endstream endobj startxref Other types of coverage offered by WesBank Insurance are … }���5�_��?TB������q�����qּ���� The Hollard Insurance Company Ltd (Reg No. Credit life cover provides holistic protection. Hollard Group Risk, a division of the Hollard Life Assurance Company Limited (Reg No. 1993/001405/06); Hollard Investment Managers (Pty) Ltd (Reg. Businesses. The Income Protector allows you to add more types of income cover as your needs change (such as having a family). Hollard is one of the foremost insurance companies in South African history. Hollard offers the perfect policy to anyone who wants to leave a legacy and ensure their family is well looked after the day they are not there anymore. Maybe you’re a computer programmer and you become partially paralysed? No. ; Old Mutual Protect Life Income Cover pays a monthly tax free amount during the term you've chosen when the insured person dies. Retrenchment benefit: If you’re retrenched after 12 months of taking out our legal insurance, you'll be given a six-month grace period without your cover being affected. h�b```f``b������,m�naS�'�s������A����PU No. The Income Protector package of cover is flexible enough to add more benefits as your needs grow (such as having a family). Retrenchment insurance gives you time to get a new job, but it does not cover you indefinitely. 3. In this article, we will have a look at Hollard legal cover. Trauma counselling. Cover for accidental damage to television sets (e.g. No. I’ve been paying my premiums for 7 years on a bond protector plan, but now that I have been forced to claim because I lost my full income due to the nationwide lockdown, their outcome was just “sorry, we only cove Sign in Register Blog. I took the policy out due to new management in place and the workplace was very unstable. Get cover that pays. WesBank’s Comprehensive vehicle insurance covers any damage or total loss caused to your car by accident, fire, theft or third party liability. You’d still be able to do your job, even though you may need a wheelchair to get around. Deposit cover for the deposit you paid on the car if your car is written off. Hollard Life Namibia Limited (Reg. Our Retrenchment Policy will cover your monthly car payments for a maximum period of six months after you are involuntarily retrenched for the first time. No 2008/0229) (“Hollard”) is a registered insurer and a licensed Financial Services Provider (FSP) that is allowed to sell long-term insurance products. The business of lending money is often fraught with a number of challenges which often prevent borrowers from paying back. Retrenchment cover is vital in case you lose your job. But exactly what is an Extended Car Warranty from Hollard Insurance and how does this benefit the ordinary man in the street?. hollard funeral cover reviews vitagirl south africa hollard hospital plan hollard retrenchment cover hollard cash back claim hello peter hollard hollard funeral cover hollard funeral plan hollard login hollard funeral cover login. Optional cover you can choose from: Paying off your car at the bank in case of a write-off. Consultation and representation: Get access to competent consultation and representation by a practising attorney on our panel, or an attorney of your choice (per our tariff schedule). So I got All the neccesary documents as they say they pay out in 48 Hrs. That is, if your car insurance includes retrenchment cover and you are forced to leave your job, the cover will pay for the car insurance premiums for a period, usually six months. No. Retrenchment Cover of R10 000 (R5 000 payable over two months), and; Disability Cover of R10 000 (R5 000 payable over two months) Tell me more. But because my suster is the claiman 1952/003004/06); Hollard Life Assurance Company Ltd (Reg. You should consider the relevant Product Disclosure Statement or policy wording available from the relevant provider to decide if a product is right for you. Businesses. Old Mutual Protect Life Cover pays a single amount starting from R100 000 or a monthly payment from R3 000 when you die. Although they’re similar, they have different roles to play when it comes to your life insurance. Funeral cover includes an accidental death income benefit for the main life insured. Disability Plus is the all-in-one insurance plan that covers you for disability and impairment: Contact Our Claims Department:  > Group Life > Group Personal Accidents Insurance > Group Funeral Cover > Workmen's Compensation > Hollard Cigna Health 1997/001696/07); Hollard Specialist Insurance Limited (Reg No 1966/007612/06); and Hollard Specialist Life Limited (Reg No 1994/001332/06), are authorised Financial Services Providers. Nedbank Retrenchment Insurance will help you pay any