If you become permanently or temporarily disabled, your life changes completely. The right financial support can help you through the emotional impact on you and your loved ones.
Having income protection cover helps you maintain your lifestyle when you cannot work so that you and your family are financially protected.
- Provides financial support for lifestyle adjustments like rehabilitation or alterations to your home or car.
- Pays for ongoing costs like that of a private nurse or a frail care facility.
- You could save up to 35% on your monthly premium with a personalised LifeReturns® premium discount.
Want to know more?
Claims and payouts
Momentum will not pay a claim if the insured person is not permanently impaired and if they are not receiving, or are refusing, the medical treatment they could reasonably be expected to undergo according to current best practice medical protocols; and which could substantially improve or remove the condition being claimed for.
The benefit amount will be paid out to the policyholder.
We will pay out as soon as permanence is established.
No. This benefit is tax-free.
The premium depends on the person insured's age, gender, smoker status, and health as well as the premium pattern chosen at the outset of the policy.
If you skip a payment, the policy won’t lapse as long as we receive a payment within the 30 days grace period.
Cover term and amount
If the person insured chose an increasing cover amount during the application process, the cover amount will increase annually and so will the policy premium.
The person insured can choose how long he/she wants to be covered for up to retirement age 65 or 70 years.
Yes, the cover amount can be changed through an alteration process.
Minimum: R100 000
Maximum: R25 000 000