DO GREAT THINGS EVERY DAY

Most people rely on their ability to earn an income. Make sure you’re able to provide
for yourself and your family if you’re unable to work or care for yourself because of an
illness or injury. Old Mutual Protect Disability Income Cover pays a monthly tax-free
amount from R6 000 to R250 000. It can be used to replace any lost income or cover
the costs of adjusting your lifestyle when you can’t work.

This is a summary of the key features of Old Mutual • You choose the date to receive the monthly
Protect Disability Income Cover to help you to payment to help you financially.
decide if you want to buy this product.
• You’re covered up to 30 days before your first
premium is payable.
Please read this with the About Old Mutual
Protect key features document to understand the
common product features, exclusions and other
insurance terms we use.

These documents do not replace the legal terms and Income Extender Benefit – extends the monthly
conditions in the Product and benefit rules, which payment from 24 months until:
we will send to you if we accept your application. - you recover and can work again or

- your cover ends or

- you die.

Sickness Benefit – pays up to 24 monthly payments

• Pays up to 24 monthly payments if because of
an illness or injury you’re temporarily, partially
or permanently:
- disabled and can’t work or
- impaired or
- can’t take care of yourself.
• Pays the full or a percentage of the cover amount
depending on how serious the disability or
impairment is.
• Pays up to three monthly payments for certain
bone fractures.
• Monthly payments will increase each year if you’ve
selected an increasing cover pattern.
• We’ll double your increasing cover pattern for up
to five years while you’re receiving monthly
payments for a disability or impairment if you’re:
- younger than 34 and
- work in certain professional occupations.
when you’re booked off from work because of a
sickness or injury.
Family Support Benefit – pays up to three monthly
payments if your:
• spouse/partner or a biological, step or legally
adopted child younger than 18 have a severe
illness and need you to care for them or
• your spouse/partner dies.
And, pays four monthly premiums as a single
amount:
• on the birth or stillbirth of your or your spouse’s
biological child or
• if you legally adopt a child younger than three.
Cashback – Every 5 years, on the cashback anniversary,
we will pay back 15% of all premiums received for the
contract since the previous cashback anniversary and
while cashback existed on your contract. Cashback will
not be paid if the contract is not active on the cashback
anniversary. Cashback would, on average, increase your
premium by 12.5%.
 If you:
• want a single payout

• aren’t employed.

• You must be at least 17, and younger than 59 when

you apply.

• You choose the premium and cover patterns that

work best for you.

• If you stop paying premiums your cover stops.

• If you cancel the product, you will not receive any

money.

• You choose when your monthly payment should

start (seven days, one, three, six, 12 or 24 months)
after you become disabled or impaired.
• We will only pay the cover amount in the term
you’ve chosen, which is until the date your cover
ends or you die.

• When you retire or turn 69, your disability cover

will stop. You’ll only be covered for impairments
until the date your cover ends or you die.

For more information: Speak to your adviser | Visit oldmutual.co.za

L13073 PPM 06.2019.3.3

Old Mutual Life Assurance Company (SA) Limited is a licensed FSP and Life Insurer.