Life cover made simple
Simple Life cover will provide you peace-of-mind knowing your family will be provided for when you’re no longer there to do so. It’s life insurance made easy.
Some of the benefits
Convenience
Up to R100 000 Life cover without any medical underwriting
Flexible
You can change beneficiaries on your Simple Life policy at any time
Peace-of-mind
The cash payout can be used to clear outstanding loans, cover day-to-day expenses, or finance your children’s education
Accidental death cover
Accidental death is immediately covered once your Life policy is activated
How it works
- Take out Simple Life cover over the telephone
- Save time and money by going direct
- Change or add beneficiaries to your Simple Lifepolicy at any time
- Increase your cover, subject to terms and conditions, and a maximum of R100 000.
Exclusions:
The Life Policy does not cover, and won’t pay out for, the following events:
- Suicide or self-inflicted injury within the first 24 months of the policy term.
- A wilful and material violation of any criminal law
- Deliberate or regular involvement in hazardous or risky hobbies, sports or activities more than once-a-year
- Policy will be cancelled due to unpaid premiums, subject to a grace period.
Standard Bank Insurance Brokers (Pty) Ltd (“SBIB”) is an authorised financial services provider FSP 224. Underwritten by Liberty Group Limited
What it costs
Your premiums are determined by the plan you chose when you took up the policy.
Plan A-I (6 months waiting period)
| Cover amount | Plan A | Plan B | Plan C | Plan D |
| R 5 000 | R 7 500 | R 10 000 | R 15 000 | |
| Premiums | R24.00 | R36.00 | R46.00 | R65.00 |
| Cover amount | Plan E | Plan F | Plan G | Plan H | Plan I |
| R 30 000 | R 40 000 | R 60 000 | R 80 000 | R 100 000 | |
| Premiums | R114.00 | R152.00 | R195.00 | R259.00 | R324.00 |
How to claim
To claim a benefit on your policy contact your Standard Bank adviser for the necessary documents, or phone the claims line on 0860 123 999, or email: [email protected]
What you’ll need:
- Completed claim form
- Death certificate
- Certified copy of the ID of the deceased
- Certified copy of the ID of the claimant or beneficiary
- Notification of registration of death
- Copy of the police report in the case of a death due to unnatural causes
Please note:
- Claims must be submitted within 12 months of the insured person’s death
- Claimants need to provide proof of their relationship with the policyholder or insured member
- Claims are processed by the Liberty Group once all information is verified
How to get it
- Send us a Call me back
- Call us at 0860 123 999
- Or visit your nearest branch
-
How it works
-
What it costs
-
How to claim
-
How to get it
- Take out Simple Life cover over the telephone
- Save time and money by going direct
- Change or add beneficiaries to your Simple Lifepolicy at any time
- Increase your cover, subject to terms and conditions, and a maximum of R100 000.
Exclusions:
The Life Policy does not cover, and won’t pay out for, the following events:
- Suicide or self-inflicted injury within the first 24 months of the policy term.
- A wilful and material violation of any criminal law
- Deliberate or regular involvement in hazardous or risky hobbies, sports or activities more than once-a-year
- Policy will be cancelled due to unpaid premiums, subject to a grace period.
Standard Bank Insurance Brokers (Pty) Ltd (“SBIB”) is an authorised financial services provider FSP 224. Underwritten by Liberty Group Limited
Your premiums are determined by the plan you chose when you took up the policy.
Plan A-I (6 months waiting period)
| Cover amount | Plan A | Plan B | Plan C | Plan D |
| R 5 000 | R 7 500 | R 10 000 | R 15 000 | |
| Premiums | R24.00 | R36.00 | R46.00 | R65.00 |
| Cover amount | Plan E | Plan F | Plan G | Plan H | Plan I |
| R 30 000 | R 40 000 | R 60 000 | R 80 000 | R 100 000 | |
| Premiums | R114.00 | R152.00 | R195.00 | R259.00 | R324.00 |
To claim a benefit on your policy contact your Standard Bank adviser for the necessary documents, or phone the claims line on 0860 123 999, or email: [email protected]
What you’ll need:
- Completed claim form
- Death certificate
- Certified copy of the ID of the deceased
- Certified copy of the ID of the claimant or beneficiary
- Notification of registration of death
- Copy of the police report in the case of a death due to unnatural causes
Please note:
- Claims must be submitted within 12 months of the insured person’s death
- Claimants need to provide proof of their relationship with the policyholder or insured member
- Claims are processed by the Liberty Group once all information is verified
- Send us a Call me back
- Call us at 0860 123 999
- Or visit your nearest branch