ACCOUNT BALANCE INSURANCE

Truworths, together with The Hollard Life Assurance Company Limited ("Hollard"), has designed an insurance policy that includes retrenchment, death, disability and serious illness protection. Tailored to suit your individual circumstances, there are three different options, addressing specific needs. If you are a Truworths account holder and are 59 years of age or younger, you may apply for retrenchment, serious illness or death cover. If you are 55 years or younger, you may also apply for permanent disability cover.

The three options are as follows:

1. ACCOUNT HOLDER COVER OPTION
Provides insurance cover for the amount outstanding on your Truworths account (up to R5 000) in the event that you are retrenched, die, contract a serious illness or become permanently disabled.

2. PARTNER COVER OPTION
Provides insurance cover for the amount outstanding on your Truworths account (up to R5 000) in the event that your partner is retrenched, dies, contracts a serious illness or becomes permanently disabled.

3. JOINT COVER OPTION
Provides cover for both yourself and your partner, which provides you with insurance for the amount outstanding on your Truworths accounts (up to R7 500) in the event that either/both you or/and your partner die, are retrenched, contract a serious illness or become permanently disabled.

PLUS

If both you and your partner have Truworths accounts, you may both apply for joint cover, which then provides you both with insurance for the amount outstanding on both your Truworths accounts (up to R7 500 per account) in the event that either/both you or/and your partner die, are retrenched, contract a serious illness or become permanently disabled.

 

Please remember to read the Account Balance Insurance Terms and Conditions before submitting your application. To apply for this insurance benefit, please click on the apply now button below.

 
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