Miway Life Insurance is a dynamic and modern company currently making indelible strides within the South African life insurance industry. Miway is built upon a strong financial foundation which has been cemented by their major shareholders being, Santam, PSG and Sanlam. One of the major shareholder, Santam, is a blue-chip Johannesburg Stock Exchange listed entity and this gives the company further credibility. Miway Life Insurance has adopted the direct insurance model and an effective policy administration process which has led to the company’s exceptionally high performance.
Miway Life Insurance is committed towards delivering great service and to do so in a transparent manner. To achieve this goal, Miway encourages clients to visit the company’s official website and provide their honest comments on their personal Miway experiences. Miway relies on this identify service gaps and to improve on their service delivery.
Life Insurance Cover
Miway Life Insurance understands the importance of providing cover that can secure the financial future of your family when you are no longer around to do so. The life insurance policy is in essence a contract arrangement between the main life assured and the life insurance company in terms of which the life insurance company undertakes to make available a specified sum of money upon the death of the main life assured or upon the occurrence of an insured event. In return for this financial security, the policy holder is obliged to pay a specific amount of money at regular intervals (insurance premiums) or in specified lump sums.
Critical Illness Cover/Disability Cover
Additional cover is available for critical illnesses covered by the policy. In such cases, a lump sum benefit is payable to the main life assured upon diagnosis with a critical illness such as cancer, stroke or heart disease. Additional cover is also available for temporary or permanent physical impairments.
Credit Life Cover
Miway Life Insurance provides Credit Life Cover for a certain period of time for instance the period for paying off a student loan, car or bond on your house. The Credit Life Cover lapses when the cover period has been achieved.
Miway Life Contact Details:
Tel: 0860 64 64 64 | 011 990 0000