Life is unpredictable
Let African Rainbow Life be your partner in managing risks within your business.
Features & Benefits
Our Group Risk Management Solutions will be tailored to your needs in consultation with one of our benefit consultants.
Life Cover - Pays a sum assured as a multiple of salary on death. Help your employees or fund members be financially prepared for death with Group Life Cover.
Select core cover with a range of additional value-adds and optional benefits such as spouse’s life cover, accidental death and disability and critical illness cover.
- Temporary Disability - A percentage of salary is paid up to maximum of 23 payments. This usually precedes a lump sum disability benefit.
- Disability (lump sum) - Lump sum payable when disabled after a waiting period.
- Critical Illness - The core lump-sum benefit pays out for a number of pre-defined illnesses. This cover minimises the financial stress related to the high costs of treating a severe illness..
Our Kids Education Benefit ensures that every child’s right to a good education is part of their journey to success. Parents need to be sure that if they pass away, tuition fees will be covered so their kids can continue to get the education they envisioned.
Credit Life - Exclusively offered to those employers or funds lending to customers / members:
- A combination of cover (life, disability, retrenchment) that will either settle the outstanding loan balance, or pay a monthly instalment
Funeral Cover - Funeral cover for member, spouse and up to 6 children. Extended members can also be accommodated. Funeral cover that provides family members with assistance to cover the costs of a dignified farewell.
Funeral Parlours, Churches & Voluntary Groups
We provide Funeral Solutions to friendly societies and other group partners with cost effective group funeral and associated benefits.
The funeral product will be distributed via burial societies, stokvels, co-operatives, churches and NPO’s.
Funeral cover for funeral parlours and burial societies
Membership = 50 members and above
Cover limits = R50 000
You will need your own FSP license
Funeral cover for co-operatives, churches and NPO’s.
Membership = 15 members and above
Cover limits = R50 000
Schemes are provided with reports that assist administrative management of the scheme.
Provide Burial repatriation benefit.
Administrative system management.
Get a call back
from our group specialist