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At some stage, during your lifetime, you will purchase your own home. Whether you are first-time home owners or, during your later years moving to a smaller home, you will possibly be faced with a home loan that will require you to accept a life insurance policy. Some loans have life insurance already included and banks often make the granting of a loan conditional upon acceptance of life insurance cover. Remember that you are not forced to accept a specific life insurance policy; the financial institution cannot force you to accept their product. You have free choice to decide which insurer and product you wish to utilise and provide the bank with.
Individual cover, such as Pure life cover is the best option. offers the following cover options:
– will pay out, to a beneficiary of your choice, a cash amount up to R200 000 in the event of your death
- will pay out, to a beneficiary of your choice, a cash amount from R200 000 upwards in the event of your death
MOVING ? From one city to next. Inform us about details
MOVING ? Homes, inform us about details. Review need for cover
Benefits of 1Lifedirect?
What does 1Lifedirect offer?
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