Sanlam Life Insurance is a comprehensive coverage plan designed to offer financial protection to your loved ones in case of your death. It ensures that your beneficiaries are not burdened by financial strain during an already difficult time. With Sanlam, you can choose from various life insurance products that suit your individual or family needs, all starting from as little as R100 per month.
Key Features of Sanlam Life Insurance
- Up to R10 Million Cover
Sanlam offers coverage of up to R10 million, ensuring that your loved ones are taken care of. Whether you need to cover debts, mortgages, or provide financial security for your family, this substantial cover ensures they remain financially stable. - Affordable Premiums
With premiums starting from just R100 per month, Sanlam Life Insurance is accessible for individuals across different income brackets. This affordability, paired with comprehensive coverage, makes Sanlam a top choice for life insurance. - Free Wealth Bonus
A unique feature of Sanlam Life Insurance is the free Wealth Bonus, which allows you to earn rewards based on your contributions. It’s a great way to build wealth while ensuring your family’s financial security. - Funeral Cover Option
Alongside life insurance, Sanlam also provides funeral cover from R100 per month. This ensures that you can cover funeral expenses for yourself or your family, reducing the financial burden during difficult times.
Why Choose Sanlam Life Insurance?
- Trusted Brand
Sanlam has been a trusted name in South Africa for over a century, providing financial services with a strong reputation for customer service and reliability. - Comprehensive Coverage
From life insurance to funeral cover, retirement annuities, and even tax-free savings accounts, Sanlam offers a holistic approach to financial security, making it easier for you to manage your wealth in one place. - Flexible Plans
Sanlam’s life insurance policies are designed to fit your budget and your needs. You can select the coverage amount, adjust your premiums, and choose additional benefits like funeral cover and a cancer benefit. - Group Life Insurance for Employees
For businesses, Sanlam also offers group life insurance, providing financial security for employees’ families in the event of an unforeseen tragedy. This is a valuable perk that can enhance employee retention and satisfaction.
Additional Sanlam Products for Financial Security
- Retirement Annuity
From R250 per month, Sanlam’s retirement annuity offers an extra 10% bonus, helping you plan for a comfortable future. - Tax-Free Savings
Invest between R250 to R3,000 per month or opt for a one-off contribution of R10,000 to R36,000. These tax-free savings accounts allow you to grow your money without worrying about tax deductions. - Cancer Benefit
For as little as R100 per month, Sanlam offers a cancer benefit policy, providing you with financial support if diagnosed with cancer. - Estate Administration
Sanlam simplifies the process of estate administration, allowing you to report and conclude a deceased estate online. This service ensures that your estate is handled with care and expertise.