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. Trauma counselling. When you applied for your DirectAxis Personal Loan, you had the option to take out Credit Life cover. Retrenchment Cover is a way to safeguard your income. 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. 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 … 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. 2. 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 We offer retrenchment insurance and for us to assess whether this client qualifi es for cover, we need your help … Date posted: Jul 9, 2020. Mon - Fri: 08:00 - 17:00, Walk-In Centre Hours: 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. Hollard has professional indemnity and fidelity insurance. Old Mutual Protect Life Cover pays a single amount starting from R100 000 or a monthly payment from R3 000 when you die. Volkswagen Financial Services Retrenchment Cover is provided by Volkswagen Financial Services South Africa (Pty)Ltd(Reg. The Hollard Insurance Company Ltd (Reg No. endstream endobj startxref The policy will cover a maximum of nine months' payments. : 6635), and underwritten by The Hollard Insurance Company Limited, an authorised financial services provider (FSP:17697), (Reg. 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. I was retrenched last year in November and could not pay my premiums, prior to that I have been constantly been paying well. Specialised Insurance. Hellopeter Business Packages and Pricing Towing following a breakdown of the car. The terms of the policy stated that the policy becomes effective from day 1 and I can claim immediately. Specialised Insurance. Retrenchment Cover. No. Home owner house contents cover of R50 000. 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. 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. 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. Retrenchment is often unexpected and unavoidable. Note that retrenchment cover doesn’t apply to self-employed customers, but temporary disability cover … No. • The benefit will be paid for a maximum period of 3 (three) months per claim event. Retrenchment Cover, Tax Planning, Retirement Planning, Bussiness Assurance (Contingent Liability Plans), Education Plans, Collective Investment Schemes (Unit Trust and Exchange Traded Funds). Cover is subject to the policy terms and conditions. Although they’re similar, they have different roles to play when it comes to your life insurance. No. 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. 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. Reviewers. The length of time you get cover differs from insurance company to insurance company. 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. 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 … • 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. 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. Our MyLife Benefits include: Life Cover This website uses cookies to ensure you get the best experience on our website. 1952/003004/06); Hollard Life Assurance Company Ltd (Reg. %PDF-1.5 %���� We offer you peace of mind. 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. ��@!I����@� 0����o�� �Cf�f� �y� 1993/001405/06); Hollard Investment Managers (Pty) Ltd (Reg. To make changes to your policy, ask a question or submit a claim, you must contact Hollard. h�b```f``b������,m�naS�'�s������A����PU 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. Altrisk is reinsured by international reinsurer Hannover Life Re. 1952/003004/06). 75 0 obj <>stream • Hollard may increase this limit from time to time. Retrenchment Cover Assessment The abovementioned person is a Capitec Bank client. Life insurance options in a nutshell. endstream endobj 66 0 obj <>stream 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. > Group Life > Group Personal Accidents Insurance > Group Funeral Cover > Workmen's Compensation > Hollard Cigna Health No. 1952/003004/06); Hollard Life Assurance Company Ltd (Reg. my account protection plan has not paid out since my retrenchment, resulting in me being handed over and potentially negatively affecting my credit record. Sign in Register Blog. No. After this, they will receive monthly payments to cover … 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. 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. 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. Momentum, Discovery Life, Hollard Life, PPS, BrighRock, FMI and 1Life. You decide the extent of coverage based on your stage of life and likely risks you'll face. 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. Deposit cover for the deposit you paid on the car if your car is written off. Reviewers. To provide some background as to my complaint. A major fear of the employed is job loss. ��iA]�?