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Insurance Cover For You
You can’t control the twists and turns life hands you, but you can prepare for them. Make sure that your loved ones are taken care of when you are no longer capable of providing for them. We have partnered with 1Life to offer you two main Life Insurance products to choose from that will suit both your specific needs and your budget, and it will pay out cash to your beneficiaries.
Don’t think that you are too young or too healthy to get life insurance. In fact, the younger and healthier you are the better as your monthly premium will be calculated based on your health, lifestyle, age, gender and occupation.
Life Insurance
You want to live your life to the fullest, not worry about what’s going to happen at the end of it. With our affordable Life Insurance, you don’t have to! Secure the financial means to look after yourself if you fall terminally ill or become disabled, and make sure your loved ones are taken care of when you’re no longer around with an Elevated Life Insurance quote from Budget.
Elevated Life Insurance
Our Elevated Life Insurance gives you peace of mind so you can live well without worry. Depending on your cover amount, your beneficiaries will get a payout of between R200 000 and R10 million when you pass away. They will also get R50 000 within two days of submitting a valid claim to put towards funeral expenses, easing the burden during this most difficult time.
You too can benefit from an Elevated Life Insurance quote while you’re still alive. If you’re diagnosed with a terminal illness and are given less than a year to live, we’ll pay out your entire cover amount, no exceptions.
Elevated Life Insurance benefits
To boost your cover, we offer a number of automatic and optional benefits, including:
Guaranteed Assurability: If you choose to add this to your Life Insurance policy, you can increase your life cover if your lifestyle changes, for example, if you have another child.
Expo-Sure: Our confidential HIV testing, treatment, and counselling service following accidental exposure to HIV is available to all Budget Life Insurance customers.
Waiting periods: There is no waiting period for natural and accidental death, and only a two-year waiting period for suicide.
Additional Life Cover
If you need even more cover, you can add Dread Disease Insurance and Disablement Insurance to your Budget Life Cover policy.
Dread Disease Insurance
If you are diagnosed with a dread disease, such as cancer, need major surgery, like a heart transplant, or suffer organ failure, a portion of your cover amount, from R50 000 to R4 million, will immediately be paid out to you.
Disablement Insurance
You can never predict that an accident might happen, but you can be prepared if it does. That’s why we offer two types of affordable Disablement Insurance quotes: Occupation-Based Disablement Insurance and Event-Based Disablement Insurance, each making certain you can support yourself if you can no longer work due to becoming disabled.
Occupation-Based Disablement Insurance
If you become disabled and cannot perform your job or any other work for which you’re suited, we will pay out a percentage of your cover amount immediately.
Event-Based Disablement Insurance
The severity and type of your disability will affect what percentage of your cover amount is paid out.
Life Insurance quotes
Life is too short to spend it worrying about the future. Get an affordable Budget Life Insurance quote today and leave it to us to do the worrying. Get a Life Insurance quote online, call us on 0860 86 04 44, or leave your details and we’ll call you back.
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Terms and conditions apply. * Life Insurance policies underwritten by 1Life Insurance Limited, an authorised insurance and financial services provider.