Absa Products
- Absa Funeral Cover
- Absa Credit Protection Plans
- Absa Home Loan Protector
- Funeral Cover/ Lump-sum Death Benefit/ Takaful Death Benefit
Absa Funeral Cover
- Choose cover from R10,000 to R60,000
- Get cover for your entire family, including cover for your immediate family and up to eight extended family members
- Get double pay-outs for the accidental death of the main member
- Absa Funeral cover is for individuals between the ages of 16 and 65
- Absa Funeral cover will last your whole life
- There is an option to select appropriate annual premium and cover increases
- You can view your policy online – simply log onto your Absa Online account and select the “insure” tab for ease of access
- When looking for insurance cover, you can get a quote online
Absa Credit Protection Plan
In the event of the insured becoming disabled, succumbing to a dread disease or dying, the Absa Credit Protection Plan will alleviate the financial burden of your family.
- Should you have Absa credit agreements you need not worry about paying these if something should happen to you
- If you want your loan to be paid in full in the event of your death, dread disease or permanent disability, the Absa Credit Protection Plan will settle any outstanding amounts
- If you are retrenched or are temporarily disabled, your monthly instalments will be taken care of
The Absa Credit Protection Plan Is Available On:
- Study loans
- Revolving loans
- Absa personal loans
- Mastercard and Visa Classic credit cards
- Vehicle loans
- Overdraft facilities
Absa Home Loan Protector Plan
- Your Absa Home Loan Protector Plan will cover any outstanding debts on your bond should you die, become disabled, or be diagnosed with a chronic disease
Absa Flexi Account/Lump Sum Death Benefit/ Takaful Death Benefit
- The Absa Flexi Account includes R15,000 funeral cover
- The Islamic Flexi Value Bundle includes an amount of R15,000 Takaful death benefit (Takaful is a type of insurance system devised to comply with the sharia laws, in which money is pooled and invested)
- Additional top-up funeral cover is offered on the Absa Flexi Account and the Absa Flexi Value Bundle
- Terms and conditions apply
- The Absa Flexi Value Bundle offers an amount of R15 000 lump-sum death benefit
- The Gold Value Bundle offers a R20,000 lump-sum death benefit
- The Islamic Gold Value Bundle offers R20,000 Takaful death benefit
- Premium Banking/Spouse Premium Banking offers R20,000 lump-sum death benefit
- Islamic Premium Banking/Spouse Premium Banking offers R25,000 Takaful death benefit
All Absa Funeral Policies are underwritten by Absa Life Limited, an Authorised Financial Services Provider.