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Multi-Prof

Updated
  • Affordable Insurance Plans
  • Quick Online Quotes
  • Reliable Life Insurance
Multi-Prof homepage
Author Multi-Prof. Screenshot of Multi-Prof website.
[Accessed June 7, 2023]

About Multi-Prof

Multi-Prof was created with the vision of providing South Africans with a comprehensive variety of short-term insurance products and services.

With an impressive twenty-plus years in the insurance industry, they can offer you top-class products and expert advice from trustworthy resources.

An insurance broker that caters to your needs

Choosing the right life insurance in South Africa could be a challenging task, considering that there are so many schemes to choose from. Multi-Prof’s experienced and expert advisors can make life easier by assisting you to make the right choice to suit your budget and needs.

What’s the insurance broker's role?

An insurance broker essentially acts as the middleman between you and the insurer. They’re expertly equipped with inside knowledge of the industry. Once the broker understands what you need, they can advise you on the best product or service available.

Insurance brokers also have well-established relationships with a wide range of service providers in the industry, enabling them to negotiate a better rate on many products and services.

Is having life insurance justifiable?  

With the cost of everything in South Africa on the rise, you might wonder if having life insurance is really justifiable. With so many affordable options on the market, the short answer is yes.

Life can be unpredictable and in the event of your passing, you’ll have the assurance that your family is being taken care of financially. Life insurance gives you the peace of mind to know that any outstanding debt could be covered, your children’s education can be paid for, and there’ll be no need for financial distress.

The benefits of using an insurance broker

Acquiring the services of an insurance broker can be beneficial in many ways. Your broker has extensive knowledge in the industry and can help you to find the medical aid that meets your needs best.

Multi-Prof Services

Multi-prof strives to uphold an outstanding level of customer service. Their consultants are dedicated to providing you with up-to-date and market-related advice and guidance to maximise your finances.

What is life insurance?

Essentially, life insurance is an agreement between you and your insurer. This agreement is a promise that if you pay the agreed-upon premiums, your insurer will pay out a lump sum to your chosen beneficiary in the event of your death. The beneficiary can then decide how to apply the funds.

Multi-Prof life insurance

Multi-prof knows how important it is to leave a lasting legacy. They understand that life insurance is not a one-size-fits-all product and have therefore made numerous options available.

All of the life insurance products from Multi-prof carry the following advantages:

  • Depending on the insurer you ultimately choose, there are no blood tests or medical exams needed before you take out life insurance.
  • Multi-Prof’s policies can be bought over the phone or online and requires no paperwork.
  • You can compare numerous life insurers before making a choice.
  • The premiums start from as little as R120 per month.
  • You’re guaranteed to get a two-year fixed premium.

The maximum cover you can expect

Offering you exceptional value for money, they enable you to obtain life cover up to a maximum amount of R10 million. The disability cover also carries a maximum amount of R10 million and pays out should you become disabled permanently.

In the case that you’re diagnosed with a dread disease, you can access coverage of up to R4 million. Their funeral plans have a maximum of R45,000 for you and your family. You can add your parents and extended family members to the funeral policy too.

Multi-Prof – Life insurance

  • Product Life Insurance
  • Insurance Premiums
    Multi-Prof offers life insurance premiums starting from as low as R120 per month. This affordable pricing allows you to protect yourself and your family without breaking the bank.
  • Customisable Life Insurance Policy
    With Multi-Prof, you have the flexibility to build a life insurance policy that suits your specific needs. You can choose from various cover options, including up to R10 million Life Cover, R10 million Disability Cover, R4 million Dread Disease Cover, and R45,000 Funeral Cover. This allows you to tailor your policy to provide the right level of protection for yourself and your loved ones.

Benefits of Multi-Prof

  • Car and Household Insurance: Multi-Prof offers comprehensive insurance coverage for your buildings, belongings, cars, and even watercrafts. 
  • Vehicle Tracking: Multi-Prof provides a convenient service for comparing quotes from companies that offer vehicle tracking and recovery. 
  • Medical Aid Quotes: With Multi-Prof, you can easily request quotes for medical aid from up to 20 of South Africa's top medical aid schemes. 
  • Gap Cover: Gap cover is designed to bridge the gap between your medical aid coverage and any potential shortfalls in medical expenses.
  • Bond Protection Insurance: Multi-Prof offers Bond Protection Insurance at affordable rates, starting from R75.00 per month.
  • Tax-Free Investment Plan: Multi-Prof provides a Tax-Free Investment Plan that allows you to save without incurring additional costs in the form of tax penalties. 

Secure a lasting legacy with Multi-prof’s life insurance

When you take out a life insurance policy, there are a few important factors that you need to consider. All of these factors influence your policy in one way or another.

A list of possible influencing factors

  1. Your age – When it comes to life insurance, your age is the most important factor. Your life expectancy calculates the risk to the insurer.
  2. Your health – The status of your health often gets determined by health screenings. This also indicates a risk to the insurer.
  3. Your lifestyle – The lifestyle you lead is taken into consideration when calculating premiums. If you have, for instance, a high-risk job your insurance premium is affected and usually is more.
  4. Your driving record – If you have a history of vehicle accidents, drunk driving or any other high-risk driving violations, you can expect your premiums to be drastically higher than normal.

How to obtain a life insurance policy

The first thing to do is to get a quote for life insurance. This is a straightforward process where you’ll complete only one questionnaire that’s used to get the most suitable offer.

You’re required to supply information like:

  • Your personal details
  • Your current health status
  • A nominated beneficiary
  • Amount of coverage you need
  • Depending on the insurer, blood tests and medical screening

What happens next?

Once you’ve completed the required information, your needs are assessed and you’ll be presented with numerous quotes. When you decide on an insurer, your broker sends you the insurance documents for your signature.

Make sure to read through them thoroughly and if there’s anything that you don’t understand, your Multi-Prof broker will explain everything to you. When the documents are signed you’re the proud new owner of a life insurance policy.

4 Reasons to have life insurance

  1. You leave your loved ones with financial security
  2. Money can be used to cover your outstanding debt
  3. Eases the financial burden of a sudden loss of income
  4. Ensure that your family is taken care of when you pass away

Multi-Prof can simplify life insurance

Searching for life insurance can be confusing and scary. There are so many options to choose from. Many of these policies are written in ways that are not easily understood.

This is where Multi-Prof can simplify life for you. They know and understand insurance and they're dedicated to helping you find the most suitable option for your budget and needs.

Multi-Prof Contact

Contact Number

E-Mail

Website

Physical Address

  • 323 Piet Retief Crescent Hermanus Western Cape 7200 South Africa
  • Get Directions

Postal Address

  • PO Box 804, Hermanus, 7200, South Africa

Opening Hours

  • not available