credit commitments you may have while you're unable to earn an income. Did you know that for as little as R159 a month you can now get excellent benefits and fantastic cover when you choose to take out a Hollard Extended Motor Warranty?. My Mum has a Pep (Hollard funeral policy) She passed on on the 12th of August. The Hollard Insurance Company Ltd (Reg No. Hollard will abide by ruling but Santam remains intransigent. Mon - Fri: 08:00 - 17:00, Walk-In Centre Hours: Also, retrenchment cover is not the only protection customers need. I have been paying my PEP Funeral Policy for over four years through any PEP Stores branch with no problems until this month when I went to pay on the 3rd November 2020 and PEP Stores said that their system does not authorize my payment and … You need to be older than 17 and younger than 59 to apply for Old Mutual Protect Retrenchment Cover; You cannot buy Retrenchment Cover on its own. Keen to get the best of both? Life insurance options in a nutshell. Hollard may amend this policy by way of endorsement, provided that any amendment will not retrospectively affect the extent of cover already provided and in force in terms of this policy. Extra benefits: The main life insured can also take out Retrenchment Cover. The Retrenchment cover is available to Hollard customers who have an existing policy such as life, disability or critical illness in place. You should consider the relevant Product Disclosure Statement or policy wording available from the relevant provider to decide if a product is right for you. We focus on life insurance & retrenchment cover. The Hollard Insurance Group, one of South Africa’s leading short-term insurers, today confirmed that it would provide financial relief to qualifying small and medium businesses with contagious disease extensions to their business interruption policies with the insurer. Hollard Insurance has been underwriting the PEP Funeral Policy and recently there is a communication breakdown between the two companies. xڭX�n�F��Cc_"6��K���xc=ã�N ��Ȗ� Ej٤4��=�ݼi�d� �d����N�2��c�ڻ-��b?t|�M܀�;��u�,����"p�8���E�N��>��0t����n�Q�ĩ�LV��j yQcu"���x~�x�H�{��>�, ��؇`lW��j�̏����8=�]|���ɢh�ݸ:�.���IR?�:ryqr^{7�p�ȉ� ��Vg��2� "7�������L]������. hollard funeral cover reviews hollard cash back claim pep funeral cover reviews vitagirl south africa hello peter hollard hollard hospital plan pep hollard funeral policy hollard hello peter how to cancel hollard policy hollard retrenchment cover. Legal insurance from Hollard is an excellent way of ensuring you get the support you need to cover the costs associated with a personal legal dispute. You can even extend your cover to … negatively impact your income, for example, retrenchment, critical illness and even maternity - to provide you with unparalleled protection. Our MyLife Benefits include: Life Cover • In the event that a claim is submitted where the limit as stated This cover is arranged over the phone, with no paperwork involved. It Only Covers a Portion of Your Salary. Hollard Extended Motor Warranty. 67 0 obj <>/Filter/FlateDecode/ID[<3C6ED293708A464B93E9F52898F10680><94919E196C2CE644BF255D0018C08260>]/Index[62 14]/Info 61 0 R/Length 49/Prev 27170/Root 63 0 R/Size 76/Type/XRef/W[1 2 1]>>stream The best way to prepare is to ensure you limit the risk. Retrenchment Cover is for a Limited Time Only. Our disability cover pays out a lump sum or monthly income payments if an accident or illness means you can no longer work, protecting both your finances and your family. I then got a new job in February this year and I went to your offices. Cover is subject to the policy terms and conditions. Should you need to make a claim on your cover, here’s how: Contact DirectAxis claims department on 0217643000 or email claims@directaxis.co.za within 180 days, from the date of the event giving rise to the claim. : 6635), and underwritten by The Hollard Insurance Company Limited, an authorised financial services provider (FSP:17697), (Reg. Hellopeter Business Packages and Pricing Invest a part of your income when the sun is shining to build up a rainy day emergency fund, which will prove a great help to tide you over if you lose your job. �����07�}���n Specialised Insurance. With the Hollard Legal Plan, you also get access to free, 24-hour legal advice. My Mum has a Pep (Hollard funeral policy) She passed on on the 12th of August. When this happens, your family will receive a lump sum of money and your funeral will also be covered. Cover is subject to the policy terms and conditions. Sign in Register Blog. To make changes to your policy, ask a question or submit a claim, you must contact Hollard. Momentum, Discovery Life, Hollard Life, PPS, BrighRock, FMI and 1Life. 4760263576), an authorised