Sanlam Futura Option Investment Menu
Members on the Sanlam Futura Option do not have investment choice as they are invested in SIM Enhanched Tracker Balanced Fund.
Standard Option Investment Menu
Members on the Standard Option do not have an investment choice as they are invested in either the Lifestage Programme or the Volatility Protection Strategy.
Comprehensive Option Investment Menu
Members on the Comprehensive Option have the following choices:
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To remain invested in the default investment strategy (i.e. either the Lifestage Programme or the Volatility Protection Strategy) as selected by their participating employer.
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To make application to instead invest in the default investment strategy (i.e. either the Lifestage Programme or the Volatility Protection Strategy) that was not selected as the default strategy by their participating employer.
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To make application to instead allocate their investments between a trustee-approved range of 15 institutionally-priced investment portfolios covering the full risk-return spectrum.
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To make application to instead allocate all or some of their investments to a very extensive range of more than 700 retail unit trust portfolios available on Sanlam’s Glacier investment administration platform subject to satisfying the minimum product criteria of Glacier.
|
Sanlam Futura Option |
Standard option |
Comprehensive option |
|
Death benefits: |
|
|
|
|
Conventional group life insurance |
Y |
Y |
Y |
|
Reinforced group life insurance |
N |
Y |
Y |
|
Flexible insured benefits |
N |
N |
Y |
|
Capital disability benefits |
Y |
Y |
Y |
|
Disability income benefits |
N |
Y |
Y |
|
Accident benefits |
N |
Y |
Y |
|
Family funeral benefit |
Y |
Y |
Y |
|
Burial repatriation benefit |
Y |
Y |
Y |
|
Trauma benefits |
N |
Y |
Y |
|
Spouse’s life cover |
N |
N |
Y |
|
Cover during disability |
N |
Y |
Y |
Insured benefits
Conversion options |
N |
Y |
Y |
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