Outsurance Life Cover

OUTsurance Life Offers The Following:

OUTsurance provides the following underwritten product that provides death, disability, and critical illness cover. Cover to suit your budget and provide for your family in case of death or disability.

OUTsurance Life cover is different they offer you all your premiums back if you do not claim.

OUTsurance Death Cover

The Benefits When You Choose OUTsurance Death Cover?

  • Your premium will be guaranteed for the first five years.
  • If you do not claim for 15 consecutive years, you will receive the premiums you paid back in cash.
  • That’s if you have chosen the Cash Back option.
  • Your premium is based on your specific risk profile. The lower the risk the less your premium.

More about death cover

  • Anyone between the ages of 18 and 65 can apply for death cover.
  • You can apply for a specific time period that works best for you (e.g. anything from 5 years up to 25 years or if you choose – until you pass away).
  • We tailor payments to your budget to accommodate your specific circumstances.
  • For example, you can choose to keep your premium fixed or you can ask to increase your premium on an annual basis.
  • If you’re diagnosed with a terminal illness with less than a year to live, OUTsurance Life will payout 50% of the total insured amount (maximum limit of R1 million applies).

Death cover products:

Comprehensive death cover:
This option provides you with comprehensive cover if you should die as a result of any event during the period of cover.
You automatically qualify for the terminal illness benefit, where 50% of the Sum OUTsured is paid out to you when you are diagnosed with a terminal illness and have less than 12 months to live. The balance will be paid out in the event of death.

Accidental death cover:
Accidental death cover provides you with a more affordable (but more limited) alternative to a comprehensive death cover. We’ll pay out the Sum OUTsured only when you die as a result of an accident resulting from bodily injury caused by external, violent, or accidental means.

Apply for a combination of death, critical illness, and disability cover options:
You can select a combination of the death, disability, and critical illness cover options that’ll work best for your unique circumstances. Give us a call on 08 600 60 000 – we’d love to assist. Click here to Start A Quote.

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