Hollard Life Insurance provides flexible life cover options suitable for a wide range of income levels. With cover starting from R250,000 and no upper limit, Hollard caters to users seeking basic to comprehensive protection. Its standout feature is a 20% cashback benefit after 5 years, with coverage available without medical exams—only a family medical history disclosure is required.
📋 Available Plans
Hollard offers three main life insurance plans in 2025:
| Plan Name | Cover Range | Medical Required | Key Highlights |
|---|---|---|---|
| Hollard Life Cover | Up to R1.2 million | No exam (just family history) | 20% cashback after 5 yearsDisability up to R10mCritical illness up to R5m100% payout on terminal illness |
| Specialist Life | R30,000 – R150,000 (+ funeral) | No exam | 12 months’ income assistanceEducation Provider Plus add-onLegal & repatriation services |
| MyLife & More | Fully customizable | Based on options selected | Spouse cover up to R450kFuneral cover for family membersDisbursement over up to 84 monthsContents/settlement add-ons |
🧩 Plan Details
1. Hollard Life Cover
- 21% premium range (based on risk profile)
- Includes disability (R10m) and critical illness (R5m)
- 20% cashback after 5 years (for active policies)
- 100% terminal illness payout (life expectancy under 12 months)
2. Hollard Specialist Life Plan
- Funeral cover: up to R75,000
- Monthly assist payouts: between R1,000–R6,000 for 12 months after death
- Comes with legal and repatriation services
- Adds Education Provider Plus for children’s schooling support
3. MyLife & More Plan
- Covers spouse, children, parents, and relatives
- Adds Home Contents Insurance up to R50,000 as optional extra
- Beneficiaries can receive payouts over up to 84 months
- Includes default funeral benefit and repatriation support
👍 Advantages
- 20% cashback reward after 5 years
- No upfront medical exams for most plans
- Disability and critical illness coverage available at high limits
- Inclusive family funeral cover
- Education savings add-on (Specialist and MyLife plans)
- Monthly assistance adds value during bereavement
👎 Disadvantages
- Premiums may not be locked in with inflation adjustments
- Lack of premium guarantees may concern long-term planners
💡 Is Hollard Right for You?
- You want no-medical, high-limit life, disability, and critical illness cover
- You want a cashback benefit, effectively growing your money
- You prefer to customise coverage for family members and additional protections
However:
- If you want locked-in premiums for a set term, another insurer might be preferable
- If you don’t value monthly assistance or cashback features, simpler policies may be more competitive
🧠 Final Verdict
Hollard Life Insurance is a top-tier option in 2025 for those seeking flexible, high-value cover with a built-in cashback mechanism. Its no-medical exam entry and ability to include disability and critical illness make it ideal for individuals aiming for comprehensive protection. Just be prepared for annual premium adjustments. Overall, it offers excellent value and adaptability.
📌 Key Takeaways
- Start your cover from R250,000 (up to unlimited)
- No medical exams—family health history is enough
- 20% cashback after 5 years strengthens your long-term return
- Optional disability, illness, funeral, and family cover add-ons
- Ideal for those looking for comprehensive, flexible life solutions
