What is Old Mutual's Disability insurance?
Choosing the right cover doesn’t have to be daunting. With the help of your adviser, you just need to follow these three quick and easy steps.
Take a look at the different types of cover on offer as well as the additional benefits and add-ons
Disability Cover
Disability Income Cover
Functional Impairment Cover
Functional Impairment Income Cover
Physical Impairment Cover
Accidental Disability and Death Cover
Business Expenses Cover
Cover amount
From N$100 000 to N$30 million
From N$6 000 to N$250 000
From N$100 000 to N$30 million
From N$3 000 to N$250 000
From N$100 000 to N$4 million
From N$100 000 to N$2 million
From N$6 000 to N$250 000
Type of payout
Single amount
Monthly payment
Single amount
Monthly payment
Single amount
Single amount
Monthly payment
You need to be employed to get this cover
Choose if and how you want your cover and premium to increase
Pays for certain bone fractures
If you’re younger than 34 and work in certain professional occupations, we’ll double your increasing cover pattern for up to five years while you’re receiving monthly payments for a disability or impairment
Add on benefits at an extra cost to enhance your cover
Add on premium protection to ensure that premiums are no longer payable and cover continues if the premium payer becomes disabled, impaired, is retrenched or dies
Disability Cover
Benefits
Disability Income Cover
Benefits
Functional Impairment Cover
Benefits
Functional Impairment Income Cover
Benefits
Physical Impairment Cover
Benefits
Accidental Disability and Death Cover
Benefits
Business Expenses Cover
Benefits
Cover amount
From N$100 000 to N$30 million
Type of payout
Single amount
You need to be employed to get this cover
Choose if and how you want your cover and premium to increase
Pays for certain bone fractures
If you’re younger than 34 and work in certain professional occupations, we’ll double your increasing cover pattern for up to five years while you’re receiving monthly payments for a disability or impairment
Add on benefits at an extra cost to enhance your cover
Add on premium protection to ensure that premiums are no longer payable and cover continues if the premium payer becomes disabled, impaired, is retrenched or dies
Cover amount
From N$6 000 to N$250 000
Type of payout
Monthly payment
You need to be employed to get this cover
Choose if and how you want your cover and premium to increase
Pays for certain bone fractures
If you’re younger than 34 and work in certain professional occupations, we’ll double your increasing cover pattern for up to five years while you’re receiving monthly payments for a disability or impairment
Add on benefits at an extra cost to enhance your cover
Add on premium protection to ensure that premiums are no longer payable and cover continues if the premium payer becomes disabled, impaired, is retrenched or dies
Cover amount
From N$100 000 to N$30 million
Type of payout
Single amount
You need to be employed to get this cover
Choose if and how you want your cover and premium to increase
Pays for certain bone fractures
If you’re younger than 34 and work in certain professional occupations, we’ll double your increasing cover pattern for up to five years while you’re receiving monthly payments for a disability or impairment
Add on benefits at an extra cost to enhance your cover
Add on premium protection to ensure that premiums are no longer payable and cover continues if the premium payer becomes disabled, impaired, is retrenched or dies
Cover amount
From N$3 000 to N$250 000
Type of payout
Monthly payment
You need to be employed to get this cover
Choose if and how you want your cover and premium to increase
Pays for certain bone fractures
If you’re younger than 34 and work in certain professional occupations, we’ll double your increasing cover pattern for up to five years while you’re receiving monthly payments for a disability or impairment
Add on benefits at an extra cost to enhance your cover
Add on premium protection to ensure that premiums are no longer payable and cover continues if the premium payer becomes disabled, impaired, is retrenched or dies
Cover amount
From N$100 000 to N$4 million
Type of payout
Single amount
You need to be employed to get this cover
Choose if and how you want your cover and premium to increase
Pays for certain bone fractures
If you’re younger than 34 and work in certain professional occupations, we’ll double your increasing cover pattern for up to five years while you’re receiving monthly payments for a disability or impairment
Add on benefits at an extra cost to enhance your cover
Add on premium protection to ensure that premiums are no longer payable and cover continues if the premium payer becomes disabled, impaired, is retrenched or dies
Cover amount
From N$100 000 to N$2 million
Type of payout
Single amount
You need to be employed to get this cover
Choose if and how you want your cover and premium to increase
Pays for certain bone fractures
If you’re younger than 34 and work in certain professional occupations, we’ll double your increasing cover pattern for up to five years while you’re receiving monthly payments for a disability or impairment
Add on benefits at an extra cost to enhance your cover
Add on premium protection to ensure that premiums are no longer payable and cover continues if the premium payer becomes disabled, impaired, is retrenched or dies
Cover amount
From N$6 000 to N$250 000
Type of payout
Monthly payment
You need to be employed to get this cover
Choose if and how you want your cover and premium to increase
Pays for certain bone fractures
If you’re younger than 34 and work in certain professional occupations, we’ll double your increasing cover pattern for up to five years while you’re receiving monthly payments for a disability or impairment
Add on benefits at an extra cost to enhance your cover
Add on premium protection to ensure that premiums are no longer payable and cover continues if the premium payer becomes disabled, impaired, is retrenched or dies
- Income Extender Benefit extends the monthly payments you receive beyond the maximum of 24 months for related events.
