With Discovery Life, you can get upfront premium discounts and a percentage of your life insurance premiums paid back to you. We reward you for managing your health and wellness.
Get an upfront premium discount by linking your Discovery products
By linking your Discovery products to your Discovery Life Plan, you can get these upfront premium discounts
| Plan administered by Discovery Health | Vitality | Vitality drive | Vitality Active | Premium discount |
|---|---|---|---|---|
| Up to 28% |
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| Up to 20% |
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| Up to 17.5% |
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| Up to 10% |
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| Up to 15% |
A further discount of up to 15% may also apply to certain qualifying benefits.
And get up to 50% of your premiums back
The PayBack benefit provides you with valuable financial benefits throughout your policy term.
You could get a PayBack payment of
up to 50% of your premiums back every five years.
AND
up to 35% of your premiums back every year, for the first 10 years.
The level of your PayBack is broken down as follows:
up to 10%
Depending on your plan administered by Discovery Health, you can get up to 10% of your premiums back.
+
up to 7.5%
Depending on your Vitality drive status, you can get up to 7.5% additional PayBack.
up to 7.5%
Depending on your Discovery Card spend, you can get up to 7.5% additional PayBack.
+
up to 10%
Depending on your Vitality Active Rewards, you can get up to 10% additional PayBack.
=
up to 35%
If you have fulfilled all the qualifying criteria, you can get up to 35% of your premiums back every year, for the first 10 years.
Supplement your retirement savings
By managing your health and wellness effectively, you'll also receive substantial payments to supplement your retirement income through our Cash Conversion benefit.
Or find out more about other Discovery Life products:
Discovery Life Limited. Registration number 1966/003901/06, is a registered long-term insurer, and an authorised financial services and registered credit provider, NCR Reg No. NCRCP3555. Product rules, terms and conditions apply.