Optional Benefits
As a Legal Shield policy holder, you have the option to add a number of additional benefits to your policy to cover you and your family (single options available). You can select the package that suits you. Go to our ‘Build your own product’ tab and calculate what your premium will be.
DREAD DISEASE
WHAT AM I INSURED AGAINST?
In the event that you or one of your family members are diagnosed with a dread disease, an amount of up to N$150,000 will be paid out. The following are classified as dread disease in terms of the policy:
- Cancer
- Heart Attack
- Stroke
- Paraplegia
- Kidney failure
- Organ transplant
- Blindness
- Motor Neuron Disease
HOW DO I CLAIM?
A claim form together with relevant medical documentation must be submitted within 60 days of diagnosis of the insured at the nearest Trustco office.
WHAT HAPPENS NEXT?
Your claim will be assessed and, if necessary, further medical information will be obtained. Once approved, the benefit will be paid out to you.
INCOME PROTECTION
WHAT AM I INSURED AGAINST?
This benefit covers you and your spouse or partner against loss of salary/income due to illness. The maximum cover is N$40,000 for a period of 12 months. You or your spouse must be under the age of 55 when you apply for this benefit.
HOW DO I CLAIM?
Submit a claim to your nearest Trustco office together with all relevant information within 60 days. Claim forms can also be submitted via e-mail. Check the address on our home page.
What happens next?
Your claim will be assessed and, if necessary, further information/documentation will be obtained. Once approved, the benefit will be paid out to you on a monthly basis.
HOSPITALISATION
What am I insured against?
In the event that you or a family member is hospitalised for a period of seven (7) days or longer, you will receive a cash benefit. You or your spouse must be under the age of 55 when you apply for this benefit.
What benefits do I receive?
In the event of hospitalisation, as described above, you will receive a payout of the cash benefit. If you or your spouse/partner are hospitalised, you will receive N$1,250 per day and in the event that one of your dependent children are hospitalised you will receive N$750 per day.
How do I claim?
Submit a claim to your nearest Trustco office together with all relevant information within 60 days. Claim forms can also be submitted via e-mail. Check the address on our home page.
What happens next?
Your claim will be assessed and, if necessary, further information/documentation will be obtained. Once approved, the benefit will be paid out to you
FUNERAL
The only certainty in life is death. Losing a loved one is hard on those left behind. Don’t leave them with the financial strain of your funeral expenses. With Funeral Shield you will have peace of mind that you and your family will get the funeral you deserve should the unexpected happen.
WHO IS COVERED?
The policyholder, his/her spouse (under the age of 70 years) and up to 5 children under the age of 21. Dependent children who study full-time at a recognised educational institution and are under the age of 25 may be included. With the family funeral option, you can add an extended family member who is under the age of 70. For an additional monthly premium, you can also add your parents and/or parents-in-law to enjoy the cover under your policy.
POLICY OPTIONS:
- Funeral Shield (Single)
- N$30,000.00 Cover
- Funeral Shield (Family)
- Policyholder and Spouse – N$30,000.00 Cover
- Up to 5 children – N$15,000.00 per child
- 1 x Extended Family member – N$15,000.00 Cover
- Parents – N$15,000.00 per parent
- Parent-in-law – N$15,000.00 per parent-in-law
- Funeral Family (Family Plus)
- Policyholder and Spouse – N$30,000.00
- Up to 5 Children – N$30,000.00 per child
All funeral policies are available with an HIV/AIDS inclusive or exclusive option.
All policies enjoy double the cover in case of accidental death.
WHAT IS THE DIFFERENCE BETWEEN A DEPENDENT AND A BENEFICIARY?
DEPENDENT : A dependent can be added to your family policy and will also enjoy funeral cover according to the terms and conditions of the policy.
BENEFICIARY: A beneficiary is the person nominated on the application form who will receive the monetary proceeds of the policy in case of the death of the policyholder.
How do I claim?
A claim form together with a death certificate and relevant medical documentation has to be submitted within 90 days of death of the insured the nearest Trustco office.
What happens next?
The claim will be assessed and if approved the funeral benefit will be paid to the nominated beneficiary or the estate.
PERSONAL BUSINESS COVER
What am I insured against?
Your business activities are covered for civil litigation by or against you in the generation of a secondary income. As long as it is your secondary source of income and the gross annual turnover is less that 1 million dollars. This can include any income producing activity of our member as long as it is a secondary source of income and is disclosed in the application.
How do I claim?
A claim gets submitted exactly the same way that a Legal Shield claim is submitted and must be done within 30 days of the cause of action.
What happens next?
Your claim will be assessed and, if approved, a legal practitioner will be appointed to assist.