Frequently Asked Questions
Hover your mouse over each question to see the answer.
WHAT WILL THIS PLAN DO FOR ME IF I’M UNEMPLOYED THROUGH REDUNDANCY ?
WHAT WILL THIS PLAN DO FOR ME IF I’M UNEMPLOYED THROUGH SICKNESS OR ACCIDENT ?
IS THIS INSURANCE COMPULSORY ?
CAN I INSURE FOR MORE THAN MY MONTHLY IVA PAYMENT ?
HOW QUICKLY IS THE FIRST BENEFIT PAID ?
FOR HOW LONG IS THE ACCIDENT OR SICKNESS BENEFIT PAID ?
FOR HOW LONG IS THE REDUNDANCY BENEFIT PAID ?
TO WHOM ARE THE CLAIM BENEFIT MONIES PAID ?
CAN THE PREMIUM INCREASE AFTER I COMMENCE THE PLAN ?
CAN THE COVER BE CANCELLED BY THE INSURER ?
HOW DOES THIS PLAN INCREASE MY CHANCES OF MY IVA PROPOSAL BEING ACCEPTED ?
WHAT IF MY IVA IS EXTENDED BEYOND SIXTY MONTHS ?
WHAT IF MY IVA IS PAID OFF EARLY ?
WHAT IF MY MONTHLY IVA PAYMENT IS INCREASED ?
WHAT IF MY IVA PAYMENT IS DECREASED ?
CAN I CANCEL THIS PLAN AT ANY TIME ?
ARE THE CLAIM BENEFITS TAXABLE ?
WHAT IF I CAN’T UNDERSTAND THE DOCUMENTATION, OR HAVE FURTHER QUESTIONS ?
