Please select


For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Please select


For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Your access details have been entered incorrectly


Please note on your third failed attempt your profile will be blocked.

Username

Password

Have you forgotten your Username or Password?



Find a branch


Overdraft Debt Protection Plan


An overdraft is a good safety net to have in place to cover those unforeseen expenses that might occur. The Overdraft Debt Protection Plan offers you financial security should something happen to you. The Overdraft Debt Protection Plan covers up to R150 000 in the event of death or permanent disability and your minimum installments for 6 months in the event of retrenchment or temporary disability.

Revolving Loan debt Protection Plan


The advantage of a revolving loan is that credit is available to you when you need it without having to re-apply for the credit every time. You also have the benefit of using as little or as much of the facility as you require. The Revolving Loan Debt Protection Plan covers up to R150 000 in the event of death or permanent disability and your installments for 6 months in the event of retrenchment or temporary disability.

The Revolving Loan Debt Protection Plan covers the outstanding balance on your revolving loan for up to R150 000 in the event of death or permanent disability and your minimum monthly installments for up to 6 months in the event of retrenchment, or the minimum instalments due for up to 12 months in the event of your temporary disability.

For sales and servicing enquiries on any Debt Protection Plans, please call 087 736 7775.

Additional benefits that comes with Life Cover


  • A free, automatic Terminal Illness benefit. If you have an illness that has no known cure or cannot be cured, and your life expectancy is diagnosed to be less than 12 months, the lump sum pay-out of your cover is brought forward and your premiums and the policy come to an end.
  • The option of choosing a free Immediate Cash Benefit if you and your nominated beneficiary have been active FNB account holders for at least two years. This means that when a claim is made your nominated benefciary can be paid up to 10% of the Life Cover value within 24 hours of a claim to help them with urgent short-term expenses.

Premiums


With flexible premium structures, you can either choose premiums that increase with the same increasing cover amounts or you can choose premiums that remain the same with a lump sum death beneft that also remains the same. You also have the flexibility to choose a premium payment date that suits your cash fow.

Where you choose Increasing Premiums and Increasing Cover amounts, you may specify a fixed percentage amount by which the premiums and benefit increase each year.

Cover period


You can choose up until what age you want the policy to be in place, what we call the term of your policy, or you can elect to take out Life Cover that has a whole of life term where you stop paying premiums after your 90th birthday, but your insurance cover stays in place until your death.

Who can apply


South African citizens with a valid SA Identity Document and an FNB bank account

  • Minimum entry age is 18 years
  • Maximum entry age until 60 years

You have the option of combining a Life Cover policy with either Disability or Critical Illness cover:

  • Disability cover offers protection against permanent disability
  • Critical Illness cover pays out for a range of 33 different conditions or illnesses

Disability cover


Not being able to care for yourself means that your cannot carry out what we call 'activities of daily living', such as washing yourself, feeding, dressing or getting in and out of bed.
There are no waiting periods for Disability Cover

If you do take out Disability cover you need to tell us if you change your occupation as this may result in an adjustment to your policy.

Premiums Cover period Cover amounts Who can apply

Premiums


Unless you choose otherwise, you pay a monthly premium which remains the same for the duration of the cover. You might wish to choose Increasing Premiums and Increasing Cover amounts, where you specify a fixed percentage by which the premiums and cover increases each year.

Cover period


You can choose how long you want the policy to be in place, what we call the term of your policy, or you can elect to take out Disability Cover until the age of 65 years

Cover amounts


The minimum level of cover you can get is R200 000, while the maximum is R10 000 000. The actual cover amount will depend on your income and age.

Who can apply


South African citizens with a valid SA Identity Document and an FNB bank account

  • Minimum entry age is 18 years
  • Maximum entry age until 60 years

Critical illness cover


There are no waiting periods, so you are covered as soon as the policy comes into effect. Your premiums will be waived for 6 months if you make a claim.

