1 Life Direct
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Life is precious, exciting, exhilarating and above all valuable. Life is also totally unpredictable. No one can foresee the future and that is why life insurance is essential.
Join the new generation. With 1Life Direct you are assured of straightforward solutions for all your life cover needs. You need the assurance that your dependants and debts will be taken care of in the event of your death – and that’s exactly what we give you. Plain and simple. No complicated calculations, no “investment components”. We don’t test your patience with paper, collared consultants or fancy lap top presentations – in fact, we don’t even test your general health upfront! Expect competitive premiums, service processes free of all the traditional headaches plus the freedom to choose the high quality package that suits you best:
PURE LIFE COVER
1LIFE BASIC
- will pay out, to a beneficiary of your choice, a cash amount up to R200 000 in the event of your death
- is a “level sum assured” product, so the amount you are covered for will not decrease while your policy is active
- can be taken for a specific number of years or for your whole life
- covers accidental death immediately
- includes terminal illness cover – i.e. if you are diagnosed with a terminal illness and your life expectancy is less than 12 months, your cash amount will be paid out
1LIFE ELEVATED
- will pay out a cash amount from R200 000 up to a beneficiary of your choice in the event of your death
- is also a “level sum assured” product, so the amount you are covered for will remain the same while your policy is active
- includes a “guaranteed assurability” option, which means that you can increase your cover amount if your lifestyle changes (e.g. when you get married, buy a home or have a baby)
- can be taken for a specific number of years or for your whole life
- covers you immediately for accidental death
- also includes terminal illness cover
You can further add some extra value to your life policy with our two additional products for disablement and dread disease:
1LIFE DISABLEMENT:
Offers you a choice between cover for disablement which leaves you medically unfit to work and cover for events that result in a disability:
Occupation-based Disablement
- pays out a cash amount if you become permanently and totally disabled and cannot do your normal job or any other work
- stands alone from your other benefits, so if this amount is paid out, your life cover amount will not be affected
- is a “level sum assured” up to 5 years before you turn 65 or retire
- covers you immediately if your disablement is the result of an accident
- includes the option to increase your cover amount when your circumstances change
Event-based Disablement
- pays out a percentage of your cover amount depending on the kind of disability you suffer, e.g. if you lose an eye, you get 50% of the amount, but if you become permanently blind in both eyes, a 100% will be paid out.
- also stands alone - so claim here will not affect the cover value of your other products
- covers you immediately for accidental disablement
- can be increased according to your lifestyle changes
1LIFE DREAD DISEASE
- pays a percentage of your “level sum assured” cover amount if you suffer a dread disease such as leukaemia or undergo a major heart operation or organ transplant
- is a stand-alone product which will not affect your other covers’ value
- can be taken for a specific period or for your whole life
- includes “guaranteed assurability” for lifestyle-related cover amount increases
1LIFE RETRENCHMENT
- will pay out up to R20 000 per month to cover your long or short term loan instalments if you become retrenched
- allows you to select the numbers of months for which instalments will be paid on your behalf
- remains active either until a disablement, death/dread disease claim is made and paid out or until your loan expires (you can take it for the whole loan contract period or outstanding period if your loan is older than your credit life policy)
If you have disablement and/or dread disease cover under these additional products and claim from one of them, we will pay the premiums for your other policies to help you keep your cover active during difficult periods:
DISABLEMENT PREMIUM WAIVER pays the premiums of your 1Life Basic/ Elevated and 1Life Dread Disease cover (if you have this) on your behalf for a period of up to 5 years if you become disabled and the full cover amount of your 1Life Disablement policy is paid out.
DREAD DISEASE PREMIUM WAIVER pays the premiums of your 1Life Basic/ Elevated and 1Life Disablement cover (if you have this) on your behalf for a period of up to 5 years if you suffer a dread disease or have a major heart operation or organ transplant and the full cover amount of your 1Life Dread Disease policy is paid out.
