F2014 RISK ASSURANCE BENEFIT RANGE Retail Mass Market Broker Distribution February 2014

F2014 RISK ASSURANCE BENEFIT RANGE

Retail Mass MarketBroker Distribution

February 2014


RISK ASSURANCE BENEFIT RANGE

A comprehensive range of Risk Assurance Benefits, which offers the client best-of-breed product features, value-for-money and financial peace of mind for life’s eventualities

Financial Portfolio

Protection of Family & EstateWealth Creation

Funeral Plan Range Life Plan Range

Value+ Plan Standard Plan ADDP Pure Life Plan Life & Disability Plan

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VALUE+ FUNERAL PLAN

RANGE

A dignified farewell for you and your loved ones


THE VALUE+ FUNERAL PLAN RANGE

Individual Funeral Plan

Family Funeral Plan

Parents Funeral Plan (maximum of four parents)

Extended Family Funeral Plan (maximum of eight relatives)

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PRODUCT FEATURES AND BENEFITS

Minimum Premium: R70.00 per month

Maximum Cover: R50 000 (Individual, Family Funeral Plans)

R30 000 (Parents and Extended Funeral Plans) where the lives covered are additional spouse, son/daughter-in-law and own child)

R15 000 (Extended Funeral Plan - other relatives)

Premium Paying Term: Whole of life – until death, disablement

Benefit Increases: The Benefit increases will always be greater than the premium increase, in other words, cover gets cheaper over time

Premium Increases: Annually increasing premium at compound rate of 7.0%. Current rate but is subject to change in the future

Maximum Entry Ages: Policyholder: age 64 lbd

Other Lives: age 84 lbd

Waiting Periods: No waiting period applies for accidental death or disablement. 6 months for non-accidental causes and 12 months for non-accidental causes of disablement

Money Back Guarantee: If non-accidental death occurs in the first 6 months, a benefit equal to the amount of the monthly premiums received will be paid

Premium Holiday Benefit: The Premium Holiday allows for up to six premiums to be skipped, during the term of the policy. This benefit is available again to the client, on payment of the skipped premiums

Cash Back Benefit: Cash back of 5 months premiums’ after every 60 premiums paid

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Double Accidental Death Cover: On accidental death, double the amount of cover is paid out, even if policy is in a paid-up status

Death or Disablement: Full paid-up Benefit at any time during the policy term, after 12 (policyholder) months. A reduced Paid-up Benefit is available if monthly premiums stop after 10 years.

Terminal Illness Benefit: Provides for an accelerated lump-sum payment (50% of the cover at that time) – even if policy is paid-up, after 10 years

Medical Underwriting: No automatic medical testing. Health questions apply.

Surrenders & Withdrawals: Funeral plans do not acquire surrender values and no part withdrawals are possible

Effective Date for Increases: Both premium and cover increases are effective on the 1st July each year (subject to policy being in force for at least 6 months).

Cessions: Funeral plans may not be ceded as security

Funeral Support Benefit: Transport of the deceased by road or air from anywhere in the world to a funeral home closest to the burial

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Access to the following Family Support Services* from independent service providers:

24 HOUR FAMILY SUPPORT SERVICES

Health support*: Telephone access to health advisers for assistance with health queries.

Trauma, assault and HIV treatment*: Assistance and treatment following assault (e.g. rape, hijacking, child abuse), accidental exposure to HIV or other kinds of trauma.

Emergency medical response*: Advice, emergency treatment and transportation to an appropriate medical facility.

Legal support*: Free telephone advice and assistance on legal matters, help with legal documents.

Important note:*Family Support Services - Certain terms and conditions apply to the facilitation of this access. For a copy of these, call 0860 00 1919.Old Mutual facilitates access to independent Family Support Service providers. Such access is not offered as a benefit under your insurance policy and may be varied or cancelled at any time. The service providers provide services directly to you on terms agreed between you and the service providers. Old Mutual does not accept any liability arising from the services rendered by the service providers.

