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Group Risk Benefits

To assist employers in protecting their employees, Sanlam offers group risk products – designed to insure employees and protect their families in the event of long-term illness or death while working. Along with retirement savings, group risk benefits such as life insurance, group accident insurance, disability income protection, and group critical illness form the backbone of staff benefit packages.

Sanlam has become known for providing cutting-edge risk solutions, as well as flexibility in customising cover to suit the unique needs of your employees.

New and Improved Benefits

Universal Education Protector

Providing employees with greater peace of mind, the Universal Education Protector (UEP) insurance assists with the education expenses the employee was responsible for at their death, and would have become responsible for in the future, for their surviving children.

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Disability Tax-modified Scale

An Income Disability insurance: Tax-modified scale ensures claimants’ tax-free disability income benefit do not exceed their after tax income immediately before disability.

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Severe Illness

Severe Illness insurance, covering a wide range of claim events through tiered benefit payments, allows employees to put measures in place to deal with the financial setbacks that results from suffering a severe illness.

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Life Insurance

When an employee dies, the spouse and dependents are often left without income. Life insurance provides a benefit on an employee’s death before retirement.


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Disability Insurance

Group disability insurance products assist employees if illness or injury prevents them from working, forces them to take a lower paid position (i.e. long-term disablement).


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Wealth Bonus Lifestyle for Sanlam Corporate

As a member of the Sanlam Umbrella Funds or a life or disability insurance policy (except funeral insurance policies) underwritten by Sanlam Group Risk, you have access to Wealth Bonus Lifestyle benefits.


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