Get up to R10 million life cover from SA’s #1
Be the 1 who creates lasting generational wealth for your family and secures their financial future uma ungasekho.
Funeral insurance covers immediate expenses, like the cost of a respectable send-off, and gives your family support during a difficult time. Life cover, however, will take care of your loved ones after the funeral. It not only provides for your family when you pass, it is also your tool to break the cycle and turn generational debt into generational wealth.
Your life cover policy pay-out will provide for your family’s living expenses, pay off your debt and give your children the best possible education. It is everything you ever wanted for those that mean the most to you, in 1 affordable policy.
You know your family will be taken care of with up to R10 million life cover. You can get cover online or with just 1 simple call, immediate underwriting and no paperwork!
You are covered from day 1. Your policy has no waiting periods and you are covered immediately for natural and accidental death.
Get hassle free and convenient cover with no medical exams required just a simple HIV saliva swab that you can take at a Clicks or Dischem pharmacy near you.
Isn’t it good to know that with 1Life Insurance life cover policies, you can bank on no premium increases, guaranteed, for the first 12 months of your policy.
We’ve made it quick and easy to work out how much cover your family needs with our life cover calculator.
Tracey’s family rely on her income for financial support. Her life insurance pay-out will look after her parents as well as her sisters and her niblings.
Dube is proud to be able to care for his partner and her kids with a life cover pay-out should anything happen to him.
Thembi has funeral cover for her husband and 3 kids plus a life cover policy to replace her income if she passes.
We work every day to change our policyholder's lives.
We look after our policyholders with affordable and convenient cover packed with great benefits.
Manage your policy conveniently and quickly using our online policyholder portal and WhatsApp service centre.
Take charge of your financial future with free short courses and services from Truth About Money OR
Increase your sum assured on every third policy anniversary without any medical underwriting, except for an HIV test. (T&Cs apply)
If you become terminally ill, and your life expectancy is less than 12 months, your entire cover amount will be paid out.
A life insurance policy is there to make sure that a family has financial protection when the breadwinner passes away. When you take out a life cover policy, you pay a premium every month and, in the event of the life assured’s death, 1Life pays your beneficiaries, for example your family or other dependants, a lump sum.
Your family can use your life insurance pay-out to survive the loss of your income and provide them with the financial protection they need to live the life you’ve always planned for them. A lump sum pay-out can be used to cover daily living expenses, medical bills and school fees, or to pay off debts, like your house or cars. Your family can also use your pay-out to start building generational wealth by saving and investing for their future and their children’s future.
Generational wealth is family assets like money or property that is passed from one generation to the next. Each generation not only benefits from generational wealth but also grows it and passes it on to the next generation. This blog explains generational wealth in more detail and discusses why it is so important, not only for you, your children and theirs, but for the whole country.
Defining generational wealth is easy, building it requires planning and dedication! You should focus on saving and investing wisely, paying off the bond on a home that you can leave to your children, starting a side hustle to generate extra income for future generations and of course ensuring that you have sufficient life cover. Follow the link for more advice on the best way to build generational wealth.
The amount of life insurance cover you need depends on your individual circumstances - your life stage, your income, the future needs of your dependants, and of course affordability. Use this life insurance calculator to work out how much cover you need or how much cover you qualify for.
Your premium is based on your specific risk profile (each client is different) and this will have an impact on how much you will pay. The factors that will affect your risk profile are:
Yes there are certain waiting periods that apply. From the start of your policy, you are covered for accidental death. The waiting period for natural death claims are covered in the policy schedule that you receive once you take out life insurance with 1Life. There is also a two-year waiting period for suicide.
Cover may be increased to the maximum amount that you qualify for at any time once the policy has been issued. Further medical underwriting and an HIV test may be required. Your premium will be adjusted according to the new sum requested and the additional cover will start on receipt of the new premium.
On pure life cover, the amount of life cover may be increased by 25% of the original insured amount, up to a maximum of 2 times (double) the amount originally insured or up to the 1Life maximum insurable amount at the time – whichever is the lower. This is without the need for any further medical underwriting, other than providing a new negative HIV test for the life assured.
This benefit option may only be exercised every 3 (three) years on the anniversary date of the policy or after a significant event has occurred as described below:
Failing to pay a premium may mean that you will not be covered for the specific month. It is important to contact your life insurer to make alternative arrangements. The policy may lapse if more than one premium is not paid.
If you need to lodge a claim with 1Life, the following procedure would need to be followed:
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