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PinnAfrica Life Insurance is a short and long-term insurance company established in 1997. PinnAfrica specializes…
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PinnAfrica Life Insurance is a short and long-term insurance company established in 1997. PinnAfrica specializes in consumer credit insurance, building a profitable portfolio of business with their partners to their core competence of innovative product development, and world class and administration solutions. In 2009, the company was acquired by a local insurance giant, Lombard Insurance Company Limited. PinnAfrica Insurance Underwriting Managers (Pty) Ltd. continues to fulfill its role as the specialist consumer credit protection insurance underwriter for Lombard’s and PinnAfrica’s life product range.
Credit Life Protection: Death Cover
In the event of your death, the settlement amount due to your Finance Agreement will be paid as at the date of the incident or occurrence which caused the claim, excluding any condition arising from pre-existing conditions.
Total Permanent Disability:
In the event of becoming disabled or permanently unable to work, the settlement amount (excluding arrears and additional capital charges) due on your Finance Agreement will be paid as at the date of the incident/occurrence which caused the claim, excluding a disability or condition arising from a pre-existing condition/s.
PinnAfrica Life Insurance Critical Illness:
If you are diagnosed with any of the following; Heart Attack, Stroke, Cancer, Coronary Artery Disease requiring surgery, Kidney Failure, Major Transplants and Paraplegia, PinnAfrica Life Insurance will settle the amount due on your Finance Agreement which will be paid as at the date of the incident/occurrence which caused the claim.
Temporary Disability
Should you suffer a loss of normal income from your own/similar occupation as a result of illness or bodily injury (Temporary Disablement), the benefits will commence after a deferred period of 30 days. The disability will be reviewed at regular intervals as determined by the insurer. The full monthly instalment will be paid or a proportion thereof if you suffer only partial loss of income.
Retrenchment/Redundancy
Should you be retrenched or made redundant, they will pay a benefit equal to the full monthly installments due on the Finance Agreement up to a maximum of 4 full monthly installments.
PinnAfrica Life Insurance Hospitalisation
Should you be hospitalised, after an initial seven days in the hospital, they will pay a benefit equal to the full monthly instalments due on the Finance Agreement up to a maximum of 4 full monthly installments.
PinnAfrica contact details:
Address: The Ambridge Office Park
1 Vrede Avenue, Epsom Downs
Douglasdale 2021
Tel: 010 007 0069
Email: [email protected]
Website: www.pinnafrica.co.za
