Life Cover - 'Bond Assure'
Life cover is offered through the Financial Centre (Pty) Ltd. This credit life assurance product also known as 'Bond Assure' is highly competitive and flexible.
Features
- A maximum of R1, 5 million in life cover without medical evaluations and HIV tests.
- The insured amount, not just the capital balance outstanding, is paid in the event of death.
- Pre-existing medical conditions are only excluded for a 24-month period.
- Retrenchment and disability benefits are included as additional options.
- Up to three months free life cover during the bond registration process.
- Flexible premium payment options.
Benefits
- Simplicity: Mortgage Alliance business partners simply provide authorisation for the sale of the product to their clients and the rest is done on their behalf.
- Convenience: our call centre manages all client contact and commission reporting.
- Financial rewards: an upfront commission is paid on every successful application which is calculated based on the premium of the credit life policy.
Qualifying Criteria
- Available to all contracted members of Mortgage Alliance subject to predetermined minimum business levels and accuracy of data.