Insurance benefits

The FundsAtWork umbrella funds offer a wide range of insurance benefits; amongst them group life, disability and dread disease.

FlexiCovers is an innovation that gives the members the power to control their insurance cover to suit their personal circumstance. The employer at the start chooses the default benefit for all the members. Each member can then increase or decrease this default benefit based on certain minimums and maximums.

FlexiCovers is available on the following benefits:

• PHI: Permanent Health Insurance
• PTD: Permanent and Total Disability
• CIP: Capital Income Provider
• GLA: Group Life Assurance

Family Protector

We realise the emotional strain placed on people in planning for death or disability.
To maintain the lifestyle that their family is used to, we have designed the Family Protector to provide basic payouts to cover funeral expenses, educational needs and continuation of health cover in the case of a member's death or disability. We have taken this collection of benefits a step further by allowing each member to determine the level of benefit relevant to themselves.