Sanlam Life Insurance

As a professional, your loved ones probably rely on you for financial stability. But what if you are no longer there? Life Insurance for Professionals will ease the burden of your death on your loved ones, enabling them to pay for your funeral and to cover their living expenses without financial strain.

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  • Life insurance can help your family cover the following costs:
    • Funeral costs
    • Costs associated with the administration of your estate if you have one
    • Repaying outstanding debt
    • Regular living expenses
  • Your beneficiaries will not pay tax on the proceeds of your life insurance
  • You can opt for the Final Expenses Benefit that will pay out within 48 hours so that your family can cover urgent costs, such as funeral costs and daily essentials
  • If you’re diagnosed with a terminal illness and your life expectancy is less than one year, you will receive an immediate tax-free one-off pay-out
  • We will only ask you for your health and lifestyle information once when you take out the insurance. You don’t have to tell us if you change your occupation, lifestyle activities or smoking habits – we’ll carry this risk.

How it Works

You make regular payments. Should you die, your nominated beneficiaries receive a tax-free one-off pay-out to the value of your cover.