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 the main difference between an Islamic will and a conventional will?
In a Shari’ah-compliant or Islamic will, the beneficiaries are determined upon the death of the testator rather than being nominated, as in a conventional will, during the lifetime of the testator.
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.
What is MyAbility Cover™?
A combination of impairment and critical illness means you are covered for either event, and if the benefit goes unused it will pay out with your life cover and not fall away.
What are the 3 types of testamentary trusts?
In estate planning in South Africa, testamentary trusts play a crucial role in safeguarding the financial security and well-being of beneficiaries. These trusts are established according to a person’s last will and testament and come into effect upon their passing, providing a framework for the management and distribution of assets. Below is an overview of the different types of testamentary trusts.Children’s trustA children’s trust, as the name suggests, is specifically designed to provide for minor children or dependents who may not be capable of managing their inheritance themselves. It allows the person whose will it is (testator = male, testatrix = female) to appoint a trustee who will oversee the management and distribution of assets on behalf of the children until they reach a specified age or milestone outlined in the will.The trustee is responsible for managing the assets in the best interests of the beneficiaries. The assets held in trust can be used to cover the children’s education expenses, healthcare needs, maintenance costs, and any other essential requirements. By establishing a children’s trust, the person whose will it is ensures that the children’s financial future is secure.Widow’s trustA widow’s trust is designed to provide financial support and security to the surviving spouse after the testator’s death. By creating a widow’s trust, the testator can ensure that their spouse is adequately taken care of.The widow’s trust is typically structured to provide the surviving spouse with regular income or distributions from the trust assets, while preserving the principal amount for the ultimate beneficiaries, such as children. The testator can specify the terms and conditions for the distribution of assets within the trust, ensuring that the surviving spouse’s needs are met without compromising the long-term financial stability of the other beneficiaries.Provider’s trustA provider’s trust focusses on ensuring the financial well-being of a dependent individual, such as a family member with a disability or a loved one with special needs, upon the testator’s passing. This trust is specifically designed to provide ongoing financial support and care for such beneficiaries, taking into account their unique requirements.By creating a provider’s trust, the testator ensures that their loved one will receive the necessary financial support, which will be managed by a trustee who understands the beneficiary’s specific needs.Choosing the right testamentary trust offers invaluable benefits and peace of mind in estate planning, particularly when it comes to providing for vulnerable beneficiaries. With these unique testamentary trust options for estate planning available – children’s, widow’s, provider’s trusts – the individual needs of your loved ones can be taken care of when you are no longer here.There are many types of trusts for asset management after death. However, when it comes to the individual requirements of minors, surviving spouses and dependents with special needs, you have access to unique testamentary trust options for estate planning.Not sure where to start? Contact us to get your will drafted for free and to get all the information about testamentary trust types from our expert consultants.
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.
Not to brag, but we're kinda good at what we do.
Don't take our word for it though...