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Longevity Protector

Today people are living longer. Life insurance covers you in the event of your death, but what about getting cover for outliving your retirement capital? You could become a burden on your loved ones when you run out of money. At Momentum we don't only cover you when you die, but also if you stay alive.

  • Protection against outliving your retirement.
  • Protection against the risk of living a long and expensive life without an income due to disability or critical illness.

What is Longevity Protector?

Be able to support yourself for longer - whether you're sick or healthy.

Medical advances have extended our life expectancy and, as a result, people are living longer. It's important that you have enough income to support yourself for longer.

A one-of-a-kind in the market, Longevity Protector Cover transfers the risk of you outliving your capital, whether you are critically ill, disabled, or simply living a long life. Longevity Protector Cover pays regular lump sum amounts as you reach various longevity milestones:

  • Staying alive five years after becoming critically ill or disabled and every five years thereafter, over the term of the benefits.
  • Reaching retirement, whether you have claimed or not (when combined with a qualifying retirement annuity).
  • Reaching age 80, if you stayed healthy and never claimed.

How does it work?

Simply add Longevity Protector Cover to your existing Momentum Income Protector, Disability and Critical illness benefits. Discuss the benefits of taking out Longevity Protector Cover with a certified financial planner.

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Longevity Protector™ - Critical Illness Benefit

Your cover will never run out, no matter how long you live. If you claim, in addition to the normal lump sum payment under your critical illness benefit, this benefit pays 10% of the critical illness benefit amount every five years for moderate to severe claim events. If you never claim, it will pay you 20% of the critical illness benefit at age 80, through the unique Longevity Enhancer.

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Longevity Protector™ - Disability Benefit

Pays 10% of the lump sum disability benefit pay-out every five years over the term of the benefit (typically to age 65 or 70 years). If you never claim, the unique Longevity Enhancer pays 20% of the disability benefit when you reach age 80.

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Longevity Protector™ - Income Protection 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 Life Insurance

Client services and policy alterations




Business hours are Monday to Friday from 08:00 to 19:00. Closed on weekends and public holidays.

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Business hours are Monday to Friday from 08:00 to 19:00. Closed on weekends and public holidays.

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