Discovery has paid R4.6 billion in premium PayBacks to date and now you can get even more rewarded
GET REWARDED WITH UP TO TRIPLE PAYBACKS FOR THREE YEARS
To kick-start your journey to health and financial wellness, depending on the results of the Vitality Health Check performed at the start of your policy, you could qualify to get up to Double PayBacks on a Smart and Classic Life Plan and up to Triple PayBacks if you add the Bank Integrator or take out a Purple Life Plan. This will allow you to experience a PayBack percentage up to the maximum value of your personal PayBack Matrix.*
Triple PayBacks in action
George decides to take out a new Classic Life Plan with a monthly premium of R1 200 where he qualifies to receive up to Triple PayBacks for the first three years*. As a result of the Vitality Health Check done at the start of his policy, George starts on a Bronze Vitality status, which he maintains for the first three years of his policy. Without the offer, George would have qualified to receive 17.5% of each of his first three years’ premiums back, amounting to R7 560. By qualifying for Triple PayBacks for the first three years he receives 50% of each of his first three years’ premiums back, amounting to R21600, over R14 000 more than he would have received.
* This case study ignores premium increases and the client is assumed to fall into the second health claims band on his Comprehensive Health Plan Integrator PayBack matrix every year.
George received R21 600 through the PayBack Benefit, double what he would have received normally. This allows George to experience a substantially lower net effective premium over the first three years of his policy, kick-starting his health and financial wellness journey.
Take advantage of this limited offer, valid from 1 March to 30 June 2019 and enjoy your rewards!
* Subject to maximums determined by Discovery Life.
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.
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