Hollard Life Insurance is a life cover option offered by South Africa’s largest privately-owned insurance group, with turnover exceeding R15 billion. Hollard has an impressive track record in innovation and currently delivers insurance to more than 6 million policyholders.
Life is unpredictable and you never know when your last day on this earth might be. For this reason, it’s important to have life cover which will provide your family with a safety net in the event of your death. Your family will have financial security which will be helpful for them in terms of paying for daily expenses and settling outstanding debts. This life cover can be of great assistance if individuals are breadwinners and their families have no other source of income. The funds can also be used to pay for children’s school fees or tertiary fees. If there are any home renovations, the funds may also come in handy here.
Life cover is offered from R50 000 up to R200 000. Hollard gives clients the freedom to choose benefits to customise the right insurance policy for their individual needs. The handy online insurance calculator can be quite useful for calculating monthly premiums. By using this tool, you can work out how much cover you’ll get and the premium you’ll have to pay to get the benefits.
An added benefit of Hollard Life Insurance is that you can receive 20% of your premiums back every five years, if all premiums have been paid after a five year period.
If you claim from Hollard Life Insurance, R20 000 of the chosen cover amount is paid out within 48 hours. This is dependent on all relevant documents being sent.
In the event of your death, your beneficiaries get access to a rental car for making funeral arrangements.
To find out more about Hollard Life Insurance, call: 011 351 5000.
Visit the Hollard website here: www.hollard.co.za