About – FirstRand Group
First Rand Bank is one of the oldest standing financial institutes in the country.
This makes us well known for our experience in financial markets, and our ability to provide a service to our clients is unmatched in terms of service delivery.
From all Coners of the Financial Spectrum
With over 170 years in the industry, we provide experience from all corners of the financial spectrum, from financial assistance, banking options right to insurance and mortgage cover.
There is no service or product we cannot deliver when it comes to your financial wellbeing.
Professional and Knowledgeable Consultants
We have a team of professional and knowledgeable consultants on board our team, who all show their passion through their service delivery, which is of the utmost quality and noticeable excellence.
Through your challenges and tribulations, we make your banking world seem effortless. With processes aligned with our technology, we create a solution that is reliable, consistent and always on your side.
Services – FirstRand Group
At First Rand Bank, we believe our customers fare the core of our firm. We treat each client as a VIP, ensuring you receive then exceptional service delivery from day one.
Understanding your Needs is a Priority
Through every appointment or application, we make sure we totally understand your needs, and will formulate and customise a solution accordingly.
We provide home loan insurance solutions to our clients as well as an insurance and protection for those mortgages, to ensure that should the need arise; your bond will be covered.
Protect your Bond with FirstRand
By safeguarding your bond, you are protecting not only yourself, from the pressures of having your home taken away, and dealing with an unpaid mortgage, but also looking out for those family members who depend on you and the roof over their heads.
At First Rand Bank, we will go the extra mile to ensure you are financially protected whether through life insurance or mortgage cover, with every product we provide to you, with affordable premiums, and the added benefits that go along with it.
Summary of Services
- Home Repayments Policy
- Insurance For Mortgages
- Home Loan Cover
- Mortgage Insurance
Cover your Mortgage with Insurance you can Count on
First Rand Bank is highly recognised in the financial services market of South Africa. We have over 170 years’ experience in sourcing, implementing and carrying forward our preferred choices of processes and services which make life affordable and easier for our clients.
Our History and Objectives
As a feature of the FirstRand Group we offer South African clients the benefits of three banks in the nation, we measure our achievements by the development in our benefits as well as by the commitment we make towards our group's development.
The Acacia tree in our image logo is a portrayal of our history. Our underlying foundations cover the footprint of South Africa, and we have developed because of our dedication to serving the necessities of our customers and groups.
Tailored Cover to Meet your Needs
Throughout our services to our clients, we provide the independence that our clients can benefit from getting an insurance product, which allows them the independence of having their own tailored cover that meets their specific needs accordingly.
The Stand-alone alternative won't influence your life cover sum when a claim is made.
The benefit of the Stand-alone critical illness cover is that it gives you extensive cover that can pay out up to 3 times on related diseases.
The upside of a consolidated cover is that it is more reasonable when it comes to affordability and the cover benefits, and only pays out once.
Life is loaded with vulnerabilities, we know this, and provide solutions for those times when you are vulnerable and suffer the risks in life.
Life Cover from R200,000 up to R10 Million
Life cover pays out a single amount sum in case of your passing. You can pick between either our Life Simplified or Life Customized Life Cover alternatives.
Life Simplified offers you a speedy and simple option for cover up to R1 million, though Life Customized gives life cover over R1 million with more exhaustive cover alternatives and adaptability in choices, for example, Critical Illness and Disability Cover.
Whichever cover option you choose, you get the benefits of:
- Quick cash pay-outs on mortgage insurance to pay off that home mortgage in the event of death, serious illness, or disability
- We cover your premiums in the event that you are retrenched until you are back on track and able to start paying again
Ph: 011 282 8000