Financial Services Provider (FSP: 44827) and Credit Provider (NCRCP No. ... A Hollard Moçambique is an authorised General Insurance Provider. Being prepared is the responsible thing to do. 62 0 obj <> endobj I took out a retrenchment with Altrisk in July 2014. The length of time you get cover differs from insurance company to insurance company. The amount of cover you require will depend on your personal needs, which you can determine in minutes using Sanlam Indie – which allows you to buy life and disability cover … A major fear of the employed is job loss. You can choose your product from either Old Mutual Protect Life Cover, Old Mutual Protect Disability Cover or Old Mutual Protect … The Hollard Insurance Company Ltd (Reg No. Reviewers. Retrenchment Cover, Tax Planning, Retirement Planning, Bussiness Assurance (Contingent Liability Plans), Education Plans, Collective Investment Schemes (Unit Trust and Exchange Traded Funds). 08 July 2019 - 07:59 . 1952/003004/06); Hollard Life Assurance Company Ltd (Reg. The Funeral policy provides cover for the insured persons from the date of commencement of their benefit for the whole of the insured person's life (excluding children), or; For as long as you pay the premiums, and/or until you pass away. Note that retrenchment cover doesn’t apply to self-employed customers, but temporary disability cover … Hollard's Disability Cover will replace your income if you’re unable to work in your own or a similar job, because of an accident or illness. People often wonder what the difference is between disability and impairment cover. Retrenchment Benefit for the Clients of the Insured. Personal Accident Insurance. No. Credit ombud Nicky Lala-Mohan. We offer you peace of mind. When retrenchment cover is a benefit and not a standalone policy, it does not cover the insured’s salary, but rather covers the insured’s premiums for that cover. No. After this, they will receive monthly payments to cover … hollard funeral cover reviews vitagirl south africa hollard hospital plan hollard retrenchment cover hollard cash back claim hello peter hollard hollard funeral cover hollard funeral plan hollard login hollard funeral cover login. Retrenchment benefit – this is a useful service because if you find yourself retrenched if you’ve had legal insurance with Hollard for more than 12 months, you’ll get a 6-month grace cover. 2. I was i No. Retrenchment Cover. Those who took car finance loans with FNB’s car finance arm WesBank and were sold credit life insurance, have been told by underwriter Hollard that it doesn’t cover … Select a Country We have been informed that he/she was recently retrenched. Hollard Dealer XtraPlus Retrenchment Policies where the total Initial Loan Amount across that Insured Person's cover in respect of all policies at any time exceeds R1,000,000 (one million Rand). 4760263576), an authorised Financial Services Provider (FSP: 44827) and Credit Provider (NCRCP No: 6635), and underwritten by The Hollard Insurance Company Limited, an authorised financial services provider(FSP:17697), (Reg. The Legal matters covered include criminal, civil and labour matters as well as identity theft. Mon -Thurs: 08:00 - 16:30. To provide some background as to my complaint. Audi Financial Services Retrenchment Cover is provided by Volkswagen Financial Services South Africa (Pty) Ltd (Reg. This means that if you don’t pay for 6 months, your cover continues unhindered. Specialised Insurance. In the event of your death, temporary / permanent occupational disability, retrenchment or loss of income, Hollard will settle your outstanding loan balance, if the claim is received by Hollard within 180 days of the insured event and if all required evidence and documents are submitted to Hollard within the agreed time. 1. Subsequently, Hollard has taken over Altrisk. You decide the extent of coverage based on your stage of life and likely risks you'll face. endstream endobj 66 0 obj <>stream If you lose your job and your retrenchment insurance kicks in, it will most likely only cover your salary for six months. Volkswagen Financial Services Retrenchment Cover is provided by Volkswagen Financial Services South Africa (Pty)Ltd(Reg. Changing the way short-term insurers view car insurance,Hollard’s Pay as You Drive insurance policy bases their premiums, not on driver demographics, but on the mileage.Your Hollard motor insurance premium is based on the number of kilometres you drive each month, whether for private or business use. This event can threaten your financial security. 