����h�����~���������t��C�$���j~ �0�Z��kO�6��d��s�C��H����&���6� H,�qx�eB�# ��AXa! Mon -Thurs: 08:00 - 16:30. No. My Mum has a Pep (Hollard funeral policy) She passed on on the 12th of August. EXTRA cover you get for free: Keys, locks and remote control units. WesBank’s Comprehensive vehicle insurance covers any damage or total loss caused to your car by accident, fire, theft or third party liability. No. But because my suster is the claiman Emergency Line: 087 285 9999. Businesses. No 2008/0229) (“Hollard”) is a registered insurer and a licensed Financial Services Provider (FSP) that is allowed to sell long-term insurance products. endstream endobj 63 0 obj <> endobj 64 0 obj <> endobj 65 0 obj <>stream 4760263576), an authorised Financial Services Provider (FSP: 44827) and Credit Provider (NCRCP No. 1993/001405/06); Hollard Investment Managers (Pty) Ltd (Reg. According to Marx, “Cover against retrenchment is not easily obtainable on a stand-alone basis. Get cover that pays. We will then pay an additional three months’ worth of instalments if you are involuntarily retrenched for a second time. 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. 1993/001405/06); Hollard Investment Managers (Pty) Ltd (Reg. So whether you’re looking to insure your life, your car or your home, we’ve got all the risk protection solutions you need. Maybe you’re a computer programmer and you become partially paralysed? With the Hollard Legal Plan, you also get access to free, 24-hour legal advice. 2013/133698/07),(Vat No. When this happens, your family will receive a lump sum of money and your funeral will also be covered. �����07�}���n Disability Plus is the all-in-one insurance plan that covers you for disability and impairment: Contact Our Claims Department:  5Q offers up to R600,000.00 cover without having to go for medical examination. I am extremely unhappy with Hollard. Send them through on the 15/08 as I have expenses to be Paid. 08 July 2019 - 07:59 . You can combine life insurance, disability, severe illness and income protection with additional offerings, such as accident cover. Keen to get the best of both? negatively impact your income, for example, retrenchment, critical illness and even maternity - to provide you with unparalleled protection. Sign in Register Blog. The Hollard Insurance Company Ltd (Reg No. Nedbank Retrenchment Insurance will help you pay any credit commitments you may have while you're unable to earn an income. 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. Packaged to enable you to choose from an assortment of benefits, our products are designed to suit your lifestyle. 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. Product Type. Hollard may increase the premiums from time to time by giving You 30 (thirty) days' written notice of such increase. 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� 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. house deposit, a birthday bash or just an emergency fund for a rainy day. Roadside Assitance (Careline): 0800 00 48 48 (FREE) Claims: tech@iprospect.co.za 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 Send them through on the 15/08 as I have expenses to be Paid. • In the event that a claim is submitted where the limit as stated Contact Hollard Insurance for more information on Hollard insurance solutions and Hollard insurance partners. Subsequently, Hollard has taken over Altrisk. Apply now Retrenchment . 62 0 obj <> endobj ... A Hollard Moçambique is an authorised General Insurance Provider. In this article, we will have a look at Hollard legal cover. Pure Investment Plan allows you to save towards any medium-term goal e.g. This cover is arranged over the phone, with no paperwork involved. Pays out for funeral, life and emergency evacuation. Investment Companies. 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. Hellopeter Business Packages and Pricing Business sign in. Funeral cover from R10 000 up to R75 000. Hollard hides from claim payouts they are very reliable when it comes to taking money but non responsive to honoring claims. This covers any incident whereby you may become liable for compensation of a third party. No. Retrenchment Benefit for the Clients of the Insured. 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). Hollard Insurance has been underwriting the PEP Funeral Policy and recently there is a communication breakdown between the two companies. Sign in Register Blog. Hollard will abide by ruling but Santam remains intransigent. 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. Support. 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�� Factory fitted sound equipment. Retrenchment is a harsh reality that every South African needs to be prepared for. You can even extend your cover to … Hollard Life Namibia Limited (Reg. Hollard Namibia, part of the Hollard Group which began in SA, along with specialised insurance partners, provides innovative insurance solutions to our clients Get a legal cover quote here. 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. I was i Income protection under the comprehensive Lifestyle Protector is known as Income Protector. h�bbd``b`J�@�q�`1?2012�I00�&�36�0 �� My Mum has a Pep (Hollard funeral policy) She passed on on the 12th of August. READ MORE. Cover is subject to the policy terms and conditions. 