My 1Life Pure Life Cover policy

What types of deaths are covered by 1Life Pure Life Cover?

A life insurance policy from 1Life covers you for accidental death, death due to natural causes.

Are there any waiting periods that apply to life cover?

No, however suicide is excluded for 24 months from commencement/reinstatement of cover.

Does my life insurance policy have cash value?

No, your 1Life life insurance policy does not have a cash value or any amount you can borrow against.

Can I increase my life cover or include extra benefits at another time?

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.

Guaranteed Assurability benefit

On 1Life 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. Ts&Cs applicable.

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:

• The marriage of the life assured
• A child being born to or legally adopted by the life assured
• The life assured's purchase of a home
• The life assured entering into a business or taking an increased interest in an existing business

Does my sum assured increase when my premium increases by 5% annually?

When you take out your 1Life Pure Life Cover policy you can choose between two different types of sum assured increases:

Inflation aligned

Your sum assured will increase in line with the last 6 months' inflation rate and your premium will increase in line with the last 6 months' inflation rate plus 3%. After two years there will be ongoing reviews of your premiums, and these may need to be adjusted. The premium for any additional cover taken out will be increased pro rata after 1 year, in line with your initial commencement date.

Fixed sum assured

On the anniversary of your policy, and annually thereafter, your premium will increase by a compulsory 5%. After two years there will be ongoing reviews of your premiums, and these may need to be adjusted. The premium for any additional cover taken out will be increased pro rata after 1 year, in line with your initial commencement date.

What happens to my life insurance if I move to another country?

1Life requires that you inform us if you intend on leaving the country, whether for business, pleasure or permanently, before you leave to determine if we are able to continue cover. If you fail to notify us and a claim arises, 1Life may reduce or decline a claim.

What happens to my policy or benefits if my health or lifestyle circumstances change?

If any of your habits change, for example you start smoking, you change your nominated occupation, or even take up a hazardous pursuit such as skydiving, you should inform 1Life of such change. You also need to notify your insurer of any change in health that occurs before your policy or cover starts. Failure to inform us of these changes could result in your claim being declined or a lesser amount being paid out at claims stage.

What happens if I can't afford my premium anymore?

Failing to pay a premium may mean that you will not be covered for the specific month. Failing to pay two consecutive premiums will lead to a suspension of your cover. It is important to contact your insurer to make alternative arrangements. The policy may lapse if more than one premium is not paid.

Can I insure my family's lives under my life policy?

1Life provides individual life insurance, which means that you take out cover to insure your own life, in order to provide financial protection for your loved ones in the event of your death.

You can however get your family members covered by 1Life Insurance through separate policies, and pay the premium from the same bank account.

If I become terminally ill, can I claim this benefit while I am still alive?

If you become terminally ill, and your life expectancy is less than 12 months as confirmed by the 1Life Chief Medical Officer, your entire cover amount will be paid out, and the policy will cease.

How do 1Life policyholders use the ForKeeps app to keep their memory alive?

What is more precious than the memories and moments we create with family and friends? Download the ForKeeps app and create a Digital Forever Album that celebrates all of your life’s greatest occasions, from the birth of a child to your 50th wedding anniversary. Create a gift your loved ones will treasure and keep your memory alive for years to come!

You can also use the app to record a voice or video message for your loved ones and decide when you would like it delivered to them.

Download ForKeeps to start creating your legacy!