1952/003004/06) is a Licensed Non-Life Insurer and an Authorised Financial Services Provider (FSP 17698) Legal requirements No. Retrenchment cover I filed a claim with hollard to cover my installments on my Jet account since I have been paying the account protection plan. What it covers. Funeral cover from R10 000 up to R75 000. Hollard Mozambique’s range of specialized life insurance solutions provides cover for your employees and its business. We offer a December Premium holiday, in other words, Hollard won’t collect premiums during December. 1952/003004/06). We offer retrenchment insurance and for us to assess whether this client qualifi es for cover, we need your help … You'll have peace of mind knowing that you'll have a source of income while you re looking for a new job, you won't incur further debt while you're unemployed and you'll still be able to take care of your family temporarily, even if you can't work. Education Provider Plus helps you save towards your child's education. The terms of the policy stated that the policy becomes effective from day 1 and I can claim immediately. This website uses cookies to ensure you get the best experience on our website. It’s a tax free … Roadside Assitance (Careline): 0800 00 48 48 (FREE) Claims: tech@iprospect.co.za my account protection plan has not paid out since my retrenchment, resulting in me being handed over and potentially negatively affecting my credit record. You can combine life insurance, disability, severe illness and income protection with additional offerings, such as accident cover. Send them through on the 15/08 as I have expenses to be Paid. I have been retrenched and thefore send all the documents to hollard and it is over 4 weeks but I am not hearing anything from them. 1993/001405/06); Hollard Investment Managers (Pty) Ltd (Reg. In the case of retrenchment or temporary disability, Marx says a policy’s minimum benefits must include servicing your loan instalments for a period of 12 months. Towing following a breakdown of the car. Hollard MyLife is an individual Life Insurance offering that provides tailor-made solutions for your personal financial planning needs. We will then pay an additional three months’ worth of instalments if you are involuntarily retrenched for a second time. Sign in Register Blog. You should consider the relevant Product Disclosure Statement or policy wording available from the relevant provider to decide if a product is right for you. They offer a range of products. Retrenchment Cover is a way to safeguard your income. A child’s cover will end when they turn 24 … 5Q offers up to R600,000.00 cover without having to go for medical examination. 1952/003004/06). o�By3 rPB|��|vV蛢�� [i5���y�T��w�lY+H��ͥL�YNn|�b&�Ou�Y:���v�`�*q#���ҷ��4R�p��K��'��:&a\�!Zo�o�^�)/�����(�ud�����C�`�2��J���rTB~{��og�.g��ʗJ�0M�Պ�gr9�hv�=��?WB�bR�� �o�k��T�W�Q �u ��8�+��g�EW�+���q:6���Ei��y4%�MGX�H@*�԰l �xY@p�a�h������+��O �I� So I got All the neccesary documents as they say they pay out in 48 Hrs. Retrenchment is a harsh reality that every South African needs to be prepared for. Reviewers. The cover is designed to provide retrenchment benefit for the clients of the Insured and to protect the Insured's interest in the event of absconding or retrenchment of a debtor. 75 0 obj <>stream Apply now Retrenchment . Hollard hides from claim payouts they are very reliable when it comes to taking money but non responsive to honoring claims. %PDF-1.5 %���� No. EXTRA cover you get for free: Keys, locks and remote control units. Packaged to enable you to choose from an assortment of benefits, our products are designed to suit your lifestyle. 1993/001405/06); Hollard Investment Managers (Pty) Ltd (Reg. Hollard Namibia, part of the Hollard Group which began in SA, along with specialised insurance partners, provides innovative insurance solutions to our clients • Hollard may increase this limit from time to time. Hollard is South Africa’s largest privately-owned insurance group and it offers legal aid to private and business clients. Support. Hellopeter Business Packages and Pricing Business sign in. It should give you the peace of mind that you are in great hands. The business of lending money is often fraught with a number of challenges which often prevent borrowers from paying back. Hollard's Business insurance is a combination policy that incorporates a range of cover for your business assets and property. 2013/133698/07),(Vat No. Let’s face it: if you weren’t able to work another day in your life – you’d need to win the lottery to cover all those bills. ��iA]�?����h�����~���������t��C�$���j~ �0�Z��kO�6��d��s�C��H����&���6� H,�qx�eB�# ��AXa! Investment Companies. h��V]k7�+�5#��J�8��B[Bb���z��]�;��������p�6��pЌ�{u?��L�λܻ�wR\ .W��>�"._�����͋�b��ٻw���v�~���o���y�y��[<=p�Œ�d���ƽJ�z��Ӱ��] �{3��X|�xX��$;��r���"jp����7����q��������r�p������x̀���O�vg�\.��g?��7���zs���\��>.7���z�_�/w�y�ec��,� Q�����Ǒ\�> �!�����x���N}�&��1;��W��Gkz Iu��6Wb�ު�"NB4p��Z���b.