We don’t have shareholders like other insurance companies. Our policyholders are our members/shareholders, and our profits go back to our members.
We offer Life cover, Critical illness cover, Disability cover and Income protection cover
Yes, one or more of our benefits can be added on a single policy, in any combination
You contact your financial adviser. If you don’t have one contact us and we will put you in touch with a Financial Adviser
Most certainly, all our members qualify for Profit-Share based on the premiums you pay
A portion of your accumulated Profit-Share is accessible at any point in time, and it is this accessible portion that is paid out on the lapse or cancellation of a policy.
If a glu life insurance policy is cancelled or lapses before the full vesting date, any rights to that policy’s inaccessible Profit-Share will be forfeited.
At this stage yes, however, there is no additional cost to you in using a Financial Adviser.
Simply contact us and we will arrange for our distribution support team to contact you
Our Premium on Pause option offers you a 3-month cessation of premiums when they cannot be paid for affordability reasons. Your policy remains active but, during this pause, your claims are not covered.
Premiums are due by the 1st day of each calendar month, for cover in that calendar month, with the collection day following your selected debit order date
Yes, you can log into our online portal to access all your policy information
This can be initiated through our online portal, or you or your loved ones can contact us for assistance.
No, Profit-Share is not impacted by a claim
Yes, we are underwritten by PPS, an established and well-funded mutual insurance company operating for over 80 years in South Africa