PSG Online Life Insurance is part of the PSG Konsult group, a renowned platform which…
PSG Online Life Insurance is part of the PSG Konsult group, a renowned platform which specifically focuses on insurance solutions, asset management and wealth management for businesses and individuals. PSG Online Life Insurance is one of the leading financial services providers in South Africa, offering a broad range of life insurance services. The group prides themselves on transparency and trust and to achieve this personalized service, the group has adopted a face-to-face model and enhanced interaction via integrated electronic platforms.
PSG Life Insurance pays a lump sum amount to your chosen beneficiaries in the event of your accidental death or death caused by natural causes. This ensures that your family and loved ones are protected in your absence. The lump sum payment can be used to settle outstanding debts to not leave your defendants in financial burden.
PSG Insurance offers a variety of payment options. In option one, policyholders can opt for the aggregated option which means that premiums will start at a minimum level and increase annually based on the age of the Main Life Assured. Alternatively, premiums can be fixed, starting at a minimum level and increase annually based on a fixed percentage. The third option offers fixed premiums from the date of inception of the policy up to the last day of cover.
The PSG Life Term Insurance is the most basic life insurance cover designed to offer protection against death or disability over a specific period of time. In the event that the beneficiaries of the Main Life Assured do not lodge a claim within that given time period, the term insurance policy expires. Term life insurance is a cost-effective method of providing cover for a family and is ideal for the young and middle-aged. Term insurance is more costly for senior citizens because the likelihood of the Main Life Assured dying is greater.
Critical illnesses and tragic accidents are also covered by PSG Life. The Critical Illness and Disability cover pays out a lump sum upon the diagnosis of a critical illness or disabling accident.
PSG contact details:
Address: Block B; Corporate 66 Office Park
269 Von Willich Avenue
Die Hoewes, Extension 233