Budget Life Insurance

Budget knows that death, critical illness, and disabilities are out of one’s control, this is why they want to help you be in control when you are taking care of your family. Life cover is one thing you can get, and your family will benefit from this finances if something is to happen to you.

Budget has partner up with 1Life and gives you more options and offers to choose. You should keep in mind that bad things happen to young and healthy people as well, so it is still necessary for you to get the appropriate insurance to take care of your relatives.

They have two types of offers to look at:

The first is a basic plan that includes the following:

  • Cover between R50 000 – R200 000
  • An R50 000 funeral benefit that is paid out within 48hours
  • A terminal illness benefit
  • Natural death after two years of cover
  • Coverage for your whole family
  • Accidental death benefit (after two years)
  • After two years of protection, suicide will be covered
  • Expo-Sure benefit, HIV testing and accidental exposure and treatment for HIV

The second option is an extended policy:

  • Policy amount between R200 000 – R10 million
  • An R50 000 funeral benefit that is paid out within 48hours
  • Critical illness benefit
  • Guaranteed Assurance, you can increase your cover amount if your lifestyle changes
  • Coverage for your whole family
  • Immediate protection for accidental death and natural death
  • After two years of protection, suicide will be covered
  • Disability and dread disease benefit
  • Expo-Sure benefit, HIV testing and accidental exposure and treatment for HIV