African Bank Insurance

African Bank Insurance

Insurance


  • However you imagine your future, planning is important and improving your finances is often a top priority.
  • Our loans products are designed to support you with your plans, giving you funancial aid during time when perhaps your priorities don’t fit your pocket.
  • Whether your’re buying a car, renovating your home or putting money towards anything else.

Funeral Insurance

  • The loss of a loved one can be very traumatic.
  • Not only do you have to deal with the emotional turmoil, you also have to make sure that all the funeral arrangements run smoothly.
  • You deserve funeral cover that allows you peace of mind.
  • With African Bank’s Funeral Insurance, we guarantee to pay out approved claims within 24 hours of approval; we’ll pay double if we don’t!

Those who are self-employed or pensioners are only covered for death and disability on Loan and Credit Card debt. Any Credit Card transactions made after the date of an insurable event are not covered.

Retrenchment, short time and compulsory unpaid leave are not covered for the first 90 days after your Policy has been opened, or in cases where:

  •  You were aware of your retrenchment before you opened the Policy
  •  You take voluntary retrenchment
  •  You resign or retire
  •  You are involved in strikes or lock-outs
  •  You voluntarily forfeit your salary
  •  You are dismissed because of misconduct, dishonesty or fraud

We don’t cover death or disability resulting from:

  •  Pre-existing medical conditions that you knew about 12 months before you opened your Policy
  •  Willful, self-inflicted injury or suicide
  •  Use of nuclear, biological or chemical weapons
  •  Participation in crime
  •  Hazardous activities like warlike operations, rebellion or revolution