Income Protection Plan
If you become sick or injured and unable to work, Income Protection cover can help cover most of your expenses and keep your life on track. Nhlanhla Capital Income Protection insurance is here to help. We offer temporary income protection plan and extended income protection cover.
Monthly & Payment
Receive monthly payments whilst you are unable to work due to injury or illness.
Choice of benefit periods
You can choose your benefit period to be a set number of years or to a specific age.
Tax effective
You may be able to claim a deduction on income protection premiums – making it even more affordable.
Income Protection Plan South Africa
An Income Protection Plan in South Africa is not just an insurance policy; it's a lifeline for financial security in the face of life's uncertainties. This powerful safety net offers peace of mind, assuring individuals and families that their income remains intact, even when faced with unexpected health challenges or unforeseen circumstances. It's a promise that in times of adversity, you can maintain your standard of living, meet your financial commitments, and secure your loved ones' future. With an Income Protection Plan, South Africans can confidently pursue their dreams and aspirations, knowing that their income stream is safeguarded against the unexpected. It's a testament to resilience and foresight, providing the means to face the future with confidence, no matter what it may hold.
What is Income Protection Insurance?
Income Protection Insurance provides a regular payment in place of your income if you’re unable to work for extended periods due to injury or illness.
How it works
Income Protection can help get you through a difficult period, without having to eat into your savings or rely on outside help – so a temporary setback doesn’t put you behind for years.
With Income Protection you receive a monthly benefit for as long as you remain temporarily disabled up to the maximum benefit limit, as specified in your policy. Depending on that policy, you may also receive an additional payment into your super fund, so your retirement savings can keep growing even while you’re unable to work.
Life is for living, not for worrying about what could go wrong. Contact our financial adviser today for more information.
FAQS
How long do Income Protection Insurance payments last?
For the Sickness and Injury cover, it depends on the benefit period you have chosen. Each time you make a claim that’s accepted, you can be paid for up to 5 years, as long as you’re still unable to work due to the sickness or injury during that time.
You can claim as many times as you need over the life of the policy. The payment of benefits is subject to the relevant terms that apply to your policy, including any exclusions or limitations.
How Do I cancel my Policy
We’re sorry you’re thinking of cancelling. For policy cancellations or to discuss your situation further, please call us on +27 10 109 0279. If you do cancel, you may qualify for a refund for the unexpired portion of the premium less our cancellation fee.