- Sickness Benefit pays you up to 24 monthly tax-free payments for related events when you’re booked off from work because of sickness or injury.
- Family Support Benefit pays you up to three monthly tax-free payments if your spouse/partner or biological, step or legally adopted child younger than 18 has a severe illness and needs you to care for them; when your biological child is born or when you adopt a child younger than 3.
- Own Occupation Benefit pays you a single tax-free amount if you’re unable to do your job.
- Partial Functional Impairment Benefit pays you a percentage of the cover amount for less severe impairments.
- Child Impairment Benefit pays you for child impairments and birth defects.
These are the benefits you can add (at an additional cost) depending on the cover you have selected.
Our disability products are available from your financial adviser or broker. Unlike off-the-shelf products, our products are designed around what you personally need and what you can afford. Your adviser or broker is best placed to help you build your customised cover. If you don't have an adviser or broker, please call 061 299 3003 or SMS 66522.
They cover you if an illness or injury causes you to lose function in certain body parts, or leaves you unable to work or take care of yourself. You need to be employed to qualify for these products.
These products cover you for the loss of function in certain parts of the body, as well as the inability to take care of yourself because of an illness or injury. You don't have to be employed to qualify for these products.
Cashback pays back a percentage of your premiums every five years on the cashback anniversary - putting money back in your pocket.
This benefit ensures that cover continues if the premium payer becomes disabled, impaired, is retrenched or dies.
These documents contain all the rules and disclosures related to the products and the benefits available on each. They are provided to you so that you can read all the information to make an informed decision about the products and whether you should apply for them or want to see all the information before you finalise your application. This is an indication of the contract you will receive if we accept your application but that contract will only include the benefits and options you have selected and we have accepted.
To download, click on the product name of the rules and disclosures you wish to see.
COVER THAT PAYS A SINGLE AMOUNT
DISABILITY COVER
Pays if you can’t work or take care of yourself because an illness or injury has permanently disabled or impaired you.
FUNCTIONAL IMPAIRMENT COVER
Pays if you can’t take care of yourself because an illness or injury has permanently impaired you.
PHYSICAL IMPAIRMENT COVER
Pays if an illness or injury permanently physically impairs you, such as hearing loss or the loss of a limb.
ACCIDENTAL DISABILITY AND DEATH COVER
Pays if you, because of an accident, become permanently disabled and can’t work or physically impaired, or you die.
COVER THAT PAYS A MONTHLY INCOME
DISABILITY INCOME COVER
Pays if you can’t work or take care of yourself because you are temporarily, partially or permanently disabled or impaired
FUNCTIONAL IMPAIRMENT INCOME COVER
Pays if you can’t take care of yourself because you are temporarily, partially or permanently impaired.
BUSINESS EXPENSES COVER
Pays if you become temporarily, partially or permanently disabled or impaired and can’t contribute to business expenses.