Namibia
Care That Outlasts You
Simple Life Plan delivers premium cover up to N$15 million, with no waiting period.
How you will benefit
A lump sum pay-out
Up to N$1,000,000 to your beneficiary in the event of your death.
Your life cover remains
If you claim for Permanent Disability, Critical Illness and Physical Impairment.
No medical tests
No questions asked.
No waiting period
For accidental causes.
ABI option
Choose an Annual Benefit Increase of 5% or 10% to assist in keeping your benefit in line with inflation for additional peace of mind.
Out of country
Your covered outside Namibia for up to 12 months.
Additional benefits
Designed to help you and your family when you can no longer earn an income.
Cover increase benefit
Choose to increase your cover every 12 months as your lifestyle changes.
Who Can Be Covered
Choose your life cover amount; built-in benefits scale with the cover you select.
| Life Cover Selected | Critical Illness | Physical Impairment | Permanent Disability | Funeral Benefit | Accidental Death Additional Cover |
|---|---|---|---|---|---|
| N$100,000 | N$50,000 | N$100,000 | N$100,000 | N$10,000 | N$25,000 |
| N$200,000 | N$100,000 | N$200,000 | N$200,000 | N$10,000 | N$50,000 |
| N$300,000 | N$150,000 | N$300,000 | N$300,000 | N$10,000 | N$75,000 |
| N$400,000 | N$200,000 | N$400,000 | N$400,000 | N$10,000 | N$100,000 |
| N$500,000 | N$250,000 | N$500,000 | N$500,000 | N$10,000 | N$125,000 |
| N$600,000 | N$300,000 | N$600,000 | N$600,000 | N$10,000 | N$150,000 |
| N$700,000 | N$350,000 | N$700,000 | N$700,000 | N$10,000 | N$175,000 |
| N$800,000 | N$400,000 | N$800,000 | N$800,000 | N$10,000 | N$200,000 |
| N$900,000 | N$450,000 | N$900,000 | N$900,000 | N$10,000 | N$225,000 |
| N$1,000,000 | N$500,000 | N$1,000,000 | N$1,000,000 | N$10,000 | N$250,000 |
Not sure how much cover you need?
A Liberty adviser will help you find the right cover amount for your family.
How you will benefit
Additional Benefits
Permanent Disability
A lump sum is paid out should you become permanently unable to work due to disability. This will help with the loss of income and unexpected new expenses as a result of the disability.
Critical Illness
A lump sum is paid out on the first diagnosis of the following illnesses: Cancer, Heart Attack, Coronary Artery Bypass Graft, Stroke, Major Organ Transplant or End-Stage Renal Failure. In this difficult time assistance may be needed for health care resources or other medical expenses.
Accidental Death
This benefit increases your Life Cover by 25% in the event that you pass away due to an accident.
Physical Impairment
It's an emotional time that can cause financial strain due to lifestyle changes. Which is why this benefit pays out a lump sum should you suffer any of the following permanent impairments: loss of sight, loss of hearing, loss of or loss of use of the limbs, loss of speech, suffering major burns, or the inability to perform at least four out of the following six daily living activities: bathing, dressing, feeding, continence, mobility, transferring.
Funeral
This benefit pays out an additional lump sum of N$10,000 within 48 hours of your death to assist with funeral expenses.
Cover period
Up to age 65.
Beneficiary
The benefit is paid out to you.
Cover amount
Up to the same value as your Life Cover for Permanent Disability and Physical Impairment, but not higher than your Life Cover. Up to half the value of your Life cover for Critical Illness.
Waiting period
None for accidental causes. 12 months for natural causes.
Cover amount options
You can increase your cover and take additional benefits every 12 month period from the start date of your policy. A new waiting period will apply only to the additional cover.
Out of Country Cover
You will be covered outside Namibia for a maximum of 12 months provided that period by informing us in writing and we will confirm before this is effected.
Claiming for other benefits
You will need to go to your registered broker, agent or sales consultant to lodge the claim. They will advise you of the required documents.
For example:
If you have an N$200,000 Life Cover initially and increase it by N$200,000 12 months later, the lower N$200,000 cover starts immediately while the new N$200,000 cover is subject to a waiting period.
N$200,000 Life Cover from start of policy
12 months later: additional N$200,000 added
Waiting period applies only to the new N$200,000
After 12 months, full N$400,000 cover active
Life Cover
You nominated beneficiary must go to your registered broker, agent or sales consultant to lodge the claim. All valid claims will be paid after all the required claim documents have been submitted to Liberty and the claims assessment is complete.
Ready to take care of your family?
Request a call back today. A Liberty adviser will tailor cover that suits your needs.