Guiding consumers since 2009

Great Life Cover Deals!

By Staff Writer

Liberty Life and Momentum are offering special life insurance deals, with minimum or no medical underwriting, depending on your status.

Some of the deals are for existing life insurance customers - giving you the opportunity to double your cover, often without further medical checks - whilst some deals are for people who don't currently have cover.

Click here and an e-mail will open up - simply send the following details to the e-mail address provided and a consultant will contact you.

  • your name
  • age
  • marital status
  • telephone contact details

Alternatively e-mail insurance@justmoney.co.za with the above details and put Life Insurance Offer in the subject line.

For more information about the two deals, see below.

Liberty Life's Special Life Cover Offer

Option One - Do you have a current life cover policy in place granted at standard rates with no exclusions that is not older than 3 years old? If yes, you can qualify for the additional benefits with Liberty Life based on limited medical underwriting

Option Two - If you do not have any current life cover in place or have a policy in place but it is older than 3 years, you may qualify for life cover benefits with Liberty Life based on limited medical underwriting

Each case requires a fully completed Liberty Lifestyle Protector application form and a health declaration, which will be underwritten before the cover is granted without medicals being called for. This offer ends on the 12/12/2008.


Momentum Life Cover Special Offer

Standard Lives - Option One

Qualifying clients, who have taken out a life insurance policy since 1st October 2005, may purchase additional cover of up to R10 million with Momentum with no medical underwriting on a like for like basis benefit basis.

Qualifying Criteria

  • Maximum entry age is 56 next birthday
  • Insured lives must have been fully underwritten and accepted at normal rates, with no exclusions or limitations
  • The underwriting concession is open from 06-10-2008 to the 30-01-2009.
  • The amount of cover the insured life may take out is twice that taken on the relevant benefit of the qualifying policy
  • Only single life policies are eligible for the underwriting concession

Health Loaded Contracts  - Option Two

Qualifying clients can double their cover on a like for like basis up to a maximum of R5 million on the same terms that were previously offered. These clients are those who have taken out a risk policy since 1st October 2006 and have been accepted with a mortality loading up up to 75% on basic life cover and a loading of up to 100% on other benefits.

  • Maximum entry age is 56 next birthday
  • Insured lives must have been fully underwritten and accepted with a mortality loading of up to 75% on basic life cover and a loading of 100% on other benefits
  • The cover must have been granted without any exclusions or limitations
  • The qualifying policy must contain at least one benefit with a sum assured of R500 000 or more
  • There must have been no change in the insured life's health since underwriting.

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