Experience 100% payouts for all Category A and B disability events, and total payouts of up to five times higher than traditional lump-sum disability products through the MedTech Booster Benefit, with the LifeTime 300 Capital Disability Benefit.
LifeTime 300 Benefits = LifeTime 200 premiums for five years
By selecting the LifeTime 300 Capital Disability Benefit, you can get at least 100% payout for all Category A and B disability events. In addition, conditions associated with high-cost assistive devices qualify for the MedTech Booster Benefit that pays up to 200% of your insured amount. This allows you to get a total payout of up to three times higher than traditional lump-sum disability products on a Category A disability, and up to five times higher on a Category B disability.
Through this offer, you are able to access this market-leading benefit at a highly competitive premium of, on average, 20%* better than the rest of the market on a five year, net cashflow basis. That's a 20% better value proposition despite being eligible for payouts of up to five times higher than the rest of the market.
*Assumptions: Average of 36 sample points covering male non-smokers aged 25, 35, 45, who are SE Class 1; age-based funding pattern; across our largest competitors and is inclusive of upfront discounts provided by these competitors. Capital Disability sum assured of R1.6 million. Discovery's Classic Life Plan with the Comprehensive Health Integrator on a Comprehensive Health Plan, Gold Vitality Status progressing to Diamond after three years with R6 000 in qualifying Discovery Health claims. Based on Internal Discovery Life Research.
The LifeTime 300 Capital Disability Benefit Limited offer
To give you access to the world's first disability product focused on enabling clients to regain their pre-disability lifestyle, clients who take out the LifeTime 300 Capital Disability Benefit will pay the same premium as the LifeTime 200 Capital Disability Benefit for the first five years.
By selecting the LifeTime 300 Capital Disability Benefit, you can get at least a 100% payout for all Category A and B disability events; and conditions associated with high-cost assistive devices qualify for the MedTech Booster Benefit, increasing the total payout to up to 300% of your insured amount. This means you could get a total payout of up to three times higher than traditional lump-sum disability products.
|Experience the best of both||Available to new and existing clients||Up to five time the payouts of traditional disability products||Experience the best value proposition in the market|
|Get the LifeTime 300 Benefit for the same premium as the LifeTime 200 Benefit for five years.||Over 100 000 Discovery Life clients can upgrade to take advantage of this offer.||Get automatic Category B upgrades to 100% and payouts of up to 300% of your insured amount through the MedTech Booster Benefit.||Get the most advanced protection in the market, at a 20% better five-year value proposition.|
Through this offer, you are able to access this market-leading benefit at a highly competitive premium.
Want to find out more about this benefit or increase your cover? Contact your financial adviser.
Discovery Life Limited. Registration number 1966/003901/06, is a registered long-term insurer, and an authorised financial services and registered creditprovider, NCR Reg No. NCRCP3555.
Get up to 50% of your premiums back in cash for living a healthier life
By simply linking your Discovery Life Plan with your other Discovery products and for managing your health and wellness you can receive a percentage of your premiums back every five years. Integration allows you to receive up to 50% of your qualifying premiums back every five years. Read more about why you need life insurance.
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