Posted on Sep 18, 2021 by Staff Writer
Life insurance should be seen as one of the best things that you can ever gift your loved ones. Beating around the bushes won’t help you secure your loved one’s future. There are many investment vehicles that you can invest in such as annuities or retirement income but none of them beat inflation as life insurance does.
Getting a life insurance policy should be your priority unless you have a trust fund or other types of investments. With a life insurance policy, you will be able to live with peace of mind knowing that your family’s financial needs will be taken care of should anything happen to you.
Dial Direct offers life insurance that will safeguard the dreams that you have for your family should you die. With Dial Direct Life Insurance, you can add up to 10 beneficiaries to your life insurance. The cover money is claimed according to your beneficial sharing stipulations.
The cover from the insurer is flexible and comes with benefits. It is easy to get the Dial Direct Life Insurance cover and to make a claim. You can get a quote or make a claim online. As a policyholder, you can access the Dial Direct portal that will allow you to make adjustments to your policy.
Dial Direct Life Insurance Products
Dial Direct Life Insurance covers clients from several eventualities and gives reasonable assurance that should something happen to you, your beneficiaries will be paid according to your life cover specifications.
There are three life insurance products that are offered by Dial Direct. These include Pure Life Insurance, Dread Disease Insurance, and Disability Insurance. We explain all the three life insurance products below.
Pure Life Insurance
Pure Life Insurance is a comprehensive life cover that covers you for life. You can get covered for R50,000.00 to R10,000,000.00. You can cover up to 10 dependents of your choice on the comprehensive Pure life cover.
If you are with comprehensive Pure life insurance, you don’t need to have a funeral cover since the cover pays a portion of your cover out as soon as you die. The policy pays out R50,000.00 that goes towards the funeral expenses within 48 hours of making a successful claim.
There is no waiting period for accidental death. Death due to natural causes is covered after the first two years from paying your first premium. Death due to suicide is also covered after the first 2 years from taking the policy.
Should you wish to increase the cover amount on your cover you can do so. The comprehensive Pure life insurance comes with Guaranteed Assurability which allows you to increase your cover amount when you need to.
The policy allows those who suffer a terminal illness to benefit before they die. This benefit is only for those that are diagnosed with a terminal illness and are given less than a year to live. The policy will make a payout of the entire cover to such persons.
Dread Disease Insurance
Comprehensive dread disease insurance is an insurance package from Dial Direct that covers you for unexpected diagnosis of a dread disease. The insurance cover pays out a percentage of the cover in a tax-free lump sum.
The cover starts from R50,000.00 to R4,000,000.00. Dread disease cover doesn’t stop at any time, so you are covered for life. Premiums to the cover do not increase for the first 24 months from taking the policy.
There are no medical exams to get the cover, only an HIV test is performed. The cover doesn’t have any waiting period, so you are covered immediately after accepting the dread disease cover quote.
Competitive Disability Insurance
Comprehensive disability insurance from Dial Direct is disability insurance that covers you should you become partially or fully disabled. The cover starts from R50,000.00 to R10,000,000.00. Money is made available to you after a successful claim.
Premiums on the disability insurance remain the same for the first 2 years from the day you accept your disability insurance quote. You also get to increase your cover amount whenever you want to enhance your lifestyle.
There are no medical exams when taking the disability cover except for an HIV test. You get covered from day one, therefore, there is no waiting period.
Dial Direct Life Insurance Extended Benefits
You get benefits that are not related to your health after taking the Dial Direct Life insurance. You get to receive a once-off 500MB data when you activate your policy. Data is sent to you and comes with an option to use it on an AlwaysOn Hotspot.
You get access to the Dial Direct mobile App. The app allows you to make Express claims and track your claims. The policy also comes with assist benefits. Assist benefits include medical, home, trauma, roadside & towing, and legal assist benefit. These are there to help you during times of emergency.
Dial Direct Life insurance comes with plenty of advantages that include benefits and low premiums. It is surely a reasonable insurance policy that anyone shopping for life insurance should consider.
It is important that you live a healthy lifestyle so that you can get your premiums reduced. Keeping away from smoking and habitual drinking can be a good starting point.
Ensure that your estate has knowledge about your life insurance policy. This will help your beneficiaries tremendously in the future when you are no longer around.
There is over R45 billion Rands that is unclaimed from insurance companies, therefore, by adding your policy on your Will, you eliminate the chances of your policy being unclaimed.
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