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Vital Risk Cover

Make sure that you and your loved ones are covered against unforseen circumstances.

Vital Risk Cover is a risk product designed to provide you with meaningful levels of life, disability and critical illness cover with reasonable underwriting requirements.

Key Features

  1. It is available in terms of five, 10 or 15 years and the main policy pays out the full sum assured on the death of the life assured
  2. The minimum entry age is 18; the maximum entry age is 60; cover ceases at age 65
  3. Cover is available from a minimum of TSH 50 million up to TSH 1.2 billion; cover amounts over TSH 1.2 billion are also available on request
  4. Vital Risk Cover is available in Tanzanian Shillings (TSH) OR United Sates Dollars (USD)
  5. Vital Risk Cover may be used as surety
  6. There is no waiting period for Vital Risk Cover
  7. Vital Risk Cover offers key person insurance

Rider Benefits

In addition to the life cover, two rider benefits are available: Total and Permanent Disability (TPD) cover and Critical Illness (CI) cover.

The TPD and CI cover are not available as stand-alone benefits and must be purchased as riders to the main death cover. The TPD and CI cover must be equal to the main policy cover.

  • Total and Permanent Disability (TPD) cover: This benefit pays out the full sum assured in the event that the policyholder is declared to be totally and permanently disabled. The definition of occupation for this benefit is own or similar.
  • Critical Illness (CI) cover. This benefit pays out the full sum assured in the event that the policyholder is diagnosed with critical illness.
    The critical illnesses covered are:

    • Cancer
    • Renal/kidney failure
    • Stroke
    • Heart attack
    • Blindness
    • Paraplegia
    • Coronary artery surgery
    • Major organ transplant (undergoing as a recipient – transplant of the heart, kidney, liver, lung, pancreas or bone marrow)

Underwriting Requirements

The policy has been designed to provide reasonable levels of cover with blood-test-only underwriting. Should higher levels (greater than Tshs 1.2 billion) of cover be required, more comprehensive underwriting will be required. The full underwriting requirements are available from your intermediary or Sanlam Life Insurance.

The cover will only commence once the underwriting process has been completed and Sanlam Life Insurance's underwriters have approved the results. Should the results of the underwriting be unsatisfactory, the cover will either be declined or the rates will be loaded. The cost of the underwriting will be borne by Sanlam Life Insurance.


Premiums are payable monthly for the duration of the policy and vary by age, sum assured and term. Premium quotations are available from your financial planner or Sanlam Life Insurance.

Key Person Insurance

Vital Risk Cover can be used by companies or partnerships to protect them against financial loss due to the loss of an individual who is key to its success, where such loss occurs due to death or incapacity.


Vital Risk Cover may be used as surety for loans or similar from financial institutions. The owner of the policy needs to complete the necessary cession application in line with the requirements of Sanlam Life Insurance and the relevant financial institutions.

Policy Ownership

The life assured does not necessarily need to be the owner of the policy. This means that individuals are able to provide life cover for their loved ones. All that is required is that Sanlam Life Insurance’s underwriters are satisfied that the applicant and the life assured meet the insurable interest requirements.

Download Forms

Vital Risk Cover Application Form
Vital Risk Cover Claim Form
Sanlam Life Insurance is a licensed financial service provider.
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