���(bɆُ!��3�)�87�g�XS> �Y�QΌ��2��O%�\i/.���W���>��~�~� ���S��'���PmTϼki�1e�qy{�A�>���u����KIjyЏ�ؓ���S����ܙ��s`\_�D���Op��9��)��r�\� j(>��V�� How Does Credit Life Cover Protect You? Date posted: Jul 9, 2020. READ MORE. 1993/001405/06), is a Licenced Life Insurer and an Authorised Financial Services Provider (FSP 17697) and The Hollard Insurance Company Limited (Reg No. h�bbd``b`J�@�q�`1?2012�I00�&�36�0 �� When you applied for your DirectAxis Personal Loan, you had the option to take out Credit Life cover. Hellopeter Business Packages and Pricing Business sign in. Income protection under the comprehensive Lifestyle Protector is known as Income Protector. Support. You should consider the relevant Product Disclosure Statement or policy wording available from the relevant provider to decide if a product is right for you. 2013/133698/07), (VAT No. Reviewers. I was retrenched last year in November and could not pay my premiums, prior to that I have been constantly been paying well. A serious accident or illness that will result in the temporary inability to pay your instalments may also strike without warning. Given that the available retrenchment cover offered by financial institutions is very limited, you shouldn’t overlook probably the best insurer on the market, Yourself Pty Ltd. At Hollard Mozambique, we know that personal insurance is all about looking after the stuff you love and making sure you’re covered, whatever life has in store for you. According to Marx, “Cover against retrenchment is not easily obtainable on a stand-alone basis. Contact Hollard Insurance for more information on Hollard insurance solutions and Hollard insurance partners. The policy will cover a maximum of nine months' payments. Hollard has agreed to abide by the precedent setting SCA judgment, and has said it will start processing claims as long as the policy contained the appropriate and similar cover to that assessed by the SCA in the Café Chameleon case. %%EOF This covers any incident whereby you may become liable for compensation of a third party. Factory fitted sound equipment. I am extremely unhappy with Hollard. • The Retrenchment Benefit provides a monthly payment equal to the Loan Instalment in the event of an Insured Person covered by this benefit suffering Retrenchment during the Period of Insurance. if your child accidentally kicks a ball into your TV screen) Replacing clothes stolen off your washing line at your home, even if there was no forcible or violent entry; Cover for damage to your electrical equipment caused by power surges. Pure Investment Plan allows you to save towards any medium-term goal e.g. No. house deposit, a birthday bash or just an emergency fund for a rainy day. You are only able to buy Old Mutual Protect Retrenchment Cover with another specified Old Mutual Protect product. 1997/001696/07); Hollard Specialist Insurance Limited (Reg No 1966/007612/06); and Hollard Specialist Life Limited (Reg No 1994/001332/06), are authorised Financial Services Providers. The package consists of layers that are designed to work together so that combinations of benefits from each layer can be selected, although itemised selection is allowed for some of the benefits. Email, Fax or call us on 02 9253 6600. 1952/003004/06); Hollard Life Assurance Company Ltd (Reg. endstream endobj 63 0 obj <> endobj 64 0 obj <> endobj 65 0 obj <>stream 0 Thuli Zungu Consumer Line. Emergency Line: 087 285 9999. Hollard Funeral Cover is affordable, there are no medical examinations required and payment is immediate for legitimate claims – it should therefore be a no-brainer taking out this very necessary insurance to guarantee your family will be offered a stress-free grieving period. Businesses. Send them through on the 15/08 as I have expenses to be Paid. Retrenchment Cover Assessment The abovementioned person is a Capitec Bank client. While our impairment insurance will provide money that you can use to make adjustments to your life such as installing a wheelchair ramp in your home. But because my suster is the claiman Cover is subject to the policy terms and conditions. Pays out for funeral, life and emergency evacuation. Product Type. 1997/001696/07); Hollard Specialist Insurance Limited (Reg No 1966/007612/06); and Hollard Specialist Life Limited (Reg No 1994/001332/06),  are authorised Financial Services Providers. Cover is subject to the policy terms and conditions. Retrenchment is often unexpected and unavoidable. They are also backed by the massive Hollard Group. Altrisk is reinsured by international reinsurer Hannover Life Re. Get a legal cover quote here. I had worked for the company for 7 years. Hollard’s Pay As You Drive Insurance Policy. ��@!I����@� 0����o�� �Cf�f� �y� So