Guiding consumers since 2009

FNB’s launches new app benefits

By Angelique Ruzicka

FNB customers can apply for life, disability and critical illness cover for up to R10 million each and R5 million respectively through the FNB banking app and online banking.

By logging onto your profile, choosing the insurance option, answering medical questions and accepting the quote, you are able to take up cover within a few minutes. Some customers may be selected to go for a free medical assessment before the policy starts. 

“It has never been easier and more convenient for consumers to take up life insurance,” said Lee Bromfield, CEO of FNB Life. “Our new digital offering is a game changer for the life insurance industry in South Africa.”

The life cover offering has also been integrated into the bank’s rewards programme giving customers the ability to earn up to 15% of their monthly premiums back through eBucks.

Life policy holders will also be able to review and update their cover digitally without the intervention of service consultants.

Augmented reality

The life and disability policy additions come just after FNB introduced augmented reality and FNB TV on the FNB Banking App. Customers can make use of augmented reality through their eBucks Partner locator on the FNB App to help them find nearby eBucks retail partners.

Meanwhile, FNB TV was created to help customers navigate banking easily with ‘how to’ video clips.

“Augmented reality overlays retail partners onto your phone screen, indicating the distance to the retailer, eBucks spend and earn options, opening times and contact details. This will evolve over time to become even more interactive to supplement your physical world with how FNB can save you rands and make life easier to manage,” said Sahil Mungar of FNB digital banking.

 Handy tip: To get a competitive quote on life insurance, apply through Justmoney here: http://www.justmoney.co.za/insurance/.

Recent Articles

Featured How to identify an investment scam

Many people invest a lot of money for their future and that of their offspring. Unfortunately, some of them never reap the benefits because the investments were scams. Luckily, there are ways you can find out if an investment opportunity is too good to be true.

Financial conflict can lead to divorce – here’s how to prevent it

Talking about money is an intimate matter, and it may be uncomfortable for couples who’ve managed to avoid this discussion. However, it will become necessary at some point or other. Do you think you’re ready to talk to your partner about money?

This is how much you should spend on accommodation

As your salary changes over time, your expenses will change too. But what if you’re spending an exceedingly large percentage of your income on accommodation? Is it feasible or even recommended in our current stressful financial climate?

How to be “future greedy” with passive income

Setting up numerous streams of income is a safe way to protect yourself from the loss of your main stream of income. Better yet, setting up passive streams of income will ensure you always have money coming in, without costing you additional working hours. So, what is “passive income”, and how can you earn this?

Deals

Get 50% off your friend’s treatment at Mangwanani Spa

Price: from R250
When: Until 30 August
Where: KZN and JHB

Telkom LTE lockdown Deal

Price: R369 per month
When: Until 31 August 2020
Where: Nationwide

Save up to 20% on your car insurance with MiWay

Price: Available on request
When: Daily
Where: Nationwide


Latest Guide

Guide to debt rehabilitation solutions