Links to www.swisslife.com About the Swiss Life Group Shareholders & Analysts
 

 
Momentum - South Africa
 
Momentum Life
 
  • Belongs to the financial services leader First Rand Group, which has assets under management amounting to ZAR 965 billion as of June 2009.
  • More than 150 years experience in group insurance business.
  • Ranked fourth in terms of premium volume in the group benefits market; total group risk premium income reached ZAR 1.38 billion as of June 30, 2009.
  • Innovative in its medical underwriting processes.
  • Very active in the area of benefits communication to employees.
  • Member of the Swiss Life Network since 1977.

 
Special Advantages
  • Catastrophe cover is offered, under which the insurer covers total claims in excess of a certain amount, up to a predetermined total amount.
  • Industry leader in HIV management.
  • Disability management is applied, a key strategic business focus that aims to reduce the risk exposure.
  • Alternative Risk Transfer (cell-captive insurance) solutions for group risk business and post retirement medical aid funding.
  • Offers a full range of group risk products and services.

Coverages and Products
Types of Benefit
Coverage available and poolable:

  • Group Life
  • Survivors’ Pension (rider)
  • Long-Term Disability Pension / Lump Sum
  • Short-Term Disability Pension / Lump Sum
  • Accidental Death & Dismemberment
  • Critical Illness


Coverage available:

  • Old Age Pension / Lump Sum
  • Medical

Financial Products
Product available:

  • Deposit Administration
  • Pooled Investment Funds
  • Company–Specific Portfolios

Website