Disability Cover

Temporary disability, due to a short term injury or illness, is typically covered through an income protection cover that pays a monthly income while you recover. Permanent disability cover, like Investec Life’s Disability Cover, provides a once-off lump sum payout if you’re permanently unable to work or care for yourself. It supports long-term lifestyle adjustments, rehabilitation, and financial stability.

Disability cover pays a lump sum if you become permanently disabled and can’t work. Income protection insurance provides monthly payments if you're temporarily or permanently unable to earn an income due to illness or injury. Disability cover is designed for long-term life adjustments, while income protection supports your income gaps.

Yes - you can take out individual disability cover even if you have group life insurance through your employer. Group cover is often limited or generalised. Investec Life’s Disability Cover can act as a standalone policy or top-up, giving you personalised protection based on your career and income needs. It is advisable to speak to a financial adviser to understand how much Disability Cover you need if you have an existing group life insurance.

Payouts are based on objective medical criteria and cover permanent disability conditions related to cardiovascular, neurological, musculoskeletal, cancer and seven other listed categories of conditions. You are covered for 50% or 100% payout amounts depending on the severity of your disability.

Disability cover pays a lump sum if a permanent illness or injury prevents you from working or caring for yourself. It helps cover debts, medical expenses, lost income, home or vehicle modifications and day-to-day living costs, offering essential financial support when your ability to earn or function independently is compromised.