Financial Support When You Need It Most
Over 500k happy customers
Next-gen technology & features
99% customer satisfaction
There when you need it most
Losing a loved one is devastating, and financial stress can make it even harder - especially when bank accounts are frozen until an Executor is appointed.
The Black Cygnet Life Immediate Needs Policy ensures your spouse or dependents receive funds within two working days of receipt of the death certificate and all required claim documentation supporting a valid claim, to cover urgent expenses.
How it works
Quick Payout
A lump sum of R50,000 – R200,000 is paid directly to your nominate beneficiary within two working days of receiving the death certificate and all claim documentation supporting a valid claim.
No Medicals, Blood or HIV Tests Required
Simple application process for individuals who are over 18 and under 60 years of age at entry.
Whole of Life Cover
No term limits; the policy remains active as long as premiums are paid.
Joint Policy Option
Two lives can be covered under one policy for affordability.
Why This Policy Matters
Immediate Access to Funds
Covers household bills, school fees, food, bond payments, and daily living costs.
Faster Payout than Life Cover
While traditional life insurance takes time to process, this policy provides funds to your nominated beneficiary within two working days of receipt of the death certificate and all required claim documentation supporting a valid claim.
Flexible Cover Adjustments
Increase your cover at any time (subject to exclusions, sum assured limits and waiting periods applicable).
Claim Process & Benefits
Accidental Death
Full payout within two working days of receipt of all claim documentation supporting a valid claim.
Natural Death
Staggered benefit payout (50% of the sum assured after 3 months, 80% of the sum assured after 6 months, 100% of the sum assured after 12 months).
Plan for the unexpected
Ensure your loved ones have immediate financial support.
One on one demo of Fintech X
Next-gen technology & features
99% customer satisfaction