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Full Paid-up Benefitafter 12 months

VALUE+ FUNERAL PLAN RANGE

6 month 5 years 10 years 15 years

R5 k

R7.5 k

R10 k

R15 k

R20 k

R25 k

R30 k

Cover gets cheaperover time

Money-back Guaranteein waiting period

Double Accidental Death Benefit

Cash-back of 5 months premiums after every 60 premiums

Reduced paid-up benefit evenif premiums cease after 10 years

Terminal Illness Benefit provides for accelerated lump-sum payment

6 premium skipsat any time

Wait

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month

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STANDARD FUNERAL PLAN

RANGE

An affordable funeral plan for you and your loved ones


THE VALUE+ FUNERAL PLAN RANGE

Individual Funeral Plan

Family Funeral Plan

Parents Funeral Plan (maximum of four parents)

Extended Family Funeral Plan (maximum of eight relatives)

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Minimum Premium: R50.00 per month

Maximum Cover: R20 000 (Individual, Family, Parents Funeral Plans)

R15 000 (Extended Funeral Plan) R20 000 (for add. spouse, son/daughter-in-law and own child)

Premium Paying Term: Whole of life – until death

Benefit Increases: Annually increasing at 5.0%, but can vary. The cover increase will be equal to the premium increase

Premium Increases: Annually increasing premium at compound rate of 5.0%

Maximum Entry Ages: Policyholder: age 65 lbd

Other Lives: age 84 lbd

Waiting Periods: No waiting period applies for accidental death. 6 months for non-accidental causes

Money Back Guarantee: If non-accidental death occurs in the first 6 months, a Benefit equal to the amount of the monthly premiums received will be paid

Premium Holiday Benefit: The Premium Holiday allows for up to six premiums to be skipped, during the term of the policy. This benefit is available again to the client, on payment of the skipped premiums

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Cash Back Benefit: Cash back of 3 months’ premiums after every 60 premiums paid

Medical Underwriting: No automatic medical testing. Health questions apply

Surrenders & Withdrawals: Funeral plans do not acquire surrender values and no part withdrawals are possible

Effective Date for Increases: Both premium and cover increases are effective on the 1st July each year (Subject to policy being in force for at least 6 months)

Cessions: Funeral plans may not be ceded as security

Funeral Support Benefit: Transport of the deceased by road or air from anywhere in the world to a funeral home closest to the burial

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VALUE+ FUNERAL PLAN RANGE

6 month 5 years 10 years 15 years

R5 k

R7.5 k

R10 k

R15 k

R20 k

R25 k

R30 k

Annually increasingat 5%, but can vary

Money-back Guaranteein waiting period

Cash-back of 3 months premiums after every 60 premiums6 premium skipsat any time

Wait

ing p

eri

od 6

month

s fo

r non-a

ccid

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l death

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LIFE PLAN RANGE

Financial Security for your family


THE LIFE PLAN RANGE

Pure Life Plan To provide your family with money and help them cope financially should you die.

Life and Disability Plan To help you financially should you become disabled or to provide your family with money on your death.

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PURE LIFE PLAN - PRODUCT FEATURES AND BENEFITS

Minimum Cover: R50 000

Maximum Cover: R500 000

Maximum Entry Age: 60 lbd

Plan Type: Whole life

Cover Increases: Cover increases annually at 5%

Premium Increases: Premiums increase annually, initially targeting 5% (not guaranteed)

Lives Covered: Cover for the policyholder only, who also needs to be the premium payer. A spouse may pay the premiums on the policyholder’s life

HIV+ diagnosed individuals qualify for cover

Waiting Periods: Immediate accidental death BenefitStaggered non-accidental death over 12 months

0 - 6 months: Benefit equal to premiums received7 - 12 months: 50% of cover amount12+ months: 100% cover amount

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Income Assistance Benefit: 10% of Benefit paid in 48 hours, subject to waiting period

Funeral Support Benefit: Transport of the deceased by road or air from anywhere in the world to a funeral home closest to the place of burial

Medical Underwriting: No medical testing. Standard health questions apply

Cover Ceases: When premiums cease or on death

Money Back Guarantee: Equal to the total premiums paid, if non-accidental death occurs within the first 6 months

Premium Holiday Benefit: Allows for up to six premiums to be skipped during the term of the policy. This benefit is available again to the client, on payment of the skipped premiums

Terminal Illness Benefit: On diagnosis of Terminal Illness, 50% of cover paid out immediately, remainder paid on death (available after 5 years)

PURE LIFE PLAN - PRODUCT FEATURES AND BENEFITS

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PURE LIFE PLAN

R50 k

R100 k

R150 k

R200 k

R300 k

R400 k


6 mnths 5 years 10 years 15 years

R500k

24 mnths

StaggeredWaitingPeriod

Up to R500 000Life Cover

Immediate AccidentalDeath Benefit

On diagnosis of Terminal Illness, 50% of cover paid out immediately, remainder paid on death

