Disability Income Top-Up Product (Sanlam only) – Pays an additional 25% of a member’s salary for certain causes of disability.

Limited to the lesser of 25% of monthly salary or R 65,000pm.

Medical Aid Premium Waiver Product (Capital Alliance, Hollard and Sanlam) – Pays the medical aid contributions for up to 24 months on successful Income Protection Disability claims.

Capital Alliance – R 8,500pm
Hollard – R 4,800pm
Sanlam – R 3,200pm (Member), R 2,500pm (Spouse), R 1,400pm (Child)

Employer Reimbursement Cover Product (Capital Alliance and Sanlam)
Capital Alliance – Refunds the benefit payment during the waiting period.
Sanlam – Refunds the salary during the waiting period (plus the option of additional 10 or 20%)

Cash4♥Ones (Old Mutual only) – Pays a benefit equal to three times the monthly income replacement benefit on the death of the claimant provided the employer has an existing policy with Old Mutual and provided that a beneficiary nomination form has been submitted to Old Mutual prior to the death.

Thank you and regards,
The TSA Team

You’ll find all back issues of TSA Connect by visiting our blog.

All information provided is intended to inform and explain, but please remember to always check the current terms on policies when considering options and advising clients.