Salary Protection

What does my Salary Protection do?

Different Salary Protection will pay you a monthly income if you are disabled through illness or injury and are unable to work. The payments will start after you have been off work for 3 months and will be limited to 75% of your after-tax income immediately before you became disabled. For the first 12 months after you go off work, we will consider your specified occupation when assessing your ability to work. Once the first 12 months have passed, we will better understand your situation, and we will also look at alternative occupation in which you could work, and to which you are suited by skill, education and training. On confirmation of a disability your monthly benefit will be payable until you recover, turn 65 or die, whichever comes first. Salary Protection claims will be evaluated on behalf of OMART by Different Life’s medical team, using industry best practice to assess your disability.

 

What does my Salary Protection not cover?

If you’re disabled through illness or injury and are unable to work, you will be paid a monthly income. These payments will start after you have been off work for 3 months, and no more than 75% of your after-tax income immediately before you became disabled.

For the first 12 months that you’re unable to work, you will qualify for a benefit if you can’t work at your specified occupation. Once the first 12 months have passed, you’ll be looking at wider work options and so you will only qualify for a benefit if you can’t work in any alternative occupations to which you are suited by skill, education and training.
On confirmation of a disability, your monthly benefit will be payable until you recover, turn 65 or die, whichever comes first. Salary Protection claims will be evaluated on behalf of OMART by Different Life’s medical team, using industry best practice to assess your disability.

What can my Salary Protection be used for?

Protecting your salary so that you can continue to pay the bills even when you can’t work.

How much salary protection can I buy?

Depending on your income, you can qualify for Salary Protection up to 75% of your after-tax salary, if you’re earning between R 5 000 and R 90 000 per month.

When does my Salary Protection expire?

Salary Protection expires when you turn 65, retire or die, whichever occurs first.

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C. S. Lewis