PIB INSURANCE BROKERS
A rina pholisi ya u vhonisa tsho laho Mufu, ri na pholisi ya u mu vhulunga.
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CONTRIBUTIONS & BENEFITS
|Family premium per month||R32.00||R40.00||R65.00||R85.00||R120.00||R150.00|
|Principal Member||R10 000||R15 000||R 20 000||R 30 000||R 40 000||R 50 000|
|Spouse||R10 000||R 15 000||R 20 000||R 30 000||R 40 000||R 50 000|
|Children 14 - 21 years||R 10 000||R 15 000||R 15 000||R 15 000||R 20 000||R 40 000|
|Children 6 - 13 years||R 2500||R 5000||R 5000||R 5000||R 10 000||R 20 000|
|Children 0 - 5 years||R 1500||R1500||R 1500||R 2000||R 5000||R 7500|
|Stillborn (from 6 months)||R 1500||R1500||R 1500||R 2000||R 5000||R 4500|
EXTENDED FAMILIES, PARENTS & PARENTS-IN-LAW COVER
|BELOW 75 YEARS OLD||PREMIUM||COVER/BENEFIT||75 - 85 YEARS OLD||PREMIUM||COVER/BENEFIT|
|R35.00||R 5000||R102.00||R 5000|
|R114.00||R 10 000||R140.00||R 10 000|
|R150.00||R 15 000||R200.00||R 15 000|
|R190.00||R 20 000||R260.00||R 20 000|
TERMS & CONDITIONS
- 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.
- 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.)
- 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.
- Maximum joining age of all principal members is 65 years.
- Maximum joining age for extended family is 85 years.
- There is no waiver allowed on premiums for any of these schemes.
- Premiums must always be paid before the 7th of each month.
- 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.
- No Claim will be paid for Suicidal Death before 2 (two) years of policy being in force.
- Only one spouse per principal member is allowed.
- Claims must be notified within 6 months after death.
- 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.