Professional Provident Society (PPS), Life Insurance, is one of the largest multi-disciplinary groups of graduate…
Professional Provident Society (PPS), Life Insurance, is one of the largest multi-disciplinary groups of graduate professionals in the world. They have been in operation for over 71 years, and the company is comprised of over 210 000 professional members. PPS Life Insurance was established in 1941 in South Africa by a group of eight dentists who sought a better system of providing financial security in the event of an illness of injury resulting in an inability to practice and generate income.
This process involves collating all the relevant financial information and examining the existing financial status. Life goals may include saving for retirement, saving for your child’s education and buying a home.
PPS Life Insurance: Provider
This plan is designed specifically for graduate professionals seeking the best protection while they are starting out.
PPS Life Insurance: Sickness Cover
PPS Sickness cover is available for professionals who may be rendered unable to work and earn an income as a result of an illness or injury. Sickness benefits are paid out tax-free.
PPS Life Insurance: Student
This student plan is ideal for students who are still studying and are younger than 30 years. Members falling under this category enjoy reduced premiums.
PPS Life Insurance: Incapacity Benefits
Incapacity Benefits are designed to cover permanently incapacitated policyholders. It also includes Bonus Units of Benefit which are granted annually and increase the monthly benefit.
The Professional Provident Society Life Insurance pays out irrespective of whether or not you have any other existing policies or insurance cover. PPS Life Insurance services are available at highly competitive rates due to the low level of risk in the member pool. PPS makes it possible for members to temporarily cease premium payments in certain circumstances without accruing penalties. The PPS claim process is very effective without a prerequisite to prove loss of income before lodging a claim.
PPS contact details:
Address: 6 Anerley Road
Parktown, Johannesburg 2193