Step 5 of 6

Please take a look at this important info below

SWITCH2 BENEFITS

Switch today and receive the following benefits:

• The policy will pay a lump sum directly to the Credit Provider equal to the value of the outstanding debt in terms of a credit agreement in the event of the death of the assured life or their permanent disability;
• The policy covers the full monthly instalment for a period of up to 6 months in the event of you suffering a loss of income through temporary disability, retrenchment or any other cause through no fault of your own;
• The temporary disability cover will pay the full monthly instalment for a period of up to 12 monthly instalments if you are self-employed.

In addition to the above, with Switch2, you can Refer-A-Friend and earn!

• We offer R150 for every referral that signs up and pays their first debit order.
  _{* Terms and Conditions apply}

READY TO START SAVING?

Are you ready to start saving and to SWITCH your credit life insurance policies?

IMPORTANT INFORMATION – PLEASE NOTE

• Switch2, a Division of Clientèle Life Assurance Company Limited (“Switch2”), an Authorised Financial Services Provider and registered Insurer, FSP15268, is licensed to distribute credit life insurance products.
• We will be contacting your lenders on your behalf to cancel your current insurance and replace it with our credit life insurance. In order to do so, you will need to appoint Switch2 as your agent for Credit Life Insurance products, with authority to investigate, quote, replace and cancel all related credit life policies in your name.
• By agreeing to switch, you nominate each of your named credit providers as a “loss payee” in terms of your Switch2 policy, up to the settlement value on the happening of the insured event.
• Please note that you authorise the insurer to make payment up to the settlement value to each credit provider on the happening of the insured event; and for the insurer to settle your obligations to each credit provider as a preferred creditor, at any time during the term of the credit agreement on the happening of the insured event.
• You have the right to cancel this policy at any time by giving us 30 days’ notice and ensuring that an alternative policy is in place.
• The Insurer for this policy is Clientèle Life Assurance Company Limited, an Authorised Financial Services Provider and registered Insurer, FSP15268.
• Switch2 is a Division of Clientèle Life Assurance Company Limited, which is permitted to sell long-term insurance.
• Our phone number is 087 700 002.
• Clientèle Life Assurance Company Limited has professional indemnity cover in place.
• Switch2, a Division of Clientèle Life Assurance Company Limited, has a conflict of interest policy in place which can be requested.
• All information obtained or acquired from /about you shall remain confidential unless you provide written consent, or unless we are required by law to disclosed such information.
• If you have any complaints, you can lodge a complaint at complaints@switch2.co.za. A copy of our Complaints Resolution Policy is available on request.
• Should you not be satisfied with the manner your complaint has been dealt with, you can contact the FAIS Ombudsman, within 6 months of lodging the complaint, by phoning (012) 762 5000.

COVER EXCLUSIONS

• This policy is only available to people who are earning an income.
• If you are retrenched within 90 days of the commencement of the policy being replaced, you will not be covered.
• Suicide exclusion is from the policy being replaced.
• Any pre-existing medical conditions will not be covered if you are within the first 12 months of the policy being replaced.
• If you are currently under debt review, you will not be covered.