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LATEST NEWS

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Discovery Life exclusive offers

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Discovery Life exclusive offers designed  to release significant additional value for all client segments
  1. Smart Payback: Smart Life Plan clients with at least half of their qualifying premiums back through the Smart PayBack Fund. 
  2. Gold Vitality Status PayBacks for three years: All new qualifying Classic and Purple Life Plan clients with Gold Vitality status will receive PayBacks for the first three years of their policy.
  3. Buy-up Cash Conversion Benefit: Qualifying clients who take out this benefit for the first time can now also receive 100% of their qualifying Life Plan premiums back for up to five years, grown at a guaranteed rate of CPI, and paid at age 65.
  4. Discount on their lump-sum disability benefit: Clients can receive a 100% premium  discount on their lump-sum
    disability benefit for one year.     

To get more information on the Discovery special , contact Ray or Kevin email: invest@daberistic.com  tel no: (011 658-1333)

Source:Discovery
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Vat Increases SHORTTERM PREMIUM 

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The National Treasury announced an increase in Value-Added Tax (VAT) from 14% to 15% effective 1 April 2018. Your monthly short-term insurance premium collected from 1 April 2018 will include VAT at the amended rate of 15% and not the 14% previously communicated to you. For annual policies with cover that commenced before 1 April 2018, insurance company will not increase the premium until the next renewal.

All claims settled from 1 April 2018 will include VAT at 15%. Sums insured, limits and excesses will not be affected. Please ensure that you are adequately insured and you may contact us to review sum insured so we can advise you accordingly. 

Click here for some Frequently asked questions relating to the premium increase

​For any other queries relating to your insurance please contact Jan or Po-Lin  in our Short Term department  shortterm@daberistic.com tel no:  (011) 658 – 1333​