How to get cash back with life insurance companies

How to get cash back with life insurance companies

Life insurance companies offer a range of solutions with regard to life insurance online. This is one of the essentials that should be in everyone’s budget.  It is important to consider how your family will survive financially when you die, no matter what your age.

Making life cover available online makes it easier for life insurance companies to meet the growing demands of a society that can’t get things done fast enough.  Selling products on the internet allows consumers the benefit of studying the options at their leisure, without the need for time-consuming face-to-face consultations.

More cost-effective

This is a more cost-effective way of doing business as this eliminates the costs attached to personal service whether it is in the flesh or via a call centre.  You qualify for life cover if you are between the ages of 20 and 65, and you don’t need a medical examination.  The younger you are, the healthier you should be – this also influences premium pricing.

It is really easy to buy a life cover policy online. It takes a minute to get a quotation, and a few minutes more to sign up. In return, you get peace of mind that your dependants can rely on some income after your death.  Use this cover calculator to work out how much you need.  To give you an idea, on average you need R1 million insurance to every R4000 of income.

Cash back bonus

Life insurance companies promise cash savings on premiums if you buy a life cover policy online, as well as 20 per cent of your money back after 10 years, tax-free.  You get more money back, the longer you hold the policy.  For example, a 40-year-old woman who pays R16 a day for R6 million in life cover will get R16 297 back after 10 years and another R33 590 after 20 years.

Use the life insurance quote form below to receive an Instant Life insurance quote online.


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