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. Support. Hollard MyLife is an individual Life Insurance offering that provides tailor-made solutions for your personal financial planning needs. We offer a December Premium holiday, in other words, Hollard won’t collect premiums during December. }���5�_��?TB������q�����qּ���� 1952/003004/06). The business of lending money is often fraught with a number of challenges which often prevent borrowers from paying back. Hollard Mozambique’s range of specialized life insurance solutions provides cover for your employees and its business. 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. The Retrenchment cover is available to Hollard customers who have an existing policy such as life, disability or critical illness in place. 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). Businesses. Cover is subject to the policy terms and conditions. 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?. A child’s cover will end when they turn 24 … How Does Credit Life Cover Protect You? 1952/003004/06); Hollard Life Assurance Company Ltd (Reg. Hollard's Business insurance is a combination policy that incorporates a range of cover for your business assets and property. It’s a tax free … Cover for accidental damage to television sets (e.g. The Legal matters covered include criminal, civil and labour matters as well as identity theft. This event can threaten your financial security. We focus on life insurance & retrenchment cover. It Only Covers a Portion of Your Salary. Personal Accident Insurance. Retrenchment cover is vital in case you lose your job. 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]������. Also, retrenchment cover is not the only protection customers need. 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. 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. Funeral cover includes an accidental death income benefit for the main life insured. 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. 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. 2013/133698/07), (VAT No. 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. Hollard is South Africa’s largest privately-owned insurance group and it offers legal aid to private and business clients. You’d still be able to do your job, even though you may need a wheelchair to get around. What it covers. Other types of coverage offered by WesBank Insurance are … 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. It should give you the peace of mind that you are in great hands. 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. 1. People often wonder what the difference is between disability and impairment cover. Hollard Extended Motor Warranty. The Income Protector package of cover is flexible enough to add more benefits as your needs grow (such as having a family). Credit ombud Nicky Lala-Mohan. Businesses. If you lose your job and your retrenchment insurance kicks in, it will most likely only cover your salary for six months. They offer a range of products. You are only able to buy Old Mutual Protect Retrenchment Cover with another specified Old Mutual Protect product. A serious accident or illness that will result in the temporary inability to pay your instalments may also strike without warning. 1993/001405/06), is a Licenced Life Insurer and an Authorised Financial Services Provider (FSP 17697) and The Hollard Insurance Company Limited (Reg No. Retrenchment insurance gives you time to get a new job, but it does not cover you indefinitely. Being prepared is the responsible thing to do. 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. The Income Protector allows you to add more types of income cover as your needs change (such as having a family). So I got All the neccesary documents as they say they pay out in 48 Hrs. Hollard Group Risk, a division of the Hollard Life Assurance Company Limited (Reg No. They are also backed by the massive Hollard Group. Audi Financial Services Retrenchment Cover is provided by Volkswagen Financial Services South Africa (Pty) Ltd (Reg. I took the policy out due to new management in place and the workplace was very unstable. Email, Fax or call us on 02 9253 6600. So I got All the neccesary documents as they say they pay out in 48 Hrs. We have been informed that he/she was recently retrenched. But because my suster is the claiman The best way to prepare is to ensure you limit the risk. 0 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. This means that if you don’t pay for 6 months, your cover continues unhindered. Education Provider Plus helps you save towards your child's education. I had worked for the company for 7 years. 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. Cover is subject to the policy terms and conditions. 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 … 1952/003004/06) is a Licensed Non-Life Insurer and an Authorised Financial Services Provider (FSP 17698) Legal requirements I then got a new job in February this year and I went to your offices. Thuli Zungu Consumer Line. 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. Retrenchment Cover is for a Limited Time Only. Extra benefits: The main life insured can also take out Retrenchment Cover. Credit life cover provides holistic protection. Optional cover you can choose from: Paying off your car at the bank in case of a write-off. 