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PPS Life Cover is a lump sum benefit that pays out to the cessionary, nominated beneficiaries or estate, should you pass away. The payout can be used to settle debts, provide for your dependants and ensure liquidity in your estate.
Immediate Needs Benefit
Up to R 50 000, payable to the nominated beneficiaries within 48 hours of the submission of a valid death certificate
Terminal Illness Benefit
Pays out 50% of the life cover if the member is diagnosed with a terminal illness and is likely to die within the next 12 months
Accelerated disability cover
Pays out a portion of your life cover should you become unable to carry out your profession, based on the selected disability cover amount.
Accelerated critical illness cover
Pays out a portion of your life cover should you suffer from a listed trauma, physical impairment or critical illness condition, based on the selected critical illness cover amount.
Accidental death benefit
PPS Accidental Death pays out to your nominated beneficiaries, or estate, should you pass away due to an accident.