Discovery Life
Discovery offers a range of life insurance options to suit any lifestyle at an affordable premium. But life insurance is about more than life cover – we also offer flexible and customisable benefits that ensure that you are financially protected in case of disability, severe illness, or loss of income.
- Life insurance for you and your family: THE CLASSIC AND ESSENTIAL LIFE PLAN. Flexible personal financial protection with illness and disability benefits at a cost-effective premium that rewards you for living a healthy life.
- Personal life assurance for your business: THE BUSINESS LIFE PLAN. Your Discovery Business Life Plan can cover business owners for disability, severe illness and death with a range of comprehensive benefits.
- Protection for clients with R10 million or more in cover: THE PURPLE LIFE PLAN. Available to clients with more than R10 million in life insurance and offers customisable benefits, covering the full range of possible life-changing events.
- Tailored life cover for people under 30: THE SMART LIFE PLAN. Life insurance designed to financially protect and reward young adults, with up to 100% of your premiums back for living healthily.
- Life insurance that pays out in US dollars: THE DOLLAR LIFE PLAN. Comprehensive life insurance with illness and disability benefits that pays out in US dollars and rewards you for living healthily.
- Protect your children’s education: GLOBAL EDUCATION PROTECTOR. Cover for your children’s crèche to university education fees if something happens to you. Plus, get up to 100% of your child’s university fees funded.
- Life insurance for you and your family: THE CLASSIC AND ESSENTIAL LIFE PLAN. Flexible personal financial protection with illness and disability benefits at a cost-effective premium that rewards you for living a healthy life.
Discovery offers a range of life insurance options to suit any lifestyle at an affordable premium. We believe that life insurance is about more than life cover. That’s why we also offer flexible and customisable benefits that ensure that you are financially protected in case of disability, severe illness, or loss of income.
Capital Legacy
MyCover™ putting your beneficiaries first.
A comprehensive solution that includes optional illness and impairment cover, creates a trust for your children, and lasts for the remainder of your life, with no executor or trustee fees.
The cover
Our insurance plans offer fair pricing, sustainable premium increases below the industry average, and flexible options for premium payment and benefit reimbursement.
The premiums
With MyCover™, we offer a hassle-free solution. You can choose to work directly with us or through your advisor, there is no need for medical testing in most cases, and you have the added benefit of getting your will done quickly and easily.
The process
Get life insurance that’s transparent and tailored to suit your needs – and your pocket.
It just makes sense to do your life insurance with the people you trust to do your will.
The power of integration.
Our life insurance was designed to integrate with your will and Legacy Protection Plan™ to meet all your financial estate-planning needs. With the power of integration, we provide financial certainty for your loved ones to ensure you leave a lasting legacy.
Will integration
It integrates with your Capital Legacy will to ensure you make the correct beneficiary nominations.
Up to R15 million
life cover Our flexible life insurance keeps you ahead of the game – with added benefits at comparably better rates.
Save on fees
Save on executor and trustee fees – life insurance that pays to your estate is indemnified against estate fees, ensuring all your life insurance is used for what you intended.
Convenient & easy
It is a convenient and easy application process with streamlined underwriting.
MyAbility Cover™
This is an optional benefit for both impairment and critical illness.
- The combination of impairment and critical illness means you are covered for both and if the benefit goes unused, it will pay out with your life insurance and not fall away.
- Up to R5 million cover.