Site url: https://www.momentum.co.za/momentum/campaigns/general/covid-19-message-to-our-clients-and-community/life-insurance
Pagecontext: org.apache.jasper.runtime.PageContextImpl@d34528a3
NameValue
breadcrumb.start.level4
param.sharing.scope.{http://www.ibm.com/xmlns/prod/datatype/content}ibm.portal.sharing.scope.page
param.sharing.scope.{http://www.ibm.com/xmlns/prod/datatype/content/resource-collections}ibm.portal.sharing.scope.page
param.sharing.scope.{http://www.ibm.com/xmlns/prod/websphere/portal/v8.0/portal-contextual-portal}ibm.portal.sharing.scope.page
wcm.template.oidZ6_48GC1K80O0FH90QS83FHN530K6
param.sharing.scope.{http://www.ibm.com/xmlns/prod/websphere/portal/publicparams}path-infoibm.portal.sharing.scope.page
breadcrumb.enabledtrue
param.template.pageZ6_48GC1K80O0FH90QS83FHN530K6
param.sharing.scope.{http://www.ibm.com/xmlns/prod/websphere/portal/v7.0/portal-contextual-portal}ibm.portal.sharing.scope.page
hide.from.menutrue
dynamic.sitemapfalse
param.sharing.scope.{http://ibm.connections.com/portlet}ibm.portal.sharing.scope.page
label.namepersonal
sitecontext:personal
ibm.template.oidZ6_48GC1K80O0FH90QS83FHN530K6
menu

Little girl in the sunshine on a tyre swing in the park, with boats on the sea in the background.
LIFE INSURANCE

We’re here to assure you that your life is covered

  • There’s no exclusions on any of our Myriad Life Insurance benefits (life, critical illness and disability cover) with regard to COVID-19. Your cover remains intact, regardless of where you’ve travelled or intend to travel. We will continue paying all valid claims.
  • Income Protection Cover - In an effort to contain the spread of the virus, current practice will be that confirmed cases of COVID-19 infection will be treated as a defined event for a 10-day guaranteed payout. This is applicable to clients who selected a 7-day waiting period. If clients are medically booked off for a longer period, they will qualify for additional pay outs. The automatic 10-day pay-out is a one-time concession and is a temporary measure that can be reviewed at any time. It should not be viewed as a permanent change to the contractual terms and conditions.
  • Critical Illness Cover - Contracting COVID-19 is not a defined critical illness event but, should it result in a critical illness, it will be assessed under the normal critical illness claims criteria.
  • Disability Cover - Contracting COVID-19 is not a defined disability event, but should it result in a disability, it will be assessed under the normal disability claims criteria.
  • Life Cover - If a client dies as a result of COVID-19, the death claim will be paid.
  • Premium pause option 2 (PPO 2) - Some businesses are still prohibited from resuming activities. For clients in these industries, Myriad is offering them the option to temporarily pause their life insurance premiums and life insurance cover for 3 consecutive months until 31 August 2020; while maintaining guaranteed insurability until their premiums are automatically resumed.
  • For more information on how to apply, view our information leaflet and frequently asked questions.

To remain covered and protected, we’re encouraging our clients to maintain their life insurance payments, and to seek the advice of their financial adviser before not paying or canceling their life insurance.


Client service and
policy alterations


0860 665 432

Claims



0860 441 111


Want a Life Insurance quote?

You'll get a quote reflecting your premium amount at the end
of the process.

What our
policyholders and
investors need to know

Momentum Metropolitan

Partnering with government during
the Coronavirus pandemic.

Healthcare

We’re here to assure you that you’ll
get the medical treatment you need.

Momentum Short-term
Insurance

We’re here to assure you that we not
only cover your possessions, but your
personal safety too.

Investments and Savings

We’re here to assure you that our
financial experts are taking care of
your investments.

Momentum Financial Advice

We’re here to assure you that your
financial goals and ambitions are never put on hold.

Momentum Corporate

We’re here to assure you that when
times change, your cover won’t.

Momentum Multiply

We’re here to assure you that your
rewards will keep coming – no matter what.

We use cookies to provide the best experience. View our Cookie Policy.

Internet Explorer is out of date. Update your browser to ensure our website functions correctly.

Your browser's cookies are disabled. Enable cookies to ensure our website functions correctly. View our Cookie Policy.