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Home Loan Insurance

Enables homeowners to maintain monthly bond repayments in the event of illness, disability + death. From only R80 a month.

 

How Much Life Cover?

Not having enough life cover is just as dangerous as having no life insurance at all but how much do you actually need?

     

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Category: South Africa / Insurance / Short Term Insurance / Insurance Terms

 

A B C D E F G H I K L M N O P Q R S T U V W

 
Fire   the accidental or fortuitous ignition of something that should not be on fire.
First Amount Payable   the amount payable by an insured in the event of a claim
First Loss Policy   an insurance policy where the insurer pays all losses up to a given limit.
Fleet Insurance   a motor policy covering a group of vehicles with the premiums calculated on an experience basis.
Franchise   the amount of a loss at or below which no claim is payable by the insurer. Above that amount, the loss will be met in full.
Fund   the common pool into which premiums for each class of insurance are paid and from which the losses are met.

 

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