If you were to pass away today, how would your family maintain their lifestyle without your income? Anything can happen, but with life insurance you can give your family financial security for the unexpected.
A life insurance policy gives you the assurance that your family’s living expenses and education will not suffer, even if you’re no longer there to provide for them financially.
With Hippo.co.za, you can compare Life Insurance quotes to help you find the right Life Cover policy to suit your needs. Compare quotes and get covered today.
Statistics show that more than 30% of South Africans don’t have a Life Insurance policy. Have you considered how your loved ones would maintain or indeed improve their lifestyle should the worst happen, and you are not there to help pay for their education, living expenses and much more?
Hippo will help you find the right Life Insurance to suit your needs. See a range of Life Insurance companies in South Africa on our online results page.
Life Insurance can...
Worried about the impact of novel coronavirus on your life insurance? Here are the answers to some frequently asked questions:
Is COVID-19 covered in the event of death?
Most life insurers provide cover for the disease, as it causes illness and is considered a natural cause of death. It’s not included under Accidental Death cover, however.
Are there waiting periods applicable where Covid-19 is excluded?
No, generally not for life cover. For funeral cover, a standard waiting period applies for natural deaths.
Is COVID-19 testing required for life cover acceptance?
No, but if you have been tested for the virus or are planning to get tested, some insurers may defer cover until the results come out.
Find out everything you need to know about life insurance policies; how they work, if you need one and how to choose the right policy for your needs.
Allows you to take out a Life Insurance policy for your parents, if they are financially unable to do so themselves. You can add your parents to your existing policy at any time.
Life Insurance for Children is a type of Life Insurance that covers the life of a minor. The money put into this policy builds value over time and is paid out when a child unexpectedly passes away.
If you are over the age of 50 and have not yet purchased Life Insurance, a number of companies offer Life Insurance for pensioners that pays out a lump sum after you pass away.
Joint Life Insurance allows you and your partner to be covered by a single policy with the same terms and conditions. It will be paid out when one partner passes away.
This is a Life Insurance policy that covers you for your entire life, or until you reach the age of 95. You pay a fixed amount into the policy that will be paid out as a lump sum to your beneficiary/ies when you pass away.
Term Life Insurance offers cover to a person at a fixed rate for a temporary period of time. Once the selected time period is over the policyholder is no longer covered and must obtain further coverage if they wish to do so.