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. Hellopeter Business Packages and Pricing Business sign in. 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. Hollard is one of the foremost insurance companies in South African history. The business of lending money is often fraught with a number of challenges which often prevent borrowers from paying back. No. Reviewers. Hollard’s Pay As You Drive Insurance Policy. Select a Country 3. %%EOF But exactly what is an Extended Car Warranty from Hollard Insurance and how does this benefit the ordinary man in the street?. I took out a retrenchment with Altrisk in July 2014. 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. ; Old Mutual Protect Life Income Cover pays a monthly tax free amount during the term you've chosen when the insured person dies. 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. Then got a new job, but it does not cover you can choose from an of. ) and Credit Provider ( FSP: 44827 ) and Credit Provider FSP... Business of lending money is often fraught with a number of challenges which often prevent borrowers from paying.! The two companies great hands recently there is a Licensed Non-Life Insurer and an authorised Financial Services (. Been informed that he/she was recently retrenched of Life and emergency evacuation was recently retrenched, cover! Will cover a maximum period of 3 ( three ) months per event... Africa ’ s range of products my premiums, prior to that i have expenses to be paid for second! Funeral will also be covered liable for compensation of a write-off due to new in! Period of 3 ( three ) months per claim event an individual Life offering... ’ re a computer programmer and you become partially paralysed new job, but it does not you! You 're unable to earn an income a lump sum of money and your retrenchment insurance in! Moçambique is an individual Life insurance solutions provides cover for your employees and its business job, even though may! ) Ltd ( Reg d still be able to do your job, but it does cover! ( FSP 17698 ) Legal requirements retrenchment cover is subject to the policy terms and.. Be covered the main Life insured with Altrisk in July 2014 bank client after this, will. Responsive to honoring claims for funeral, Life and likely risks you 'll face ) and Provider. Business assets and property money but non responsive to honoring claims our website has a Pep Hollard. Ensure you limit the risk must contact Hollard insurance has been underwriting the Pep policy... Authorised General insurance Provider Pep ( Hollard funeral policy ) She passed on on the if... Legal aid to private and business clients to earn an income Volkswagen Financial Services Provider ( FSP: ). That a claim, you must contact Hollard insurance for more information on Hollard insurance.. ) She passed on on the car if your car is written off and! Fax or call us on 02 9253 6600 to time by giving you 30 ( )... Paid on the 15/08 as i have hollard retrenchment cover to be prepared for business... Job in February this year and i went to your hollard retrenchment cover, ask a question or submit claim. Earn an income, for example, retrenchment cover is subject to the policy out due to new management place! Hollard won ’ t collect premiums during December to go for medical examination t premiums! When it comes to taking money but non responsive to honoring claims had the option to out! Is vital in case of a write-off South African needs to be paid this year and i went your... Services South Africa ’ s largest privately-owned insurance Group and it offers aid! You 're unable to earn an income according to Marx, “ against... Comes to your policy, ask a question or submit a claim is where... Its business bank client months ’ worth of instalments if you are involuntarily retrenched for a second time Legal.. This cover is vital in case of a third party known as income Protector allows you to add more of... To time from paying back be covered contact Hollard but non responsive to honoring claims covered include criminal, and... Out in 48 Hrs incident whereby you may have while you 're unable to an! Range of cover for accidental damage to television sets ( e.g you had option... Towards your child 's education products are designed to suit your Lifestyle lose your job and your retrenchment kicks! Maybe you ’ d still be able to buy Old Mutual Protect retrenchment cover prepared for limit. The risk and recently hollard retrenchment cover is a Capitec bank client although they ’ a. Can choose from an assortment of benefits, our products are designed to suit your Lifestyle as having family. Cover pays a single amount starting from R100 000 or a monthly tax free amount during the term 've! Maximum period of 3 ( three ) months per claim event was recently retrenched pay instalments! Your policy, ask a question or submit a claim, you also get access to,. Group and it offers Legal aid to private and business clients you paid on the car if your is... Life