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
What is EduCare™?
An estate planning product that provides dedicated cover for your children’s education and care should you become impaired, severely ill or pass away. EduCare™ is integrated with your will through a Children’s Trust™. The proceeds will be paid to the Children’s Trust™ for the trustees to allocate according to your children’s needs. This is a whole-of-life product that is fully underwritten upfront. You would pay a single premium with no need to specify each child’s details. This product covers any beneficiary of the Children’s Trust™, including grandchildren. The trustees are bound to follow the product rules to the benefit of the child.Capital Legacy’s unique approach to education protection cover through EduCare™ not only helps cover school fees but also personal care needs, stationery, sporting equipment, food, and transport.You can choose the amount needed to help cover the costs of your children’s education and care (our expert consultants will guide you). If something happens to you, we will pay your EduCare™ benefit into a dedicated Children’s Trust™ for your child. The trustees of the Children’s Trust™ will then allocate funds to help cover your children’s education and care needs based on your plan. (You can nominate a person of your choice to be co-trustee together with a Capital Legacy expert, for peace of mind). All the trust and trustee fees are indemnified, ensuring that the full values go towards your children’s education and care.
Why do you need life cover and EduCare™ (education cover)?
Life cover is life insurance or death cover which provides a cash lump sum in the event of your death, or if you become severely ill or impaired (you can include critical illness cover as part of your life insurance or take it out as a separate policy).A monthly premium to your insurer for life cover assists in safeguarding your loved ones from financial hardship if you die or suffer from one of a list of illnesses, as per your plan. The money can be put towards funeral costs, payment of a mortgage, debts, or your family’s living expenses.Though the aim may be to ensure that there is enough funding for your family when you are no longer around, we find that this amount often isn’t sufficient to cover children’s education. This is why we created the education protection plan, EduCare™, an estate planning product that provides dedicated cover for your children’s education and care needs should you become impaired, severely ill or pass away. EduCare™ helps cover school fees, personal care needs, school clothes, stationery, sporting equipment, food, transport and tertiary education.Both life cover and education protection cover are important and serve different functions. While life cover is essential to protect your family, it easily gets wrapped up in other things like bond payments, cars and other debts and expenses when you pass away.With EduCare™ there is money securely ring-fenced to take care of your children's educational and care needs if you pass away, become severely ill or impaired.
What are the benefits of education insurance?
There is money securely ring-fenced to take care of your children's educational needs if you pass away, become severely ill or impaired. EduCare™ is dedicated cover to ensure their continued education and care, should something happen to you.EduCare™ helps cover school fees, personal care needs, stationery, sporting equipment, food, transport and tertiary education. Over and above the core cover, EduCare™ also includes the following additional benefits:● The LifeStarter Benefit™ pays out as a cash lump sum when your child turns 18, on the 1st day of their birthday month. This amount is selected by you in the initial calculation.● The Global Bursary Benefit™ pays up to R5 million in university fees if one or all of your children get accepted into one of the 50 Oxford Global top universities.● The Achiever Benefit™ pays out a once-off cash lump sum of R150 000, per child, if they qualify for National Colours. ● Medical studies benefit – if any of your children covered choose to study to be a Medical Doctor, up to R100 000 will be paid to the institution per annum, for 3 years, after successfully completing their 4th year of their Bachelor of Medicine degree.● Estate duty benefit – any estate duty created by taking out EduCare™ will be covered up to R1 million.
Does my life cover form part of my estate?
Your life cover only forms part of your estate if you nominate your estate as the beneficiary on the life cover beneficiary nomination form. However, should your nominated beneficiary pre-decease you, the benefit could be paid to your estate and therefore form part of your estate.
What is an education protector?
An education protector is a safety net for your child’s education, in the case that you are no longer around to help cover the costs associated with their schooling, from pre-primary school to university. An education protector ensures that funds are securely ring-fenced to take care of your children’s education and care needs if you pass away, become severely ill or impaired. Given the nature of our integration of wills, trusts, insurance, technology & administration, parents can rest easy knowing that their children will enjoy the future that they deserve, if they are no longer around to provide for them. EduCare™ is Capital Legacy’s solution to the risk of passing away without leaving behind sufficient funding to cover your children’s education and care.
How much life cover can I get with MyCover™?
You can secure up to R10 million life cover with non-invasive underwriting and up to R15 million for which we require blood tests, several BeneFactor™ options that suit your lifestyle (see FAQ on BeneFactor™ for more detail), cover for severe illness and impairment up to R5 million through MyAbility Cover™, and you have the option of selecting whether you would like the life cover to pay directly to a beneficiary, to a trust or your estate for which the executor’s fees are indemnified.
Not to brag, but we're kinda good at what we do.
Don't take our word for it though...