None of us can control the eventualities we experience in our lives, but we can prepare for the unexpected. When you can no longer provide for your loved ones, Budget Life offers a couple of solutions and life insurance products through the partnership of 1Life.

Products From Budget Life

• Budget Life Basic Insurance
• Elevated Life Insurance
• Dread Disease
• Disability

Budget Life Basic Life Insurance Benefits

• An amount of R50,000 funeral benefit is paid to the beneficiaries that appear on the life insurance schedule. This is paid out within a 48-hour period after valid claims have been submitted
• If diagnosed with a terminal illness and the life expectancy is 12 months, the cover amount is paid out to the insured
• Natural causes are covered after a two-year period
• Pay-outs are paid out from R50,000 to R200,000 to your beneficiaries
• You qualify for cover throughout your life
• Budget Life pays out immediately for accidental death
• Suicide is covered after two years
• Confidential testing for HIV through the Expo-Sure treatment programme when clients are accidentally exposed to HIV are offered

Elevated Life Insurance Benefits

• Beneficiaries receive pay-outs from R200,000 to R10 million when the insured dies
• R50,000 funeral benefit is paid to the life insured’s beneficiaries and is paid out within a 48-hour period after valid claims have been submitted
• Terminal illness benefit for those individuals that are diagnosed with a terminal illness and are expected to live for less than 12 months will be paid out (cover amount)
• There is a ‘Guaranteed Assurability’ option. This means that consumers are given the option to increase the cover amount for lifestyle changes
• You can enjoy cover for your whole life
• Elevated Life Insurance offers immediate cover for accidental death
• Elevated Life Insurance also offers cover for the entire life of the insured
• Suicide is covered after two years
• Confidential testing for HIV through the Expo-Sure treatment programme when clients are accidentally exposed to HIV are offered

Budget Life Insurance by 1Life offers to add value to your life insurance by adding Dread Disease and Disablement Insurance options.

You are never too young or healthy to invest in life insurance; as a matter of fact, the younger and healthier you are, the more cost-effective your monthly premium will be, as it is calculated based on your health, lifestyle, age, gender, and line of work.