Rating based on 26 reviews

Multi-Prof

Updated
  • Flexible insurance
  • Quick application process
  • Low excess fees
Multi-Prof homepage
Author Multi-Prof. Screenshot of Multi-Prof website.
[Accessed February 7, 2023]

About Multi-Prof

Multi-Prof is a dedicated short-term insurance company in South Africa.

Multi-Prof takes initiative and an in-depth look at the people in the nation and provides a service that meets their desires and needs.

15 years of experience

They have over 15 years of practice in offering clients mortgage insurance cover that will ensure all the potential jeopardy in life do not overwhelm your proficiency to keep up with your home repayments.

They aim to provide their clients with service excellence throughout their journey with them. They aim to keep you safe from the thought of losing your home should anything happen to your ability to repay your installments.

Get your Home loan insurance

Their client base includes all calibers of South Africans. This includes professionals, high-profile qualified doctors and specialists, and any other individuals over the age of 25 years, earning a regular income.

They tailor their life cover and mortgage insurance solutions to meet your needs, your requirements, and your home mortgage amount. You can rely on them to keep you from losing your home.

Multi-Prof Services

There is no one size fits all in this industry.

Everyone has their own specific needs, including the risks that could bring you to a standstill, in the security needs to protect your mortgage repayments.

More about bondability

Their bond insurance is called BondAbility, which has become a recognized service amongst many South African homeowners.

They provide a summer of insurance options for every part and stage of your life cycle including their bond insurance Plans. These plans are customized to provide an affordable and flexible solution that will meet your premium repayment needs.

They cover the risks of being a homeowner. Should you be unable to repay your monthly premiums due to a serious illness, disability, death, or retrenchment, they have you covered.

Benefits of Multi-Prof Mortgage cover insurance

  • Easy application processes
  • No medical examinations
  • The flexibility of repayment terms
  • Additional excess cover when needed

Multi-Prof – Home Loan Insurance

  • Product Home Loan Insurance
  • Price
    Get cover for a minimum of R100 000 insured for as little as R80 a month
  • Choose your cover
    You can choose to insure for the event of death only or you can add an income protector benefit which will pay your premiums if you are unable to work when you are ill or disabled
  • Free Cover
    Enjoy up to 3 months of free cover while the bond registration is still outstanding

Benefits of Multi-Prof

  • Medical aid quotes - put all your information into one form and receive quotes from up to 20 of South Africa's best medical aid schemes. 
  • Tax Free Investment Plan allowing you to save without incurring extra costs in the form of tax penalties 
  • Vehicle Tracking is a quick and easy way to compare quotes from companies that offer vehicle tracking and recovery.
  • Gap Cover - gap cover assists when your medical aid has a shortfall. Get quotes for the best gap cover available to you. 
  • Car and Household Insurance which includes your buildings, all you belongings and your cars. 

Mortgage insurance with Multi-Prof protects your biggest investment

Multi-Prof provides bond insurance options in South Africa to protect your mortgage.

Mortgage insurance or bond cover is a life cover plan which provides protection to the homeowner and their mortgage loan, which is currently being paid off on their home.

Cover that offers real value

Multi-Prof have developed and worked relentlessly in designing. Multi-Prof provides bond insurance options in South Africa to protect your mortgage. Mortgage insurance or bond cover is a life coverage plan that protects the homeowner and their mortgage loan.

Mortgage cover that offers real value

Multi-Prof has developed and worked relentlessly to design a cover that will benefit you and your family, should you become unable to pay for your mortgage. Death, disability, retrenchment or serious illness can happen to anyone at any time, but with Multi-Prof you can be prepared.

Mortgage protection for property owners

As a property owner you have got the choice of mortgage protection, to allow you to keep your home, even should the worst happen. Your mortgage can be paid in full, allowing your family to carry on living in your home, without the financial stresses of paying off your home loan.

What makes their cover so unique is that they do not require any medical examinations or HIV testing as necessary compliance to getting your insurance cover.  You can get an online insurance quote within minutes of applying.

Multi-Prof Mortgage cover insurance offers

  1. Death Cover – this covers the total amount of the mortgage on your home, even if the outstanding balance is a larger amount than insured but, does not act as the funeral cover.
  2. Instalment Protection Cover – if the insured person is unable to provide the monthly instalments because of an illness or industry, they will cover the instalments for that period, until you can take over the payments once more. The period will be specified in your terms of the contract.
  3. Disability Cover – should the insured person become disabled and unable to work and earn an income, they will cover the instalments for two years. After this period, they will pay out the balance to ensure your home is completely paid off.
  4. Retrenchment Cover – if you lose your job because of retrenchment, they will cover your instalments over 6 months, until you can find new employment with the salary to cover your premiums again.
  5. Dread Disease Cover – should the insured member develop a serious illness, which prevents you to work and earn an income, they will pay your home loan amount in full, to ensure you can still live in your home.

A cover that will benefit the client and their families, in the event of death, a serious illness where you are unable to provide or work for an income, or in disability, where you can no longer pay for your mortgage.

Mortgage protection for property owners

As a property owner you have got the choice of mortgage protection, to allow you to keep your home, even should the worst happen. Your mortgage can be paid in full, allowing your family to carry on living in your home, without the financial stresses of paying off your home loan.

What makes our cover so unique is that we don’t require any medical examinations or HIV testing as necessary compliance to getting your insurance cover and you can get an online insurance quote within minutes of applying.

Customer Reviews & Testimonials

September 2021

I was able to keep my house with my Mortgage Cover Insurance after I lost my job. Multi-Prof changed my life for the better.

Qubeka. S
— Hermanus —

November 2021

I have never seen a company go the extra mile for their clients, like Multi-Prof. They care about their clients.

Clarissa. E
— Paarl —

October 2021

Best company to side with, in every regard. Multi-Prof has never let me down. When I thought all hope was lost, they gave me a way of escape.

Johnathan. D
— Stellenbosch —

Multi-Prof Contact

Contact Number

E-Mail

Website

Physical Address

  • 323 Piet Retief Crescent Sandbaai, Hermanus, Cape Town Western Cape 7200 South Africa
  • Get Directions

Postal Address

  • PO Box 804, Hermanus, 7200

Opening Hours

  • not available