Momentum Insurance

For South Africans looking for reliable and innovative insurance solutions, Momentum is a go-to option.

This established insurance provider offers a range of insurance products designed to meet the needs of a wide variety of clients.

Reasons why Momentum is a great choice

• Stability and security: With a strong track record of financial stability and solvency, Momentum is a trustworthy insurer that clients can depend on.
• Innovative offerings: Momentum is known for developing innovative and forward-thinking insurance solutions, such as their Smart Underwriting technology and their Cashback Bonus rewards program.
• Excellent customer service: With a focus on service excellence, Momentum strives to provide you with prompt and effective assistance whenever they need it.
• Comprehensive cover: Whether you're looking for life insurance, health insurance, or short-term insurance, Momentum has a range of options to choose from.

A rich history of serving South Africans

Founded in 1966, Momentum has a long history of providing insurance solutions to South Africans.

The company was established by a group of South African actuaries who sought to offer a more personal and efficient approach to insurance, and that mission remains at the heart of the company's values today.

Over the years, Momentum has expanded its offerings to include a range of insurance products for individuals and businesses alike.

Personalised insurance solutions for a range of needs

Momentum offers a range of insurance products tailored to meet your unique needs.

These include life insurance, health insurance, car insurance, home insurance, business insurance, and more. You can choose from a variety of plans and coverage options to find the policy that best suits your needs and budget.

Service Excellence: Going above and beyond

Customer service is a top priority. The company is committed to providing you with prompt and efficient service whenever you need it.

From online chat and email support to in-person consultations, Momentum offers a range of ways for you to get the assistance you need.

The company's customer service team is known for going above and beyond to help clients navigate the insurance process and find the right policy for their needs.

Momentum's commitment to Corporate Social Responsibility

Momentum is committed to making a positive impact on the communities it serves through a range of corporate social responsibility (CSR) initiatives.

These include supporting education and skills development programs, promoting environmental sustainability, and empowering women and youth through various initiatives.

Losing a loved one is a difficult and emotional experience, and the last thing you want to worry about is the financial burden that comes with a funeral.

With funeral cover, you can have peace of mind that your loved ones will be taken care of during this difficult time.

Main features of Momentum funeral cover

• Immediate financial assistance for funeral expenses
• Cover for the main member, spouse, children, parents, and parents-in-law
• Optional cover for additional family members or people nominated by the member
• Accident cover that doubles the funeral cover in the case of an accident or violent crime
• Income booster benefit that provides short-term assistance to help the family adjust to monthly costs like groceries and other expenses
• Memorial benefit that provides financial support to commemorate the deceased
• Debt relief benefit that assists with the financial burden of minor household debts
• Inkomo benefit provides a monetary amount to help with the cost of livestock or any other ceremonial requirements
• Funeral transport benefit that can be used for transport costs
• Airtime benefit that is an optional extra to help with the cost of organising the funeral

Momentum funeral cover is structured to provide a flat Rand amount paid as a lump sum, with the income booster benefit paid in monthly instalments. You can choose to include other family members, such as spouses and children, who will also be covered for a flat Rand amount.

Cover of up to R100,000 with Momentum 

The maximum benefit is R100,000, with the spouse’s benefit not exceeding the amount of the member’s benefit, and the children’s benefits not exceeding R20,000 for children under the age of 6 years, or R50,000 for children under the age of 14 years.

Choice of cover based on your needs

You can choose from the following three options: Only the first of the member’s existing spouses (as defined) is covered; all of the member’s qualifying spouses are covered, but a maximum of three spouses’ claims will be paid per member; or all of the member’s qualifying spouses are covered, and there’s no maximum number of claims paid per member.

Policyholders can choose from the following two options for their children’s cover: all of the member’s natural children and legally adopted children will be covered with no maximum number of claims per member, or all of the member’s natural children, legally adopted children, orphaned grandchildren, financially dependent grandchildren, and stepchildren will be covered with no maximum number of claims per member.

By choosing Momentum Funeral Cover, you’ll be able to provide your loved ones with the financial assistance they need during a difficult time.

Benefits of using Momentum: 

• Quick and easy claims process
• Payment made within 48 hours of receiving all claim information
• Flexible options that can be tailored to your specific needs
• Affordable premiums
• A range of additional benefits that can be added to your cover

Momentum offers a range of options and benefits to ensure that your loved ones are taken care of during a difficult time. By choosing Momentum, you can have peace of mind that your family will not have to worry about the financial burden of a funeral.