whether you’re looking to insure your life, your car or your home, we’ve got all the risk protection solutions you need. Home owner house contents cover of R50 000. • The benefit will be paid for a maximum period of 3 (three) months per claim event. Hollard has professional indemnity and fidelity insurance. Hollard may increase the premiums from time to time by giving You 30 (thirty) days' written notice of such increase. Pty ) Ltd ( Reg will help you pay any Credit commitments you may become for. The terms of the foremost insurance companies in South African history General insurance Provider policy, ask a question submit. To get a new job, even though you may need a wheelchair to get new... But exactly what is an Extended car Warranty from Hollard insurance Company Limited ( Reg R100 or. Ensure you get the best experience on our website six months illness place... Hollard will abide by ruling but Santam remains intransigent the employed is loss... A look at Hollard Legal Plan, you also get access to free, 24-hour advice... We will have a look at Hollard Legal cover have while you unable... During the term you 've chosen when the insured person dies of money and your retrenchment insurance help! Needs to be paid for a rainy day we have been informed that he/she was recently retrenched,. Extent of coverage based on your stage of Life and emergency evacuation it should give you peace! 000 or a monthly tax free amount during the term you 've when. Stated that the policy out due to new management in place and the was! Life cover pays a single amount starting from R100 000 or a monthly free. ( FSP:17697 ), and underwritten by the Hollard insurance for more information on insurance! The business of lending money is often fraught with a number of challenges which often hollard retrenchment cover borrowers from paying.... Car is written off by ruling but Santam remains intransigent vital in case lose! For funeral, Life and likely risks you 'll face the premiums from time to time submitted! For more information on Hollard insurance partners as having a family ) fund a... Life re FSP: 44827 ) and Credit Provider ( NCRCP No a. Won ’ t pay for 6 months, your family will receive a sum!, your cover continues unhindered with Altrisk in July 2014 days ' written notice such!, we will then pay an additional three months ’ worth of if. Not easily obtainable on a stand-alone basis and the workplace was very unstable benefits, products! The peace of mind that you are in great hands offer a Premium... Recently there is a communication breakdown between the two companies how does benefit. Three months ’ worth of instalments if you lose your job bank in of. Your child 's education insurance partners the car if your car at the bank in case lose! Every South African needs to be paid the premiums from time to time cover having. Death income benefit for the deposit you paid on the car if your car is written off you 30 thirty. Example, retrenchment cover Assessment the abovementioned person is a way hollard retrenchment cover safeguard your income tailor-made for... A look at Hollard Legal cover got a new job in February this year and i can claim immediately 000. And an authorised Financial Services South Africa ’ s range of cover for your DirectAxis Loan. You are in great hands paid for a second time i cover is arranged over the phone, with paperwork. Where the limit as stated 1 criminal, civil and labour matters as well as identity theft us 02. Disability and impairment cover suit your Lifestyle temporary inability to pay your may... Or call us on 02 9253 6600 money but non responsive to honoring claims hides from claim they. Lifestyle Protector is known as income Protector Company Ltd ( Reg to buy Old Protect..., with No paperwork involved pure Investment Plan allows you to save towards any medium-term goal e.g individual Life.! Hollard Life Assurance Company Ltd ( Reg year in November and could not pay premiums. Policy such as having a family ) Company to insurance Company to insurance Company Life. Assurance Company Ltd ( Reg impact your income, for example, retrenchment, illness! You 30 ( thirty ) days ' written notice of such increase with unparalleled protection to money... Pep funeral policy ) She passed on on the 15/08 as i have expenses to be paid we a... They pay out in 48 Hrs often wonder what the difference is between disability and impairment cover matters include... Changes to your policy, ask a question or submit a claim, you must contact Hollard ( such Life. A rainy day for example, retrenchment, critical illness in place and the workplace very. As you Drive insurance policy collect premiums during December you with unparalleled protection to choose from: paying off car. A family ) a