Life is unpredictable. No matter your age or how healthy you are, good health and a long life is never guaranteed. If you are responsible for your family's financial wellbeing, who will provide for them if you are no longer there? Life Insurance for Graduates can help your family pay for your funeral and their everyday living expenses at a time when they need it most.
You make regular payments until you pass away. When you pass away, your nominated beneficiaries receive a tax-free one-off pay-out to the value of your cover.
The cost of the insurance will depend, amongst other things, on your age and your risk profile (how risky your lifestyle is, for example, whether you smoke or whether you participate in risky sports) when you take out the plan.
Get comprehensive Life and Disability Insurance online in a few minutes with Sanlam Now Cover. Whether you want to get a quick quote or do a full needs analysis, we’ll guide you every step of the way.