Guiding consumers since 2009

OUTsurance

OUTsurance

OUTsurance is a member of the Rand Merchant Insurance Holdings (RMI) Group and an approved financial services provider. In 2003, Business OUTsurance launched to cater for the unique business insurance needs of all types and sizes of businesses. OUTsurance entered the life insurance market in August 2008 by offering car insurance clients Credit Life cover on financed vehicles. The company expended into the life insurance market in August 2010, providing comprehensive death, disability and critical illness cover.

OUTsurance’s fully underwritten life insurance product provides you with comprehensive death, disability and critical illness cover, with a variety of options regarding inflationary increases to your cover and your premiums.

You can purchase up to R16 million in cover. You may be required to go for medical and or blood tests, however, this will be at no cost to yourself. Premiums are guaranteed for 5 years and increase on average at only 6% per year. If you've selected death cover, you'll receive 50% of the total insured amount (up to a maximum of R1 million) if you're diagnosed with a terminal illness with less than a year to live. You can choose the 100% OUTbonus benefit which will give you all of your paid premiums back in cash after 15 claim free years. By not electing this product option you can reduce your monthly premiums on average by one third.

For more information on OUTsurance, click here

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