Life Cover

Insurance for those who think long-term

In insurance terms, this is the biggie.

Life has its limits, but your love for your family doesn’t.

Our Life Cover pays a lump sum on your passing, ensuring the people you care for most won’t suffer financial hardship. With glu, in the event of you being diagnosed with a terminal illness with less than 12 months to live, your glu cover pays out immediately. Additionally, our Immediate Needs Benefit pays a maximum of R100 000 within 48 hours of notice of death, to help your family deal with funeral and related costs. These benefits come to you at no extra cost.

Why get Life Cover from glu?

Our Life Cover is straightforward and easy to understand, it includes added value benefits and is flexible where it counts. Then of course there’s Profit-Share, the ultimate life-enhancing bonus feature.

Sharing the wealth

Profit-Share bonuses are paid into your glu Profit-Share Policy.

Help when it’s needed

Fast financial assistance for your family, while your claim is being assessed.

Get cover for your entire life

Choose between cover until age 65, or whole of life cover which continues as long as you do.

Benefits and features galore!

Terminal Illness Benefit

Help to manage end-of-life expenses when you need it most. With glu, your Life Cover is paid-out if you are diagnosed with a terminal illness and have less than 12 months to live.
01
Immediate Needs Benefit

In a crisis, your family could need money fast but end up struggling with a frozen bank account. We advance a payment of up to R100 000 from your Life Cover, normally paid within 48 hours of us receiving required documentation.
02
Accelerated Disability Cover

We pay out a portion of your Life Cover if you have selected this option and you become permanently disabled.
03
Tailor the premium you pay

You have a choice between level and age-rated premium patterns. Age-rated means your premium starts off lower but increases annually with your age. Under the level premium pattern, premiums remain unchanged for the same level of cover, regardless of the member’s age. Level premiums are usually more expensive at the outset, but then the premium doesn’t increase.
04
Tailor your total cover

glu Life Cover starts at a minimum of R100 000, with a maximum amount of R25 million per life.
05
Easy online application process

We’ve simplified our medical requirements to make applying online quicker and easier.
06
Automatic cover increases

Yes, this is actually a GOOD thing. Your needs change over time, and inflation only goes in one direction. You can choose to add 3%, 5% or CPI (capped at 10%) as an annual Automatic Cover Increase, and you won’t have to go for more medicals to ensure you have adequate future cover.
07
Admin made easy

Keep on top of your information. Just log into our user-friendly online portal for instant access to all your policy details.
08

Insurance for
those who

think
long-term

Thinking beyond just today, beyond just yourself…that’s what mutuality is all about. With glu, you insure to ensure. Ensure your family’s security. Ensure your future prosperity. Ensure your share of our performance, thanks to your Profit-Share policy. Mutuality has many benefits, that’s for sure.

Tell Me More

Here’s how: glu is an open mutual, we don’t have shareholders like other insurance companies. Our policyholders are members and they are the ones who share in our profits.
Hey, you can’t be too careful. But with us you are safe. We’re part of PPS, an established and well-funded mutual insurance company operating for over 80 years in South Africa.
We have a broad range of benefits to handle most eventualities: Life Cover, Critical Illness Cover, Disability Cover and Income Protection Cover.
You contact your trusted financial adviser. If you don’t have one, contact us and we’ll assist.
You can claim either by contacting your financial adviser, going through our online portal, or contacting us directly for assistance.
We never want you to have doubts about your decisions. There’s a 31-day cooling-off period during which you can cancel and all premiums paid will be refunded, subject to not having claimed.
Absolutely. If you’re younger than 60 and take out a life insurance product from glu, you automatically qualify for a Profit-Share policy. Profit-Share allocations are based on the premiums you pay. Good news, your Profit-Share will not be impacted by making a claim.
We hope it doesn’t happen, but the accessible portion of your Profit-Share will be available to you on the lapse or cancellation of your risk policy.
If you don’t let us know that you are having problems paying your premiums and they remain unpaid for 60 days, then your policy will lapse. But before that happens, we’re here to help.
Our Premium on Pause option enables you to temporarily stop paying premiums on the entire policy or on specific cover types for up to 3 calendar months – giving you the flexibility you need during temporary financial difficulties. Your policy remains active but, during this pause, your claims are not covered. Keep in mind that you can only ‘activate’ Premium on Pause once your cover has been active for 6 months and only once within a 5-year cycle.
Yes, we can add recognised financial institutions as a cessionary on the policy, meaning that if you die, the amount of your outstanding debt will be paid to that institution.
Premiums are paid monthly by debit order and are due by the 1st day of each calendar month, for cover in that month.
Just let us know, and we’ll arrange for someone from Distribution Support to contact you.
Yes, we cover suicide claims after a 2-year exclusion period from when you start, reinstate, or increase your Life Cover. For cover increases, the 2-year exclusion only applies to the increased portion, while the original cover amount keeps its initial exclusion period.

Get in touch

Let us contact you