Momentum Life Insurance Review 2026
Momentum's Life Cover (also known as Myriad) offers a health-linked premium discount programme called LifeReturns®. Verified against Momentum's own site in July 2026.
Key features
- Cover: R100,000 minimum to R5 million maximum.
- LifeReturns® programme: save up to 35% on your monthly premium by completing a health risk assessment and maintaining healthy habits.
- Tax-free payouts to your beneficiaries.
- Claims are typically processed within 2–5 days.
- No payout for suicide within the first 2 years of cover.
- Claims scale: Momentum paid R5.6 billion in life claims in 2023, with no Ombud rulings against its claim decisions that year.
Momentum doesn't publish a fixed starting premium — cover is individually rated based on your age, health and the amount you need.
How to apply
Start online via Momentum's quote journey, or contact Momentum directly at +27 11 505 1199 or DigitalMyriad@momentum.co.za.
Is it worth it?
The up-to-35% LifeReturns discount is a genuine incentive if you're willing to complete a health assessment and stay engaged with the programme — it can meaningfully reduce your long-term cost versus a flat-rate policy. Compare more life insurance providers to see how Momentum's approach compares.
