Greenlight Life Cover

Life cover can be used to settle debt, outstanding bonds, estate duty and other financial costs in the event of death. It can pay out an income and provide financial security for your family. It also enables business partners to continue running your business without added capital strain.

The types of benefits you can expect to find within the Life Cover category are:

• Death Benefit
• Accidental Death Benefit
• Final Expenses Benefits

Death Benefit

The Death Benefit makes financial provision for dependants, debts, estate duty and many other needs. This benefit pays out a lump sum on the death of the Life Covered.

Accidental Death Benefit

The Accidental Death Benefit is a risk benefit that pays a lump sum to a selected beneficiary in the event of the Life Covered's death due to virtually any kind of accident.

Key points

• There is no medical testing.
• The benefit covers all types of accidents.

An accident is defined as an external, unexpected event that is not traceable, even indirectly, to your state of mental or physical health before the event.

Final Expenses Benefits

These benefit provides accessible cash on the death of the Life Covered, to cover final expenses such as relatives travelling to the funeral, clearing debts such as credit cards and the funeral itself.

The range offers you the choice to cover your partner, your biological or legally adopted children and up to four extended family members, including your parents.