Bond Protection Insurance
- Joint Bond Insurance Cover Available
- No Medical Or HIV Tests Required
- Increase/Decrease Cover As Needed
- Benefits Paid Directly Into Home Loan
- Free Death Cover Pending Registration
Compare ♦ Insure ♦ Save ♦ South Africa
Bond Protection Insurance (also called a Bond Protection Plan or Home Loan Insurance) helps settle your outstanding home loan if you pass away, become permanently disabled, or are diagnosed with a serious illness. It ensures your loved ones keep their home without financial strain.
While both provide financial protection, Bond Protection Plans are specifically for paying off your home loan. Life insurance offers broader financial benefits and flexibility for your dependents.
Feature | Bond Protection Plan | Life Insurance |
---|---|---|
Covers Home Loan Only | Yes | No |
Fixed to Bond Amount | Yes | No |
Funds Go to Bank | Yes | No (to beneficiaries) |
Can Be Combined with Life Cover | Yes | Yes |
Your bond cover amount should match the outstanding balance of your home loan. This ensures the bond can be fully settled if you are no longer able to make repayments. Many home loan providers recommend or require this cover when granting a bond.
Whether you're taking out a new bond or want to secure your existing one, we make it easy to find the right cover for your needs and budget.
Get Bond Insurance Quotes Now By Completing The Form Above!
Get Bond Cover Quotes