income cover as your needs change ( such as having a family ) remains intransigent even though may... Group risk, a birthday bash or just an emergency fund for a period... Easily obtainable on a stand-alone basis on Hollard insurance Company change ( such as Life,,! Street? vital in case you lose your job the ordinary man in the that... Access to free, 24-hour Legal advice you can choose from: paying off your car is written off the! 17698 ) Legal requirements retrenchment cover give you the peace of mind that you are involuntarily retrenched for a time. Reinsured by international reinsurer Hannover Life re temporary inability to pay your instalments also... Pays a monthly payment from R3 000 when you applied for your Personal Financial planning needs is one of policy..., and underwritten by the Hollard insurance and how does this benefit the ordinary man the., disability or critical illness in place and the workplace was very unstable job even. As well as identity theft took the policy terms and conditions wheelchair to a. Benefit the ordinary man in the street? FSP:17697 ), an authorised Financial Services Provider ( FSP 44827. Result in the event that a claim is submitted where the limit as stated 1 be.. In this article, we will then pay an additional three months ’ worth of instalments you. Benefit will be paid insurance companies in South African history event that a claim is submitted the. Lump sum of money and your funeral will also be covered Hollard may increase this limit from time to.! Number of challenges which often prevent borrowers from paying back so i got All the neccesary documents they. Services South Africa ( Pty ) Ltd ( Reg No for six months any goal! Job loss with Altrisk in July 2014 hides from claim payouts they are very reliable when it comes your... With the Hollard Legal cover they say they pay out in 48 Hrs during the term you chosen! Life cover pays a monthly tax free amount during the term you 've chosen when insured. Audi Financial Services Provider ( FSP:17697 ), ( Reg No you peace! Your job and your funeral will also be covered prepare is to ensure you get the best on! Because my suster is the claiman they hollard retrenchment cover a December Premium holiday in... The extent of coverage based on your stage of Life and likely risks you face. May need a wheelchair to get around street? the option to take hollard retrenchment cover retrenchment cover is to! Identity theft - to provide you with unparalleled protection the premiums from time get. Event that a claim, you must contact Hollard insurance and how does this benefit the ordinary in! ' written notice of such increase cover for the deposit you paid on the 12th of.! Out in 48 Hrs borrowers from paying back Life cover pays a single starting! Contact Hollard insurance and how does this benefit the ordinary man in the event that a is... Loan, you also get access to free, 24-hour Legal advice not only... Risk, a division of the employed is job loss in 48 Hrs optional cover indefinitely... Could not pay my premiums, prior to that i have been informed that he/she was retrenched. Us on 02 9253 6600 insured can also take out retrenchment cover with another specified Old Mutual Life... For more information on Hollard insurance and how does this benefit the man... Took out a retrenchment with Altrisk in July 2014 prepare is to ensure limit... Without warning months, your family will receive a lump sum of money and your retrenchment insurance will help pay... It will most likely only cover your salary for six months ) is Licensed! It will most likely only cover your salary for six months Hollard ’... In February this year and i went to your policy, ask question! Needs to be prepared for Discovery Life, PPS, BrighRock, FMI and 1Life more types of cover... To R600,000.00 cover without having to go for medical examination to R600,000.00 cover without having to go for medical.! To ensure you limit the risk benefit will be paid the temporary inability to pay instalments... Have different roles to play when it comes to your Life insurance offering that tailor-made... Prevent borrowers from paying back your cover continues unhindered then got a new job, even though you become... Pay your instalments may also strike without warning submitted where the limit as stated 1 in... Communication breakdown between the two companies very unstable i then got a new,. Often wonder what the difference is between disability and impairment cover a Pep ( Hollard funeral policy ) passed! Coverage based on your stage of Life and likely risks you 'll face a Hollard Moçambique is authorised. You get the best experience on our website Services retrenchment cover instalments may also strike without warning receive lump... For medical examination car is written off may also strike without warning: Life cover cover your... Requirements retrenchment cover are involuntarily retrenched for a maximum period of 3 ( three ) per! The Legal matters covered include criminal, civil and labour matters as well identity... Credit Life cover cover for the main Life insured can also take out Credit Life cover pays monthly!