The Progress Legacy Plan

Assupol Life’s complete range of insurance solutions protects you and your family against the hardships that follow death, disability and critical illness.

BENEFITS

Basic Plan

• Death Benefit which pays a lump sum upon the death of the Life Assured.

Automatically Included

• A Terminal Illness Benefit of 100% of the Death Benefit sum assured upon diagnosis of a terminal illness.
• A Pre-acceptance Accidental Death Benefit of up to R500 000 from the date of application for up to 60 days while the application is under review.

Optional Benefits

• Accelerated Disability Cover
• Accelerated Critical Illness Cover
• Accidental Death Cover
• Premium Waiver Benefits
• Assupol On-Call: Transportation of the deceased, guaranteed hospital admission and medical, financial and tutor advice lines.

FEATURES

• Minimum premium payable is R150 per month.
• Level and 5% compulsory increasing premium patterns are available.
• Voluntary premium increases of up to 20% per annum may be elected.
• Cover increases are based on the elected voluntary premium increase percentage.
• Premiums are guaranteed for 5 years.
• Premiums are guaranteed not to increase by more than 15% if premiums are reviewed.
• The Progress Legacy Plan provides whole-life cover.
• The Policy may be ceded or used as security for a housing loan.
• Medical underwriting is required.
• A financial plan designed around your risk protection needs.
• The Policy may qualify for the RA Maturity Reward if the policyholder is a member of the Carefree Life Retirement Annuity Fund.

The Progress Accident Plan

Assupol Life offers protection in the event of an accident.

BENEFITS

Basic Plan

• A lump sum is paid on the accidental death or physical impairment of the Life Assured.
• Payout percentages vary for the different claim events and are based on the severity of the claim event.
• The Accidental Death and Physical Impairment Benefit claim events and payout percentages are indicated in the following table:

  Claim event	% of cover amount
  Death	100%
  Loss of or loss of use of hand/foot/limb	50%
  Loss of or loss of use of both hands/feet or hand & foot or two limbs	100%
  Total blindness in one eye	25%
  Total blindness in both eyes	100%
  Total deafness in both ears	100%
  Total loss of speech	100%
  Major head trauma requiring ongoing supervision	100%
  Full thickness burns covering at least 20% of body surface area	100%
  Paraplegia/Hemiplegia/Quadriplegia	100%
  Bedridden - permanent confinement to bed/wheelchair	100%

Optional benefit

Assupol On-Call: Transportation of the deceased, guaranteed hospital admission and medical, financial and tutor advice lines.

FEATURES

• The Progress Accident Plan term is to age 65 of the Life Assured.
• Level premiums are payable for the Progress Accident Plan.
• Premiums are guaranteed for five years.
  Premiums are guaranteed not to increase by more than 15% if premiums are reviewed.
• A declaration of health must be completed.

Progress 4Sure Plan

Assupol Life makes life, disability and dread disease cover easy! No blood tests. Minimal underwriting required.

BENEFITS

Death Benefit

• Lump sum payable on death.
• Phasing in of cover over 18 months for death due to natural causes.
• No phasing in for claims due to accidental causes.
• R50 000 to R200 000 sum assured.

Main Life Funeral Benefit

• Automatically included for all Progress 4Sure Plans.
• No additional premium.
• 10% of the Main Life Assured sum assured capped at R10 000 are paid on death.
• Accelerated payment of the Death Benefit sum assured, and not an additional payment (i.e. claims reduce remaining Death Benefit sum assured).

Spouse Funeral Benefit

• Automatically included if Main Life Assured is married.
• No additional premium.
• 10% of the Main Life Assured sum assured capped at R10 000 are paid on death of the Spouse.
• Additional payment that does not reduce the Main Life Assured's Death Benefit sum assured.

Funeral Benefits - Children, parents and parents-in-law

• Funeral cover may be added for the children (own or legally adopted), parents and parents-in-law of the Main Life Assured.
• The Funeral Benefit sum assured may not exceed 10% of the Main Life Assured's Death Benefit sum assured to a maximum of R10 000.

Terminal Illness

• 95% of the Death Benefit sum assured is paid on diagnosis of a terminal illness in respect of the Main Life Assured.

Physical Disability Benefit

• Lump sum payout made for loss of use of limbs, senses, head trauma and other physical disabilities.
• Accelerated payment of the Death Benefit sum assured (i.e. claims reduce remaining Death Benefit sum assured).

Dread Disease Benefit

• Lump sum payout for heart attack, stroke, cancer and other dread diseases.
• Accelerated payment of the Death Benefit sum assured (i.e. claims reduce remaining Death Benefit sum assured).

ADDITIONAL FEATURES

Cover Increase Option

• Cover may be increased on certain life events, within certain parameters and after a health questionnaire has been completed.
• Automatically included without an additional premium.

Regular Premium/Cover growth

• Premium growth of 6% per annum may be elected. This will result in a 4% annual increase in benefits.

Assupol On-Call

• Optional benefit.
• Transportation of the deceased.
• Guaranteed hospital admission.
• Medical, financial and tutor advice lines.

4Sure Loyalty Reward

• After every 10 years, 10% of all Progress 4Sure Plan premiums contributed during the 10 years are refunded.
• No additional premium is charged for this feature.

OR

4Sure 100% Cashback Benefit

• After every 10 claim-free years, 100% of all Progress 4Sure Plan premiums contributed during the 10 years are refunded.
• An additional premium is charged for this benefit.
• No amount is payable if the policy or benefit is cancelled before the end of the 10-year term.

UNDERWRITING

Underwriting requirements

• No HIV test or medical tests required.
• Life Assured must be formally employed and earning at least R2500 per month.
• Recent salary statement required.