| Progress Legacy Plan | Progress 4Life Plan | Progress 4Sure Plan | Progress Accident Plan | |
|---|---|---|---|---|
| Minimum premium | R150 pm | R120 pm | R90 pm | R73 pm |
| Maximum benefit (cover) | R10 million | R1,2 million | R300 000 | R1 million |
| Funeral cover for you and your spouse | included, optional for your spouse | included, optional for your spouse | included | no |
| Funeral cover for your parents and children | additional premium | additional premium | additional premium | not available |
| Yearly premium increases Increase your benefits and ensure that benefits keep up with the effects of inflation | yes | yes | yes | yes |
| Blood tests | yes – only on HIV test | no | no | no |
| Cash back benefit All premiums are paid back to you every 10 or 15 years, if you don’t claim | not available | additional premium | additional premium | not available |
| Disability and critical illness cover | additional premium | additional premium | additional premium | not available |
| Loan protector Assist with the repayment of a loan when you die (e.g. a home loan) | additional premium | not available | not available | not available |
| Education option Assist to fund your children’s education when you die | additional premium | not available | not available | not available |
| RA Maturity reward The value of your Carefree Life Retirement Annuity is increased because you have life cover with Assupol | included | included, if you have a qualifying Progress Legacy Plan | included, if you have a qualifying Progress Legacy Plan | not available |
| Premium Waivers Death and/or Occupational Disability Plus and/or Physical Impairment | additional Premium | additional Premium | additional Premium | not available |
| Premium Waiver – retrenchment Guaranteed insurance for you and your family, without paying any premiums for up to 6 months if you get retrenched from your job | not available | additional premium | additional premium | not available |
| Assupol On-Call HIV/Aids assistance Information about medical matters General telephonic medical assistance – by a qualified nursing sister Ambulance and other transport in a life-threatening medical emergency Admission fee to a medical facility Transport of the deceased and family members Other benefits if the life insured dies Trauma counselling Tutor assistance to children Information about financial matters instantDiscounts™ – if the life insured dies Discount on funerals | additional premium | additional premium | additional premium | additional premium |
| On-Call Plus This benefit pays out on the death of a life insured and can be spent in any combination on instantGroceries™, electricity, transport and airtime. Valid instantGroceries™ claims are paid in minutes after a claim has been registered, and can be spent at participating shops countrywide – this includes Checkers, Pick n Pay and Shoprite. Real convenience in a time of need | additional premium | additional premium | additional premium | additional premium |
Life cover
Now you can care for your family even after you have passed on.
Life is full of surprises and not all of them are good. If you’re the breadwinner in your family, your death could leave your partner and children financially vulnerable. We know that nothing can replace you, but an Assupol Life Cover policy will provide them with the security and protection they need should the worst happen. You’ll also have the peace of mind that comes with knowing that your family will be taken care of.
Our affordable monthly premiums ensure that in the case of your death or disability, or if you suffer from a critical illness, a tax-free lump sum will be paid out. This can be used to pay off your bond or other debts, living expenses, and ongoing medical care if needed.
We have four products, each with its own unique benefits, which you can choose from to suit your needs
Underwriting involves asking you questions about your health, and perhaps carrying out a blood test.
Very often, the results allow us to offer more affordable life cover, by matching your premium to your risk. The higher the level of underwriting, the more cover you get for the same monthly premium.
We have Life Cover products with different levels of underwriting so that you can choose the one that is best for you. No underwriting applies for the Progress Accident Plan.
