Momentum Myriad | Life Cover
Myriad is Momentum’s market-leading life insurance product, providing life cover to hundreds of thousands of South Africans. Like any life insurance company in South Africa, Myriad life insurance policies cover you against the risk of dying, becoming disabled or critically ill. They also pride themselves on their comprehensive and objective claims criteria.
But Myriad does something that no other life insurer does. They also cover you if you stay alive. No one wants to be a burden on his or her family if he or she runs out of money. With Myriad’s unique longevity protection benefits, they provide you with ongoing funds at various longevity milestones.
- For instance, if you survive a moderate to severe critical illness. Their payouts will continue for the rest of your life
- Or when you retire. You could get as much as 30% to 45% of your life insurance premiums back to boost your retirement savings.
- And at age 80, if you didn’t claim under our disability or critical illness benefit, they pay out a lump sum that could provide you with an additional income for up to another decade.
Every month you can save up to 60% of your life insurance premium by engaging with their wellness and rewards programme called Multiply.