Specialist
Life Cover
Design your ideal life cover to suit your lifestyle with Hollard Specialist Life Cover
Features and benefits
We are not all built the same, which is why some of us need more tailored options in terms of life cover too.
Hollard Specialist Life Cover is the answer to that, offering a range of features and benefits as well as the peace of mind that your loved ones will be taken care of after your passing.
Hollard Specialist Life includes Cover for Life and Cover for Funeral.
Hollard Specialist Life Cover is for you if...
you are between the ages of 18 to 65.
Key features
- Receive rewards - from a percentage of your life cover premiums back as cash every 5 years.
- Easy application - no need for medical examinations or HIV tests.
- Monthly Assistance – provides a monthly payout for a period of 12 months on the death of the insured policyholder.
- Legal assistance when you need it – via a dedicated legal helpline offering advice and guidance on legal matters.
- Flexibility - adjust your premium payments with a choice in annual premium increases. Cover also increases at a percentage of the premium increases.
- Repatriation – get coverage for the transportation of the body if the distance of transportation is more than 100km from the point of death in South Africa.
What makes Hollard Specialist Life Cover different?
Fully flexible product to meet your needs. Offering a Funeral Plan, Life Cover, Savings Benefit and other rider benefits to cater for your risk cover needs.
Who can be covered?
- You, as the insured policyholder.
- Your spouse.
- Up to 6 children, 8 extended family members including parents.
I would like to talk to someone
Send us your details and we will give you a call.
Questions about Hollard Life Insurance?
Call Policy Administration & Claims on
0800 935 465 or email
mypolicy@hollard.co.za
Choose one, two or all of these benefits to add to your Hollard Specialist Life Cover policy
Select Funeral
Cover ranging from R10 000 to R60 000 per person.
Select Life
Cover ranging from R30 000 to R150 000 per person.
Select Monthly Assistance
Cover ranging from R1 000 to R6 000 per month, for 12 months.
Additional benefits at no extra cost
- Savings Unit Benefit allows you to save towards any medium-term goal (minimum 5 years) e.g. house deposit, a birthday bash or just an emergency fund for a rainy day.
- Road Cover - A benefit that provides immediate access to an effective Road Accident Fund (RAF) claims management system if anyone insured under this policy becomes a victim of a motor vehicle accident.
- Lawcall – A sharecall helpline service that gives the lives insured access to advice on legal or tax problems, at no additional premium.
Related products
I would like to talk to someone
Send us your details and we will give you a call.
Frequently asked
questions
What are your business hours?
Our Client Service contact centre on 0860 734 368 is open from 8:00 to 17:00, Mondays to Fridays. Alternatively, you can e-mail us at clientservices@regent.co.za or fax: +27 (0)11 574 2828 for more information.
How does the Cash Back Benefit work?
If your life cover policy is active and your premiums are up to date, you will receive a cashback payout at the end of every five years. This pay-out is equivalent to 10% of all the risk premiums (excluding savings and administration fees) you have paid in the past five years. This Cash Back benefit is not payable if Regent Life pays your monthly premiums.
Do you offer an option to ensure my policy keeps up with the rising cost of living by selecting an annual premium increase?
Yes, you can choose to increase your annual Hollard Specialist Life Cover premium by 5%, 10% or 15%. This option increases your premium and your benefits as follows:
Premium increase |
Related benefit increase |
|---|---|
| 15% | 9% |
| 10% | 6% |
| 5% | 3% |
Can I make changes to my policy?
Your life cover policy may be amended at any stage after the activation date. Please remember that a waiting period will be applicable from the date of the change when you:
- add additional family members.
- increase the cover amount.
- add a benefit to your policy after the date of activation.
Please make reference to your policy terms and conditions for the time frame applicable to the different waiting periods. Your financial adviser and/or our call centre agent can also provide you with this information.
What changes are allowed on my policy?
You are allowed to:
- Increase or decrease the amount of your life cover. Download and complete the Application to Amend Policy Form.
- Add or remove a family member. Download and complete the Application to Amend Policy Form.
- Change the beneficiary on your policy. Download and complete the Beneficiary Nomination Request Form.
- Change your details, for example, your contact details, such as your telephone numbers and address details. Download and complete the Application to Amend Policy Form or you can send us a signed notice in writing.
Please explain the term non-Forfeiture.
Non-forfeiture is only applicable when you have a product where there is a combination of risks and investments benefits.
- The policyholder’s policy will go into non-forfeiture due to unpaid premiums.
- During the period that your policy is in non-forfeiture, the risk premium (including administration fee) will be paid from the investment reserves on his policy, to protect your risk-benefit and policy from lapsing.
Please explain the term "Paid-up".
Paid-up is only applicable when you have a product where there is an investment benefit either as
- a stand-alone savings.
- This will result in the policyholder not having to contribute further to the investment reserves (paying a monthly premium). Going forward, the value will depend on the market performance of the investment portfolio.
- part of a combination of risks and investments benefits.
- This will result in the policyholder not having to contribute further to the investment reserves (paying a monthly premium). Going forward, the value will depend on the market performance of the investment portfolio.
- This will result in all other risk benefits being terminated.
Please give a breakdown of your benefit classifications being risk, investment, value-add and fees.
Benefits |
|
|---|---|
| Immediate Family Funeral | -Risk |
| Parents and Extended Family Funeral | -Risk |
| Waiver of Premium | -Risk |
| Monthly assistance – death due to an accident or natural causes | -Risk |
| Life cover | -Risk |
| Savings units | -Risk |
| Income protection for accidents | -Investment |
| Retrenchment | -Risk |
| Personal Accidental | -Risk |
| Cashback | -Risk |
| Monthly assistance – death due to an accident | -Value add |
| Repatriation | -Risk |
| Lawcall | -Value add |
| Unemployment due to retrenchment or pregnancy | -Risk |
| Administration fee | -Fee |
I would like to make use of the Repatriation and the Lawcall services, who do I contact?
Contact us on 0860 373 436. This service is available 24/7, 365 days a year.