Life Hero

In a bid to counter more of your life’s villains, Legal Hero is proud to present a few new hero products.

Life Hero is a product range that falls within the long term insurance industry. In collaboration with Triarc - an authorized financial services provider also with Guardrisk (Guardrisk Life) - we now offer you the following benefits: 

1. Life Cover

2. Disability Cover (Core and Comprehensive) 

3. Dread Disease Cover (Core and Comprehensive)

4. Functional Impairment Cover (Core and Comprehensive) 

5. Income Protection Cover

1. LIFE COVER 

Unfortunately, death is inevitable. As a final courteous act, help us help you enable the loved ones you leave behind.

• 100% of the cover will be paid out if you are diagnosed with a terminal illness with a life expectancy of less than 12 months;
• Your policy may also be ceded as security for a loan;
• 20% of your cover - up to a max of R50 000 (Fifty Thousand Rand) - will be paid to your beneficiary within 48 hours to cover your funeral expenses or as instant cash.

2. DISABILITY COVER 

Life’s villain: 1 in 4 people will become disabled before retirement. 

• 100% of the benefit amount will be paid out as a lump sum to you in the event that you become permanently disabled.

3. DREAD DISEASE COVER

Life’s villain: Various types of cancers and diseases, including heart attacks, strokes, pancreatic failure, loss of vision, major skin burns, Hodgkin’s disease, etc. 

• 100% of the benefit amount will be paid out to you in the event that you become diagnosed with a dread disease;
• Cover helps pay the bills will you are recovering. Note that your medical aid will pay for the cost of treatment for the disease.

4. FUNCTIONAL IMPAIRMENT COVER

Life’s villain: Struggling with daily activities such as walking, washing, eating, etc. due to injury. 

• A percentage of your cover will be paid out to you, depending on the extent to which your ability to do normal daily activities has been impacted. 

5. INCOME PROTECTION COVER 

Life’s villain: Surviving without a salary. 

• Monthly pay-out to help you pay your bills and cover other living expenses while you are unable to earn an income 
• … as a result of a bodily injury or illness to the extent that you are unable to perform the main duties of your occupation on a total or a partial basis

Your cover amount required as well as the relevant premium is based on a needs analysis. Kindly contact your relevant Legal Hero broker or e-mail life@legalhero.co.za for more information.

Respect my dignity

Note: also often referred to as 'crimen injuria.'

Legal Cost Insurance in South Africa

Statistics relating to the insurance spread in South Africa reveal that funeral policies, life cover, medical aid and vehicle insurance have widely been accepted as essential financial products within the insurance market. Legal cost insurance however has the smallest infiltration and many South Africans continue to perceive legal cost insurance as a luxury.

This is a regrettable misconception as the target group LSM 4 – 10, earning between about R2 829 and R30 323 a month, usually have the greatest need for legal assistance in an unfortunate economy where limited state resources are available. The income threshold for Legal Aid (legal assistance free of charge) stands at an income of less than R5 500 per month after tax has been deducted. If you form part of a household, you and the other members of the household need to earn a combined income of less than R6 000 per month after tax has been deducted in order to qualify for Legal Aid.

Falling outside the qualifying parameters for free Legal Aid (and bearing in mind that Legal Aid does not cover labour and certain family law cases), a few LSM groups are left in dire need of a legal hero.  

Without legal cost insurance the costs associated with a private legal professional may total in excess of hundreds of thousands, including a hefty consultation fee, deposit and billing per document/hour. With Legal Hero there are no excess fees when claiming and in return for an affordable monthly premium, policyholders are covered with up to R200 000 in annual litigation fees. Legal Hero policyholders furthermore enjoy basic legal advice, contracts, out of court negotiation (saving you time), accidental death cover and a family protection plan (family legally protected for 12 months after your passing). 

You cannot choose life’s battles and lawsuits, but you can choose your hero. Rewrite your story; choose Legal Hero for quality legal protection.

www.legalhero.co.za