Life Insurance

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Frequently Asked Questions (FAQ)

Who do I call to arrange life cover that suits my needs and budget?

Call DirectAxis today, or click here and we'll call you back!

How will my premiums be paid?

For your convenience, your premium will be deducted from the bank account into which your salary is paid by debit order every month.

How much life cover do you really need?

The amount of life cover needed will vary from individual to individual depending on personal circumstances and financial needs. It would be advisable to speak to one of our consultants about the different types of life cover offered through DirectAxis, in order to find one suited to your particular needs.

Can I increase my life cover at any time?

It is important to ensure that your insurance keeps up with your lifestyle. We suggest you take out sufficient cover to address your needs and financial ability, as it changes.

Why do you need life cover?

If you have a family, or people who are financially dependant on you, life cover is something that is essential to ensure their financial security. The life cover products that DirectAxis can offer you, will ensure that your family's financial needs are addressed in the event of your passing away, or should you become disabled and are unable to earn an income.

How do I take out a Burial Plan with DirectAxis?

Click here and we will call you back!

How do I pay my premiums on my policy?

Your monthly premium payment can simply be deducted from the bank account into which your salary is paid at the end of every month - for your convenience.

Who receives the benefit in the event of death?

When taking out a Burial Plan, you are required to nominate a beneficiary to receive the policy, should something happen to you. A beneficiary is the person who will either take over, or receive the value of your burial plan as a cash lump sum in the event of your death.

What is a Burial/Funeral Plan?

A Burial Plan offers financial peace of mind should you, or any members of your family, pass away. You can get cover of up to R30 000.