How to apply
MyLife is currently available to all registered users of
Internet Banking. Simply select 'Insurance' under the 'Open & Apply' menu and follow these five easy steps:
- Select 'Buy Life Insurance online'.
- Complete the age, gender and smoking status questions to obtain a 'Quick Quote'. This is an indicative figure that will give you an idea of how much MyLife will cost for someone your age.
- If you wish to continue, we'll then ask you a few more questions related to your health and lifestyle. This should take you 10 to 15 minutes.
- We'll evaluate your answers immediately, and if we are able to cover you online under MyLife, you'll get a confirmed, personal quote.
- This is decision time - to buy or not to buy. To buy MyLife all you have to do is agree to our declaration, tell us your name and pay for your policy. Congratulations. You're covered.
You get a 'free look' period. If you change your mind within 15 days your premiums will be refunded, provided you haven't made a claim.
More about
If other people depend on you and your income, life cover is a way to look after them when you're gone. It could assist in paying off a mortgage, help pay for schooling and living expenses, fund an income-generating investment or allow a remaining business partner to continue without you.
Good reasons to get MyLife
- Death benefit: It can pay a lump sum (the sum insured) when you pass away, to help those left behind.
- Terminal illness benefit: If you are diagnosed with a terminal illness and are likely to pass away within 12 months, you could claim up to 100% of the sum insured.
- Underwritten by Sovereign: You have the security of knowing that your policy is underwritten by Sovereign, United States's largest life insurance provider.