Critical Illnesses that are covered Cover period Cover amounts Who can apply

Critical Illnesses that are covered


  1. Heart attack
  2. Coronary Artery Bypass Graft (CABG)
  3. Stroke
  4. Cancer
  5. Severe aplastic anaemia
  6. Cardiomyopathy
  7. Heart transplant
  8. Heart valve replacement
  9. Peripheral artery disease
  10. Primary pulmonary hypertension
  11. Surgery to the aorta
  12. Alzheimer's disease
  13. Motor neuron disease
  14. Multiple sclerosis
  15. Benign brain tumour
  16. Cerebral malaria
  17. Dementia
  18. Muscular dystrophy
  19. Parkinson's disease
  20. Lung transplant
  21. End-stage respiratory failure
  22. Rheumatoid arthritis
  23. Polyarteritis nodosa
  24. Systemic sclerosis (scleroderma)
  25. Paraplegia, Hemiplegia, Diplegia and Quadriplegia
  26. End-stage liver failure
  27. Liver and pancreas transplant
  28. End-stage renal failure
  29. Kidney transplant
  30. Loss of hearing
  31. Loss of sight
  32. Major burns
  33. Coma

Cover period


You can choose how long you want the policy to be in place, what we call the specified term of your policy, or you can elect to take out cover that has what is called a whole of life term. You stop paying premiums after your 90th birthday, but your insurance cover stays in place.

Cover amounts


Critical Illness Benefit amounts offer minimum cover of R200 000, and a maximum cover of R5 000 000. Your income and your age will influence the level of cover you qualify for.

Who can apply


South African citizens with a valid SA Identity Document and an FNB bank account

  • Minimum entry age is 18 years
  • Maximum entry age until 60 years

Insurance


Talk to me about Insuring

Taking on debt shouldn't mean taking on a burden for your family. Insure against this eventuality.

What this means for you


Knowing you're protected

Debt in some form is almost unavoidable in modern life. There are good and necessary types of debt which allow you to generate income and increase your net worth. However, even these can instantly turn from a positive into a negative if you suffer a setback which affects your ability to earn a living. In those circumstances, even 'good' debt could quickly become a burden to you or your family if you found yourself unable to manage your obligations

That's where debt protection comes in - providing peace of mind with the knowledge that your outstanding debt will be covered in the event of death, disability or retrenchment.

 

Debt protection plans


 

Overdraft

A safety net for your overdraft in case of unforeseen expense.

Read more

Revolving Loan

Covers up to R150 000 in the event of death or permanent disability

Read more

 

Life Insurance


Make sure you're covered

Life insurance is never an easy conversation to have, yet if you understand the benefits and you deal with a trusted brand and financial advisor, you can avoid a situation where you end up wondering 'if only I had...'

To explore your options and take up Life Cover from Firstrand Life:

Whether your needs are to:

  • maintain your lifestyle and pay off debts should anything go wrong
  • to protect your family's lifestyle, or
  • to help you plan ahead in case of disability or critical illness

FirstRand Life has designed cover that matches your needs, with cover amounts that are based on your life stage, your health, your affordability and your occupation.

This is complemented with our straight forward claims process where we'll be on-hand to guide you through the process step-by-step.

Life cover


Providing lump sum payment

You may be interested purely in Life Cover, which includes some automatic and optional benefits, or you can elect to combine Life Cover with Disability and/or Critical Illness cover. The Life Cover beneft provides a lump sum payment to either your beneficiaries or Estate after your death.

To explore your options and take up Life Cover from FirstRand Life:

  • Request a 'Call Me Back' , or
  • Log in to your Online Banking profle
 

Disability cover


No waiting periods

Disability Cover is designed to help you financially if something happens that prevents you from being able to ever again do your occupation, or if you cannot care for yourself anymore.

There are two types of Disability benefits you can combine with Life Cover:

  • Standalone Disability, where even if you make a Disability claim your Life Cover amount is not reduced or affected in any way
  • Accelerated Disability, where in the event of a claim, your Life Cover lump sum beneft reduces by the amount paid for Disability and your premiums are recalculated for the remaining duration of your Life Cover
 

Critical illness cover


Two types of cover offered

Critical Illness Cover is optional and can be combined with Life Cover. Becoming critically ill can have a financial impact on you and your family, so this insurance enables you to protect against the negative financial impact caused by suffering from a critical illness.

There are two types of Critical Illness benefts you can choose from:

Standalone Critical Illness


Allows you to claim up to three times

Accelerated Critical Illness


Allows you to claim once, and in the event of a claim, your Life Cover lump sum amount reduces by the amount claimed for Critical Illness. Your premiums and lump sum benefit amount will be recalculated for the remaining duration of your Life Cover

Applying made easy


Insurance

Qualifying criteria

Earn between R750 000 and R1 499 999 p.a. to qualify

Apply now!

Other ways to apply

Find a branch

Contact your Private Banker

Documents needed

  • South African ID book (bar-coded)/valid South African passport (SA resident)
  • Passport with valid work/retirement permit (non-SA resident)
  • Proof of residence (in your name, and not older than 3 month's)
  • Latest payslip or last three months' bank statements (for overdraft applications only)