FAQ Category: Lives Assured

What is Extended Family?

3 July 2020
This refers to the other family members nominated by the Policyholder to be covered under this Policy and in whom the Policyholder has insurable interest. This will include the Policyholder’s additional Spouse(s), married or adult Children, 2 (two) Parents, 2 (two) Parents-in-Law and other relatives. A maximum of up to 6 (six) Extended Family Members ...Continue reading

What is a New Born Child?

3 July 2020
A New Born Child must be nominated in writing within 6 (six) months of the date of birth. If not nominated within 6 (six) months from birth, the waiting period will apply.Continue reading

What are Children?

3 July 2020
The Policyholder’s own, unmarried Children, including legally adopted- and stepchildren under the age of 21 (or 26, if he/she is a full-time student). Children’s cover stops on the last day of the month in which the Child turns 21 years old (or 26 years old, if he/she is a full-time student). Once the Child turns ...Continue reading

What is the Spouse?

3 July 2020
The person to whom the Policyholder is married, and which marriage is accepted under the law of South Africa – including civil, customary or same-sex marriages, or with whom the Policyholder lives in a relationship similar to a marriage, which relationship is intended to be permanent like a marriage and has existed for at least ...Continue reading

What is the Policyholder?

3 July 2020
This is the premium payer, the person who signs the application form and who also nominates other people who are to be insured under this Policy.Continue reading

What is the Immediate Family?

3 July 2020
The Policyholder’s Spouse and up to 6 (six) unmarried dependent Children.Continue reading

What is the Life Assured?

3 July 2020
All the Insured persons under this Policy. This refers to the Policyholder, the Immediate Family Members and the Extended Family Members under this Policy.Continue reading

What are the References to Age?

3 July 2020
All references to age will be the person’s Age Last Birthday. Your age at entry will be your Age Last Birthday on Acceptance Date. The maximum age at entry for the Policyholder and Spouse is 64 (sixty-four) and for Extended Family Members it is 70 (seventy). Refer to “Children” for the maximum age of a ...Continue reading

Are Foreign Nationals covered?

3 July 2020
The Lives Assured as well as the Beneficiary must all be South African citizens.Continue reading