Momentum Insurance

Achieve your financial goals and dreams by partnering up with a financial services provider that not only offers modern, flexible products and services but does so with compassion and positivity.

Momentum has been up and running for over 50 years and has continued to improve and grow through the years by focusing on innovation and customer excellence.

Propelling you to great heights

Their aim is to help propel South African forward so that they can achieve their financial aspirations with ease and grace. Its vision is to partner with customers as a preferred provider of comprehensive financial and insurance solutions.

Driven by accountability, diversity, and excellence

As part of its commitment to ongoing growth, Momentum has set out its values in an attempt to define the road ahead and make both internal and external stakeholders know exactly who they are and what they stand for. Momentum takes accountability for its actions and honours its obligations to employees, shareholders, and customers. As a level-1 BBBEE contributor, they walk the talk and have continued to push for

workplace diversity and inclusion.

Momentum also values excellence and strives to provide only the best whether it’s in their products and services, customer services, corporate social initiatives, or stakeholder performance. They place innovation and integrity at the heart of all that they do and believe that all their successes are a result of teamwork – something they value highly.

More value and increased affordability

Whether you’re looking for an affordable medical aid plan or want to set up a salary protection plan to suit your income level and commitments, Momentum is ready to deliver only the best. They do this by treating you as an individual and helping you set up and maintain a range of risk management products that truly suit your unique needs and life goals.

Get tailored income protection ranging from R2,000 to R150,000 at an affordable monthly premium that’s set based on your unique risk profile.

Income protection explained

We all use our salaries to cover our home and car loans, our car and medical insurance, as well as everyday necessities like groceries and petrol. So what would happen if we lost our income for whatever reason?

While some people may have an emergency fund in place or some form of cash reserves, this may not be sufficient for a longer time period and may also cause you to lose out on hitting your savings and retirement plan goals. Income protection is an insurance product that will cover you in the event that your income is disrupted as a result of illness, disability, or retrenchment.

Momentum’s Myriad Income protector benefit

Momentum’s Myriad complete income protector benefit will provide you with up to 100% of your monthly salary for up to a period of 24 months if you’re unable to work as a result of an injury or illness.

If you are permanently unable to get back to work, Momentum will pay out up to 100% of your salary until you reach retirement. All payouts are completely tax-free and you can adjust your cover as and when needed as your circumstances change.

Retirement age and your cover

You can remain fully covered for as long as you maintain the insurance premium payments or until you retire which can be at age 55, 60, 65, or 70 years of age.

Adjusting your Income protection plan

Depending on which plan you choose, your cover amount could increase on an annual basis or remain at a fixed amount that you select at the inception of the insurance policy. You can also make adjustments as per your changing needs and goals by contacting Momentum.