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Protection Cover

Ensure that you can take care of your financial commitments, even if you are unable to work due to disability, impairment or illness.

  • Pays out a monthly income when you’re unable to work.
  • Supports your lifestyle and your family’s financial security.
  • Provides peace of mind that your financial expenses will be taken care of.

What is Income Protection Cover?

It provides an income if you’re unable to work due to disability, impairment or illness.

Most people plan and dream based on the assumption that they’ll continue to earn an income until they retire. But what if something happens to you and you’re unable to work? Income certainty determines your quality of life and your family’s financial security.

Without an income you would be left struggling to pay for your financial expenses like school fees or bond repayments. Income Protection Cover will give you peace of mind that your financial expenses will be taken care of.

How does Income Protection Cover work?

Offers protection when you're permanently or temporarily unable to work in your current occupation.

If a broken leg keeps you from work for three months, for example, you must still pay the bills and get the children to school. Income Protection Cover can help you to do that.

Our benefit cover will pay up to 100% of your income for up to 24 months, depending on the cover period you choose, or until you recover. If you’re permanently unable to work, we will pay up to 75% of your net income until you retire.

Want to know more?

Claims and payouts

When doesn't it pay out?

If the person insured is able to perform 76% or more of the main duties of his/her own occupation or does not meet the requirements of one of the defined claim events.
Who gets paid?

The benefit amount will be paid out to the policyholder.
How long does it take to pay out a claim?

We will pay as soon as the relevant proof that the event falls under one of the defined claim events, has been received.
Is my claim payment taxable?

No. This benefit is tax-free.


How do you work out my premium?

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.
What if I skip a payment?

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

Will the cover amount change over time?

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.
How long am I covered for?

The person insured can choose how long he/she wants to be covered for up to retirement age 55, 60, 65 or 70 years.
Can I increase or decrease my cover amount?

Yes, the cover amount can be changed through an alteration process.
What is the minimum and maximum cover amount I can get?

Monthly benefit amount:
Minimum: R2 000
Maximum: R110 000
Professionals: R150 000

Additional benefits

You can add these benefits to your Income Protection Cover.

Discuss the advantages of taking out any of our additional benefits with a certified financial planner.

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Income Enhancer Benefit

Provides 50% more cover, on top of your income disability pay-out, to cover unplanned lifestyle expenses during the initial period you are away from work after a serious illness, injury or disability.

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Complete Family Protector Benefit

Provides additional payouts if any of your immediate family members - spouse and children must stay in hospital for an extended period, are diagnosed with a critical illness or die; or if you are hospitalised for an extended period or die.

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Longevity Protector™ - Income Protector Benefit

By adding a Longevity Protector benefit to your Income Protector Benefit, you will be paid an additional 50% of the sum of all the monthly Income Protector Benefit pay-outs during the preceding five years for qualifying claims.

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Momentum Multiply rewards and discounts

Your benefits don’t just add up – they Multiply

As a Momentum Multiply member, you'll get cashbacks and save up to 60% on your Life Insurance monthly premiums.

Want a quote?

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

Need advice?

Discuss the benefits of having Life Insurance with a certified financial adviser.

Contact Momentum
Life Insurance

Client service and policy alterations

Business hours are Monday to Friday from 08:00 to 17:00. Closed on weekends and public holidays.


Business hours are Monday to Friday from 08:00 to 17:00. Closed on weekends and public holidays.

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