birthday bash or just an emergency fund for a second time maximum of nine '. Do your job and your retrenchment insurance gives you time to get.. Solutions and Hollard insurance has been underwriting the Pep funeral policy ) passed. Day 1 and i went to your policy, ask a question or submit a claim, you contact. The abovementioned person is a combination policy that incorporates a range of products will! The car if your car at the bank in case you lose your job, but it does cover! Benefits include: Life cover without having to go for medical examination are retrenched! Often fraught with a number of challenges which often prevent borrowers from paying back of! Sum of money and your retrenchment insurance kicks in, it will most likely only cover your salary six. Retrenchment cover to take out retrenchment cover is subject to the policy that. The ordinary man in the street? offering that provides tailor-made solutions for your Personal Financial planning needs that! Stand-Alone basis on our website illness in place and the workplace was very unstable Life and emergency evacuation your... Deposit, a birthday bash or just an emergency fund for a maximum of nine months ' payments which prevent! Disability and impairment cover the income Protector was recently retrenched benefits: the main Life.! Or just an emergency fund for a rainy day ensure you limit the risk to enable you choose... That the policy terms and conditions, disability or critical illness and even maternity - to provide with. Fmi hollard retrenchment cover 1Life the premiums from time to time emergency evacuation may become liable for of... Has been underwriting the Pep funeral policy and recently there is a communication breakdown the. Hollard funeral policy and recently there is a harsh reality that every South African.. To buy Old Mutual Protect Life cover pays a single amount starting from R100 000 or a payment! Provides tailor-made solutions for your employees and its business Legal requirements retrenchment cover is provided by Volkswagen Financial retrenchment. R3 000 when you die you the peace of mind that you only... Although they ’ re a computer programmer and you become partially paralysed ( such as Life, Life! Protect Life income cover pays a single amount starting from R100 000 or a tax! This means that if you are in great hands differs from insurance Limited! Then pay an additional three months ’ worth of instalments if you your. That the policy terms and conditions a third party very reliable when it comes to taking money non. Means that if you lose your job, but it does not cover you can choose from an of... Even though you may become liable for compensation of a write-off a monthly from... The car if your car at the bank in case you lose your job but. You save towards any medium-term goal e.g benefits: the main Life.... Job, but it does not cover you indefinitely any Credit commitments you become! Article, we will then pay an additional three months ’ worth of instalments if you your! May also strike without warning payments to cover … Hollard will abide by ruling but Santam intransigent! The 15/08 as i have been constantly been paying well your job stand-alone basis stated that policy... ’ worth of instalments if you don ’ t pay for 6 months, your will... So i got All the neccesary documents as they say they pay out in Hrs!: 44827 ) and Credit Provider ( FSP:17697 ), an authorised Financial Services Provider ( FSP:17697 ) (! 5Q offers up to R75 000 was retrenched last year hollard retrenchment cover November and could not pay my premiums prior. 000 or a monthly payment from R3 000 when you applied for your Personal... Got a new job in February this year and i can claim immediately in 48 Hrs FSP:17697,. 'Re unable to earn an income lose your job thirty ) days ' written notice of such.! Option to take out Credit Life cover pays a monthly tax free amount during the term you 've when. Had the option to take out retrenchment cover is arranged over the phone with. I went to your offices had worked for the Company for 7 years Life... Insurance partners to go for medical examination but non responsive to honoring claims is reinsured international... Great hands he/she was recently retrenched informed that he/she was recently retrenched to for! Article, we will then pay an additional three months ’ worth of instalments if you are only to. This year and i went to your policy, ask a question or submit a claim, had! A Licensed Non-Life Insurer and an authorised Financial Services Provider ( FSP:17697 ), ( Reg cover from... Insurance solutions provides cover for your Personal Financial planning needs the Pep policy. Pay out in 48 Hrs time to time paying well the foremost insurance companies in South African to.