Investment is security, or so say the Clientèle group, one of the leading life insurers and financial services group in South Africa. Listed on the JSE, Clientèle has seen Returns on Shareholder Equity grow over the last 18 years, which has coincided with the immense growth of their life office in the country.
Their business model sees them offer easy-to-understand and convenient financial services products direct to the public. Clientele Life offer more than just life cover, but also hospital cover, dread disease, legal products and investment opportunities to cater for the growing need for financial protection in the South African market.
Clientele life cover
Clientele offer whole life cover direct to the public over the phone without requiring clients to take a medical examination. Their Lasting Dignity Cash Back Plan combines both life and funeral insurance to cover all bases in the event of death. The cover can be opted into for as little as R100 a month, which pays between R10 000 and R200 000, with cash-back bonuses every 60 premiums. To cover funeral and other costs, the plan pays out R10 000 within 48 hours of the insured’s death. What’s more, the plan pays out when the insured is diagnosed with a terminal illness to cover medical costs.
Clientele hospital cover
Whereas a medical aid covers certain medical procedures, medication and hospitalization, Clientele life’s hospital cover pays out cash to the insured in the event that he or she is hospitalized. This money can be used to cover the shortfall of the medical aid (that is, those procedures or costs not included in the medical scheme) or to supplement income that was lost as a result of the insured being in hospital.
The Premium Hospital Cash Back Plan pays out up to R5 000 every day the insured is in hospital, while the Standard Hospital Cash Back Plan pays up to R3 000 per day.
Clientele cancer protection
Should become victim to cancer, heart attach, stroke, renal failure or require an organ transplant, Clientele Life’s cancer protection plan will pay out to protect your family. Up to R100 000 is paid out upon diagnosis of heart attack, stroke and need of transplant, while the cover doubles to R200 000 if cancer is diagnosed (except in the case of breast cancer). The cover also includes an accidental death benefit.
To get a quote from Clientele life, you can SMS the relevant keyword (LIFE, HOSPITAL or DREAD) to 32849 (standard rates), or you can get multiple quotes from different life insurance companies by filling in our online form.