Money-back Guaranteein first 6 months

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LIFE & DISABILITY PLAN - PRODUCT FEATURES AND BENEFITS







Lives Covered: Policyholder only

Waiting Periods: Immediate accidental death/disability Benefit

Staggered non-accidental death/disability over 12 months

0 - 6 months: Benefit equal to premiums received7 - 12 months: 50% of cover amount12+ months: 100% cover amount

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Cover Ceases: When premiums cease or on death/disability

Money Back Guarantee: Equal to the total premiums paid, if non-accidental death/disability occurs within the first 6 months


Terminal Illness Benefit: On diagnosis of Terminal Illness, 50% of cover paid out immediately, remainder paid on death/disability (available after 5 years)

Income Assistance Benefit: 10% of Benefit paid in 48 hours, subject to waiting period


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Medical Underwriting: No medical testing. Standard health questions apply

Deferred Period: Payment of disability claims may be subject to a 6-month deferred period, to allow for investigations into validity and permanence, that is the disability should have lasted continuously for 6 months. This may be waived if insured has permanent/irreversible loss. Policyholder may exercise the Premium Holiday option during this period (if it’s available)

Exclusions: The disability exclusions are:- Injury or sickness in respect of which the insured received medical

treatment during the three-year period prior to the date he/she became covered for disability benefits and as a result of which he/she became disabled within the three-year period after the date of commencement of his/her participation in the disability benefits- Disability due to self-inflicted actions (incl. attempted suicide) - Deliberate exposure to exceptional danger- War or armed conflict (whether it is declared or not), civil unrest and social revolt- Disability as a result of refusing medical treatment by a registered

medical doctor- Disability as a result of being affected by alcohol or drugs- Disability due to radio activity or nuclear explosion

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LIFE & DISABILITY PLAN

R50 k

R100 k

R150 k

R200 k

R300 k

R400 k


6 mnths 5 years 10 years 15 years

R500k

24 mnths

StaggeredWaitingPeriod

Up to R500 000Life & Disability Cover

Immediate AccidentalDeath/Disability Benefit

On diagnosis of Terminal Illness, 50% of cover paid out immediately, remainder paid on death/disability

Money-back Guaranteein first 6 months

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ACCIDENTAL DEATH &

DISABILITY PLAN

Offers cover in the event of accidental death or disability









Lives Covered: Policyholder only, who also needs to be the premium payer. A spouse may pay the premiums on the policyholder’s life

HIV+ diagnosed individuals qualify for cover

Death or Disablement: On Accidental Death or Disability: Full cover paid from application date

On Non-Accidental Death or Disability: Money Back Guarantee

Paid-up Benefits: No paid-up Benefits are available. Premiums must continue for cover to continue

Money Back Guarantee: Equal to the total premiums received, on non-accidental death or disability throughout lifetime of policy to a maximum of current cover


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Cash Back Benefit: Cash back of 5 months’ premiums after every 60 premiums paid


Deferred Period: Payment of disability claims may be subject to a 6-month deferred period, to allow for investigations into validity and permanence, that is the disability should have lasted continuously for 6 months. This may be waived if insured has permanent/irreversible loss. Policyholder may exercise the Premium Holiday option during this period (if it’s available)

Recognition of Disability: Disability will be recognised in the event of the total & permanent loss of the use of at least one hand or foot and/or loss of the sight in one eye due to an accident, or total and permanent loss of the use of both hands/feet or one of each due to sickness. While you are permanently employed as a teacher, have suffered demonstrable physical damage to your vocal cords and are prevented from speaking to a degree that you are unable to work as a teacher, or while you are permanently employed as a court interpreter, have suffered demonstrable damage to your vocal cords or lose your hearing to a degree that you are unable to work as a court interpreter

Disability Exclusions: Due to self-inflicted actions (attempted suicide), deliberate exposure to exceptional danger (except in attempt to save human life), own criminal act, being affected by alcohol or drugs (not prescribed by registered medical practitioner)

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ACCIDENTAL DEATH & DISABILITY PLAN

6 months 5 years 10 years 15 years

R30 k

R40 k

R50 k

R75 k

R100 k

R125 k

R150k

Cash-back every 5 years6 premium skipsat any time

Up to R250 000Acc. Death/Disab. Benefit

On accidental death/disability, immediate coverOn non-accidental Death/Disability, cover equal to amount of premiums received

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THANK YOU

Old Mutual is a Licensed Financial Service Provider

Documents

F2014 RISK ASSURANCE BENEFIT RANGE Retail Mass Market Broker Distribution February 2014