A beneficiary is the person or entity that you legally designate to receive the benefits from your financial products.
It is required by law for life insurance coverage (Funeral cover) that the death benefit of your policy will pay out to the Nominated Beneficiary when you pass away.

  • We require the full ID number of your beneficiary.
  • Nominated Beneficiaries must be over the age of 18 and must have a South African bank account.