LIFE COVER

Life cover protects you, your family and your dependents' financial security in the event of your death, disability or critical illness.

The following are covers to consider for protecting yourself from risk:

• Life cover: This cover provides your family or nominated beneficiaries with a lump sum of money in the event of your death. They can use this lump sum in whatever way they choose. If the policy is ceded as security to your mortgage provider, it is used to pay off some or all of your outstanding mortgage amount .
• Disability cover:  Disability cover pays you a lump sum amount if you become permanently disabled and are unable to work. You can use the lump sum payment to help you cover your living expenses and to pay off outstanding debts.
• Income disability cover :  This cover pays you a monthly income when you are unable to work as a result of illness or injury. Your injury or illness need not be permanent. Various waiting periods are available.
• Critical illness cover :  this cover pays you a lump sum amount if you are diagnosed with any of the specified severe illnesses such as cancer, a stroke, a heart attack.