 3 days or 6 days.
Tel: (011) 351 5000