Discovery Life Income Continuation 2020
Discovery Life Income Continuation: Income protection ensures that your lifestyle will not be affected if you are injured or become severely ill. Discovery Life’s Income Continuation Benefit is a market-leading product that will pay your monthly income if you are unable to work due to sickness or injury. You can choose to be covered until age 60, 65, 70 or for your whole life.
To determine your individual needs, we suggest that you contact one of our advisers +27 21 712 8866 and request advice from him / her.
Benefits that you could could qualify for:
- Under the Automatic Sickness Underpin you will not need to prove loss of income for the first 24 months.
- Under the Loss of Income Underpin youwill qualify for a payment if you lose incomeas a result of a sickness or injury.
- With the LifeTime Severe Illness Underpin you could receive up to 215% of your insured amount for up to six months, depending on the long-term lifestyle impact of the Severity A illness.
- If you qualify for a Category B disability claim, you will get 50% of your insured amount for up to five years with the Capital Disability Underpin.
Want to find out more? Contact us at IHS today!
Take care of your responsibilities as a business owner:
Choose the Overhead Expenses Benefit and receive monthly funding for your business expenses while you are disabled.
Product features include:
- The option to choose between a seven-day and one-month waiting period. Similar to the Income Continuation Benefit, payments can be backdated to day one.
- Benefits will be payable for up to 24 months.
- You can select to be covered until age 60, 65 or 70.
- With the Automatic Sickness Underpin you will not need to prove that your share of qualifying overhead expenses are not being met by any income you still receive.
At Discovery Life they take every measure to ensure that your claims are processed quickly, and your benefits are paid out fairly.