Prime Meridian Direct
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COMPARE PMD LIFE COVER PRODUCTS

  • Provides
    cover for

  • MAX SUM ASSURED
  • GROWING COVER
  • GUARANTEED PREMIUM
    irrespective of your age
  • FIXED PREMIUMS
    for life
  • DEATH & DISABILITY COVER
  • TERMINAL ILLNESS BENEFIT
  • PRE-EXISTING CONDITIONS
  • FAMILY PLAN
  • INDIVIDUAL PLAN
  • IMMEDIATE EXPENSES BENEFIT
  • PRIME LIVING COVERGROW

  • FROM AS LITTLE AS
    R449*PM
    FOR R1 MILLION COVER
  • R5 MILLION*(AGES 18-70)
  • COVERED AFTER A WAITING PERIOD
  • OPTIONAL
  • LEARN MORE
  • Provides
    cover for

  • MAX SUM ASSURED
  • GROWING COVER
  • GUARANTEED PREMIUM
    irrespective of your age
  • FIXED PREMIUMS
    for life
  • DEATH & DISABILITY COVER
  • TERMINAL ILLNESS BENEFIT
  • PRE-EXISTING CONDITIONS
  • FAMILY PLAN
  • INDIVIDUAL PLAN
  • IMMEDIATE EXPENSES BENEFIT
  • PRIME LIVINGLEGACY

  • FROM AS LITTLE AS
    R140*PM
    FOR R50 000
  • R300,000(AGE DEPENDANT)
  • COVERED AFTER A WAITING PERIOD
  • OPTIONAL
  • LEARN MORE
*Terms and Conditions apply.

LOOKING TO BUY LIFE INSURANCE?


Buying life insurance and getting quotes for it in South Africa can be tricky. For some, it's worth taking independent professional advice before buying life insurance. However, many people know what they want and would rather buy direct. If you feel you need advice, make sure you consult and independent financial advisor before making any commitments. Alternatively, you can trawl through life insurance price comparison sites, quotation and cashbacks sites to find the best deal, but it can take a long time and may become awfully confusing. You may find shopping for cheap life insurance simpler by going direct and speaking with a tele-agent who can quickly provide you with a full product explanation and pricing in just one call.


BUYING LIFE INSURANCE DIRECT CAN POTENTIALLY SAVE YOU MONEY


Too often, we're sold insurance products with significant broker commissions and high costs. Buying life insurance direct by comparison, can be considerably cheaper. For individuals looking for cheap life insurance heavy upfront broker commissions and medical examination costs can play a role in limiting choice. Fortunately, there are several viable cheap life insurance alternatives.


3 SIMPLE THINGS TO REMEMBER WHEN PURCHASING LIFE INSURANCE

1. WHEN SHOULD YOU BUY LIFE INSURANCE? THE SOONER THE BETTER! Traditional life insurers evaluate each applicant by using a process called "risk profiling". Things like your state of health and whether you are a smoker or not play a role. However, a key determinant in the premium you are quoted is your age. The sooner you purchase life insurance the lower your premium.


2. WHAT INFORMATION DO YOU NEED TO PROVIDE? THE MORE INFORMATION THE BETTER! Be sure to fully declare all aspects of your current state of health and medical history. If you wilfully withhold important medical information, it can lead to the rejection of a claim at a future date. When it comes to life insurance, honesty is always the best policy.


3. HOW MUCH LIFE INSURANCE COVER DO YOU NEED? The rule of thumb is 10 times your annual income, plus the total of all your debts (credit cards, personal loans, mortgage, car loans etc.), plus an estimate for final expenses that will have to be paid upon your death. In most circumstances, this amount of life insurance should provide handsomely your dependents to live on for some time into the future, so long as it is not wastefully spent.


CHEAP LIFE INSURANCE AVAILABLE NOW

Certain health conditions can make life insurance very expensive or possibly even unavailable. If you have a pre-existing health condition, you have what's known in the industry as an "impaired" or "sub-standard" life. This means that you will pay considerably more than the average person who is in good health. However, certain insurance businesses like Prime Meridian Direct ("PMD") (www.primemeridian.co.za) have innovated next generation Personal insurance product that are extremely affordable and can assist in overcoming these limitations and financial barriers. For example, with PMD's Prime Living CoverGrow product, your age doesn;t count against you. You enjoy standardised rates that remain fixed throughout the duration of the policy - unheard of in the industry! Moreover, your pre-existing conditions will not count against you and you're fully covered after just 36 months. Should you unfortunately succumb to a pre-existing health condition during that waiting period, all your premiums will be returned. In short, you simply cannot lose with a PMD Prime Living CoverGrow policy Shopping for cheap life insurance cover is easy. You can shop and compare quotes online all day if you like, or you can go directly to organisations like PMD and buy direct.