Functional Impairment Benefit

Is your job physically demanding or do you travel more than the average person? Or, are you a student, housewife/househusband or retiree? If you had to suffer an injury or illness, how would you pay for disability related expenses such as a caregiver and rehabilitation costs, or similar? If you see yourself in any of these groups, you might want to consider protecting yourself with GREENLIGHT Functional Impairment Income Benefit.

How does it work?

It will pay you a monthly income which you can use to replace any lost income while you cannot work. Or, you can use the income to pay for any disability related expenses because you cannot do normal day-to-day activities.

You have the choice to protect your income for your entire life (whole-life cover) or for a specific period (term cover). You can also choose a waiting period of seven days up to 24 months. We start paying you an income if you still cannot earn an income or do normal day-to-day activities after your waiting period has expired. You can protect your income for up to R150 000 each month if you choose term cover. Or, if you choose whole-life cover you can replace up to R50 000 each month.

More reasons to choose GREENLIGHT Functional Impairment Income Benefit:

  • It offers protection against temporary and permanent illnesses and injuries.
  • If offers protection if you cannot do normal day-to-day activities such as dressing, bathing or eating on your own.
  • It includes fracture and maternity benefit cover.

View the other GREENLIGHT products


Life Cover

Life insurance pays out a lump sum when you die. This type of long-term insurance is typically used to:

  • Cover debt and estate duty costs.
  • Cover funeral expenses
  • Generate an income for your family from the lump sum payable

Retrenchment & Illness Cover

Lifestyle Adjustment Cover helps you cover the unexpected costs of retrenchment, a life-changing severe illness or injury. Typically used to:

  • Replace your income for six months if retrenched
  • Cover unexpected expenses after suffering severe illness or injury

Future Needs Cover

Protects you against future uninsurability; the inability to pay premiums and save for emergencies. This type of insurance can be used to:

  • Buy lump sum cover in the future even if your health changes.
  • Continue premium payments
  • Meet a savings goal

Business Insurance

Business cover protects you, your business and key people in your business. Choose the cover you need:

  • Key man insurance covers people crucial to your business
  • Business overhead expense insurance covers monthly business overhead costs if you become occupationally or physically disabled.
  • Continue the business if owners become disabled or die