GREENLIGHT Life Cover Death Benefit

Have you sat down and really thought about what will happen to your partner, children or others who depend on you when you die? Will they be financially stable and independent in South Africa without you? You can ensure their peace of mind with the GREENLIGHT Life Cover Death Benefit.

How does the Death Benefit work?

It is a life insurance policy that pays out a lump sum when you die. This can be used to settle debt, cover estate duty costs or reinvested to provide an income for your family.

The amount of cover you can buy starts at R100 000. There is no specific limit to the amount of cover you can buy, but we will always check to see if the amount of cover required matches your financial needs.

You also have the choice between cover for your entire lifetime (whole life insurance) or for a specific period (term life insurance).

Get covered by the GREENLIGHT death benefit for a lump sum payment to your beneficiaries so they don't have to worry about finances if you die. Choose your cover and get your quick online life insurance quote easily using the personal cover tool.

More reasons to choose GREENLIGHT Death Benefit:

  • You get immediate life cover for up to 30 days before you pay your first premium. If you have a valid claim in this period, your beneficiaries will receive the full cover amount.
  • It includes Terminal Illness Benefit which pays out your full life cover amount if you are diagnosed with a terminal illnesses such as Cancer.
  • You can buy additional cover within 12 months from the start of your original cover, with no additional medical examinations. This is called the Underwriting Credit option.
  • Life cover for HIV positive customers is available.

Use the free online GREENLIGHT life insurance calculator  to calculate your total policy premiums for the insurance cover you need - choose from life, funeral, disability and severe illness benefits, obligation free.

Additional GREENLIGHT cover available


Disability Cover

Earning Ability Cover pays out a lump sum or monthly income if you become physically or occupationally disabled. Can be used:

  • To cover monthly expenses
  • For temporary/full nursing care
  • To make adjustments to your home or vehicle

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