Standard bank insurance products are available in the form of homeowners, business, vehicle and asset or credit card protection cover to clients of this popular South African financial services provider. If you are registering a bond for example, then they automatically arrange cover for you when it is registered. The house and property will be fully insured for the duration of your bond agreement with a company specifically selected by them. Comprehensive policies are compulsory if you have a home loan.
Amongst the various Standard bank insurance products that exist is also their vehicle and asset finance protection plan which is for new and existing clients who have finance of up to R1 000 000. The protection plan is very flexible and allows clients the freedom to choose their own cover requirements. In the event of your death the outstanding loan amount will be settled, same as if you are totally and permanently disabled or get diagnosed with a dread disease. No medical examination is required and policies are issued to customers between the ages of eighteen and sixty five years old.
There is also funeral cover available amongst the range of offerings from this SA financial services provider. Their funeral plan is able to provide clients with piece of mind when it comes to the death of a loved one allowing the finances available to lay them to rest with some dignity and respect. This kind of policy is on offer to anyone under the age of sixty five and also does not require any kind of medical examination. There are many other offerings available, we have just touched on a few here as a way of introducing and helping people to be aware that there are Standard bank insurance products on offer.