PIB INSURANCE BROKERS

A rina pholisi ya u vhonisa tsho laho Mufu, ri na pholisi ya u mu vhulunga.

ABOUT PIB


Since it’s inception in 1990 Professional Insurance Brokers, popularly known as PIB, established itself a leader in the funeral insurance industry. PIB prides itself for exceptional service at the time of claim, and providing policies at rates that everyone can afford.

PIB is better known for its motto which says: A rina pholisi ya u vhonisa tsho laho Mufu, ri na pholisi ya u mu vhulunga. Loosely translated into English as “We do not have a policy which shows how the deceased met their death, but have a policy to see that they are buried when they die.”

 
PIB PRODUCTS

PIB CASH PLAN

This product provides comfort and peace of mind by paying a cash benefit, upon your death, to your loved ones, which can be used however they like.

We settle claims within 12 hours, provided that all valid documents have been submitted. In addition, we assure peace of mind to bereaved families by offering dignified and quality burial services to our members.

PIB is an authorised Financial Services Provider: FSP 433

Not sure what option will work best for you and your family? Complete the callback form on this page and one of our friendly agents will get in touch with you.

HAVE A QUESTION FOR US? GET IN TOUCH!

PIB Insurance Contact Form

Life is better with affordable cover

Honor your loved ones with pride by purchasing one of our funeral cash plans, starting from only R32,00 per month.

Get cover now

CONTRIBUTIONS & BENEFITS


 BRONZESILVERGOLDPLATINUMDIAMONDTITANIUM
Family premium per monthR32.00R40.00R65.00R85.00R120.00R150.00
Principal MemberR10 000R15 000R 20 000R 30 000R 40 000R 50 000
SpouseR10 000R 15 000R 20 000R 30 000R 40 000R 50 000
Children 14 - 21 yearsR 10 000R 15 000R 15 000R 15 000R 20 000R 40 000
Children 6 - 13 yearsR 2500R 5000R 5000R 5000R 10 000R 20 000
Children 0 - 5 yearsR 1500R1500R 1500R 2000R 5000R 7500
Stillborn (from 6 months)R 1500R1500R 1500R 2000R 5000 R 4500

EXTENDED FAMILIES, PARENTS & PARENTS-IN-LAW COVER


BELOW 75 YEARS OLDPREMIUMCOVER/BENEFIT75 - 85 YEARS OLD PREMIUMCOVER/BENEFIT
R35.00R 5000R102.00R 5000
R114.00R 10 000R140.00R 10 000
R150.00R 15 000R200.00R 15 000
R190.00R 20 000R260.00R 20 000

TERMS & CONDITIONS


NOTE:

  • The full package is only applicable to the Principal Member, Spouse, extended Family members & Children from the age of 14 to 21 as well as on the Member Only Package.
  • Children Under the Age of 14 DO NOT QUALIFY FOR THE FULL PACKAGE.
  • More benefit can be purchased at additional costs.

SPECIAL CONDITIONS:

  1. No Packages will be paid out in cash. MTG funerals Offer ONLY Service Packages. (MTG will pay 60% of the total package, if for any reason MTG cannot conduct your funeral.)
  2. There is a waiting period of 6 (six) months on all covers below R 15 000 and 9 (Nine) months on all covers above R15 000. The waiting period for ages between 75 – 85 years 9 (nine) months.
  3. Maximum joining age of all principal members is 65 years.
  4. Maximum joining age for extended family is 85 years.
  5. There is no waiver allowed on premiums for any of these schemes.
  6. Premiums must always be paid before the 7th of each month.
  7. If premiums are not received for 2 (two) consecutive months, the policy will lapse on the 7th of the second month. Reinstated policies will carry the original waiting period of the policy.
  8. No Claim will be paid for Suicidal Death before 2 (two) years of policy being in force.
  9. Only one spouse per principal member is allowed.
  10. Claims must be notified within 6 months after death.
  11. There is no surrender, loan nor policy, can be ceded into a bank for loans.

NEED A BURIAL PLAN INSTEAD?

Take a look at the MTG Burial Plan instead with premiums starting from only R60.00 per month.