Accidental Death Waiting Periods – No waiting period for accidental death on all plans. Cover starts as soon as the first premium is received.
Immediate Dependant Waiting Periods – A FOUR (4) month waiting period applies for all Immediate Dependants in the event of natural death, this means that cover is provided for natural death once 4 consecutive premiums are received and the policy has been in force for 4 months.
Extended Dependant Waiting Periods – A SIX (6) month waiting period applies for all Extended Dependants in the event of natural death, this means that cover is provided for natural death once 6 consecutive premiums are received and the policy has been in force for 6 months
What if I moved from another insurer? Will a waiting period apply? No new waiting period(s) will apply where the policy serves as a replacement for an existing similar policy. We will have a look at your current policy and what it covers to determine if any new waiting periods need to be added. If you want to take out additional cover that was not part of your original plan then new waiting times will apply.
What if death is as a result of suicide? Suicide is excluded from cover for the first 12 months of the policy.