Life Cover
Life is unpredictable serious illness or death can happen when we least expect them. The costs associated with such unforeseen circumstances, or the sudden loss of income, can be devastating to a family. Consolidated Provider Plus from Regent offers you and your family peace of mind through affordable funeral cover, life cover and savings.
CONSOLIDATED PROVIDER PLUS PLAN
Product summary
Family Funeral Cover
Parents and Extended Family/Cover for Life
Waiver of Premium
Savings Units
Life Cover
Income Protection Cover for Accidents
Personal Accident Cover
Retrenchment Cover
Repatriation
Lawcall (legal advice)
Free benefits:
i) Cash back
ii) Unemployment and Pregnancy
Explanation of Benefits
Family Funeral Cover
Receive a cash payment to help meet the final expenses when a nominated family member dies. These expenses could include items such as funeral costs, the cost of a wake, medical costs or the cost of erecting a tombstone. This cover is for life, for as long as premiums are paid you can choose which family members to cover. Claims are paid within three working days once Regent Life has received all the necessary documentation and the death certificate. Children are covered until their twenty-first birthday.
Parents and Extended Family Funeral/Cover for Life
Choose to insure your parents or up to eight members of your extended family and rest assured that you will have cash to help pay for funeral costs, the cost of a wake, medical costs or the cost of erecting a tombstone. This cover is for life, for as long as premiums are paid. Claims are paid within three working days once Regent Life has received all the necessary documentation and the death certificate. Children are covered until their twenty-first birthday.
Waiver of Premium
Should the main life insured die, Regent will continue to pay premiums for a period of ten years. This cover is applicable to the following benefits:
i) Family Funeral/Cover for Life
ii) Parents and Extended Family/Cover for Life
Savings Units
Save for your retirement and receive a tax-free payout before you turn sixty five. The money which you place into the Savings Units will be invested in the Regent Wealth Provider Portfolio. Our experienced portfolio managers will determine the most suitable mix of investments to provide steady long-term growth
and income. Cash may be taken out once in the first five years and then the amount is limited by law to the amount paid in plus interest at 5% compound per year. After the fifth year, any amount up to the cash value may be taken out.
Life Cover
Choose life insurance cover from R30,000 to R150,000 and your beneficiaries will receive a lump sum payment in the event of your death.
Income Protection Cover for Accidents
Should you have an accident that prevents you from working, you will receive a monthly cash payout to help supplement your income for up to twelve months prior to attainment of age sixty five.
Personal Accident Cover
Should you have an accident that leads to the loss of your limbs, you will receive a cash payout to help meet the expenses of recovery and rehabilitation. Should the accident result in you becoming permanently disabled, an amount is also payable to help replace your income.
Retrenchment Cover
If you are retrenched before the age of sixty five, you will receive a monthly payment for a maximum of six months.
Repatriation
If death occurs more than 100 kilometres from where the burial will take place (within South Africa), all costs related to transporting the mortal remains are covered. Also covered is the arrangement of a funeral or cremation if death occurs outside the normal place of residence; as well as the transferring of ashes to the normal place of residence after cremation within South Africa. The repatriation benefit also provides a help-line service to give you access to advice on funeral or cremation arrangements.
Lawcall
Lawcall provides a share call help-line service giving you access to legal practitioners twenty four hours a day, three hundred and sixty five days a year. You will receive assistance with any legal or tax problem, with services including advice by telephone, standard legal documentation, rape counselling and family
guidance counselling.
Free benefits
i) Cash Back
This benefit is automatically included in your policy at no extra cost. Every five years, a cash payout is made to you if the policy is active, and has no arrears.
ii) Unemployment and Pregnancy
This special benefit is automatically included in your policy. Should you become pregnant and go on unpaid maternity leave or be retrenched twelve months or more after taken out a policy, your policy premiums will be paid for up to six months. Certain exclusions apply. Full terms and conditions are contained in the policy wording.
Please fill out the from below if you have any interest or queries about this product. The companies require original applications to be completed and submitted with them. Profcon will contact you to answer any questions you might have and arrange an appointment for an advisor to come see you.
cforms contact form by delicious:days