Old Mutual Life Insurance is one of the biggest and most reputable financial services provider in Southern Africa. The company has been providing affordable and appropriate financial and insurance products for over 167 years. Old Mutual Life Insurance falls within the Old Mutual group banner which in turn maintains a strong partnership with Mutual and Federal and Nedbank. The company’s prominent position in the industry ensures that they are able to offer a wide variety of financial products and services suitable for corporate, institutions, businesses and individuals. The company’s strong financial flexibility has also diversified the business and created greater access to international markets.
Greenlight Life Insurance Cover
The Old Mutual Life Cover provides a foundation of your personal life cover which is designed to ensure that your family is protected when you are no longer around. The Greenlight Life Cover from Old Mutual provides the following options:
The death benefit option provides a lump sum cash payout in the event of death of the main life assured. This benefit can be used to provide an income and ensure the financial security of your family members, settle outstanding bonds, debts, estate duty and any other financial costs. The Old Mutual Pure Life Plan and Life and Disability Plan covers each life for R500 000.
Accidental Death Benefit
The Accidental Death Benefit helps to alleviate the financial stress which may be caused by the occurrence of sudden accidents. In the event of the accidental death of the main life assured, the Old Mutual Life Accidental Death Benefit pays out a lump sum to the nominated beneficiary. The Old Mutual Accidental Death and Disability Plan covers each life for R250 000.
Final Expenses Benefit
The Final Expenses Benefit provides cash to cover debts that must be settled immediately such as credit cards and other immediate needs like funeral costs and travel costs.
Old Mutual Life Insurance has made available a Care4U support centre through which members will gain instant access to the comprehensive network of assistance for any need at no additional cost.
Additional Life Plan Benefits and Options
The Premium Holiday and Start Again Benefits will assist you in keeping your life plan active in the event that you are unable to pay your premiums. Members will also receive a Cash Back Benefit and a Premium Back or Money Back Guarantee.
Old Mutual Life Contact Details:
Tel: 0860 50 60 70 | 021 509 9111