There are no second chances when it comes to having the right life cover
It need not be daunting… You can get sufficient quality life cover with us. It's transparent and easily-tailored to suit your needs - and pocket!
Life cover is important,
and here's why:
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Meet Mandy.
Mandy's mother always made sure her children were provided for, and knew the risks early enough to take out a sturdy life policy.
Sadly...
Mandy lost her mother at 16 - fortunately with the proceeds from her mom's life insurance, she and her sisters were able to settle debts and continue to live their life.
And now...
Mandy is always told she is just like her mom, and just like her mom she took out a MyCover™ life policy with us for less than R 400 per month to make sure her family is protected like she was.
Why do your life cover with Capital Legacy?
Because our life insurance
puts your beneficiaries first
The Cover
It's smart to opt for a comprehensive cover that includes illness and impairment, creates a trust for your children, and lasts your whole life without any executor or trustee fees.
The Premiums
Our insurance plans offer fair pricing with sustainable premium increases below the industry average and flexible options for premium payment.
The Process
With the convenience of choosing to work with us directly or through your advisor, no need for medical testing in most cases, and the added benefit of getting your will done quickly and easily, our services provide a hassle-free solution.
Over 9 000 financial advisors
already choose us to help their clients
Did you know…
Capital Legacy was the first to bring a life cover that automatically creates a trust for your children with no costs attached for it.
Get an idea of what your life insurance costs
Our quality life insurance ensures that neither you or your beneficiaries are left
short-changed.
Use the below to slide left or right and see how much our cover may
cost you.
Your life insurance need
Optional disability cover
Our solution for life insurance is of MyCover™ and disability cover of of MyAbility™ from only
per month
*
We apologize for any inconvenience caused, but our product is exclusively available to individuals with a monthly income of R17 500 and above.
*Based on a 41-year-old
male non-smoker.
All quotes are subject to medicals.
We apologize for any inconvenience caused, but our product is exclusively available to individuals with a monthly income of R17 500 and above.
Total MyCover™ of
and MyAbility™ of
from only
pm*
Tap here for more information
While we can’t promise that you’ll live forever...
Our flexible life cover keeps you ahead of the game - and with more benefits: comparably better rates, a plan that can seamlessly integrate with your will and estate, a hassle-free solution that ensures that your life cover is used the way you intended, and much more.
Up to R 15 000 000 life cover
Easy application process
Impairment and critical illness cover
You can lean on one of our friendly life cover specialists to get the right deal, quickly & easily
MyCover™ options
Choose an option that suits you and your pocket
With Protected Cover
A non-accelerated option which means, if you had to claim on your disability cover, the benefit for your life cover will not be affected.
With More Benefit
Increase your life cover amount at cost price.
With Less Premium
Get a significant monthly premium discount
With Cash Back
Receive up to 12 months’ premiums back in cash, every 5 years.
Frequently asked questions
Is it compulsory for Muslims to draft a will?
Yes, it is compulsory. Islamic law is currently not recognised in South Africa and if there is no Islamic will, or any will for that matter, the Intestate Succession Act would govern the administration of the estate. The Prophet Mohammed, may peace be upon him, stated that it is unlawful for a Muslim to let three nights go by without drafting a will. This underscores the importance of a will in the Islamic faith. If you live in a country that does not recognise Islamic inheritance law, then the aforementioned hadith would be even more relevant to you.
What happens to my home if I die without a will?
Regardless of whether you have a will or not, your estate will still need to be administered when you pass away, and this will be overseen by an executor. However, when you pass away without a valid will (intestate), your assets will be distributed to your heirs based on the Intestate Succession Act no 81 of 1987. Therefore, if your property is portioned into a few inheritances then the executor of your estate has the authority to sell it and distribute the proceeds to the various heirs or the executor may sell it in order to cover outstanding debts and taxes due, should there be little or no liquidity in your estate. Your descendants, however, could decide how to distribute their joint inheritance. If they decide to co-own the property, then it will be transferred into all their names.
What is BeneFactor™?
BeneFactor™ is the built-in feature of MyCover™ that gives you three different ways to structure your life cover benefit. You can choose the option that best suits you and you can change whenever you want.MORE BENEFIT - Secure more life cover at lower rates. This means, based on your unique risk profile, we can secure additional cover for you (over and above the requested amount) at a cheaper rate which results in you benefitting from increased life insurance cover at substantially reduced rates.LESS PREMIUM – Reduce your monthly premiums without sacrificing cover. If cash flow is tight, you can select the LESS PREMIUM option which reduces your monthly premium but does not reduce your requested cover amount.CASH BACK – Receive up to 12 months premiums cash back every five years. Benefit not only from our reduced rates every month, but we’ll also pay you back a cash lump sum every five years equal to roughly 12 months’ worth of premiums.
Do I pay Executor’s fees on MyCover™?
No. Because MyCover™ is an extender benefit of the Legacy Protection Plan™, all your executor fees are indemnified regardless of who the nominated beneficiary is. If your life cover from another provider pays to an individual, it wouldn’t attract executor’s fees. However, life cover from other providers that pay to your estate or a trust will attract executor’s fees which can be charged at 3.5% plus VAT.
How does BeneFactor™ work?
Through BeneFactor™ there are three different ways to structure your life cover: You can opt to secure more life insurance cover at cost. What this means is that based on your personal demographic and health profile we can secure cover for you at a cheaper rate which results in you benefitting from a high life insurance cover, at an industry-comparative premium. Considering our ability to secure cover for you at a cheaper rate based on your demographic and health profile, you can opt to take just enough cover at a cheaper premium, ensuring you still provide for your loved ones with an option that suits your financial position the best. The third option is to secure life cover that is marginally more than you would have secured and receive cash back every five (5) years, that is equivalent to approximately one year’s premiums.
How much MyAbility Cover™ can I get?
MyAbility Cover™ is an accelerator extender of the MyCover™ benefit. You can secure up to R5 million in severe illness and impairment cover.
Not to brag, but we're kinda good at what we do.
Don't take our word for it though...