Premiums
What your cover costs
You pay to cover the gap, not what you've already built. Policies start from R20 a month, and your premium depends on your age, how much cover you need, the term you choose and a few questions about your health and way of life.
Two ways to pay
Choose the premium that suits you when you apply.
| Premium | How it works |
|---|---|
| Level | Stays the same for the whole policy term, unless you change your cover.Suits you ifYou want to know exactly what you'll pay every month. |
| Age-rated | Starts low and rises gradually as you get older.Suits you ifYou'd rather pay less now, knowing it will go up. |
What affects your premium
- How much cover you need. We subtract your EasyEquities portfolio and other assets from the cover your family would need, so you only cover the gap. Your age and the term you choose count too.
- Your health and way of life. A few questions when you apply, instead of a medical exam.
- How you invest. Good investment behaviour is rewarded with a lower premium and more cover.
- The premium you choose. Level or age-rated.
Cancelling
You can cancel at any time. Cancel within 31 days of accepting your policy and we refund every premium you've paid; after that, we stop charging you, and premiums already paid aren't refunded.
