What is EasyProtect?

Historically life insurance has felt like a bit of a grudge purchase. It’s something we all feel we have to do out of responsibility for those who depend on us, but often it feels like an expense we don’t see any immediate benefit from. An expense that can also increase exponentially over time.

People take out life insurance to ensure that they have enough to support their loved ones should anything happen to them. But as an investor, you’ve already started building your own wealth; a nest egg that many of us someday hope to pass on to our family and children.

EasyProtect, underwritten by Sanlam, has been built as a way for investors to simultaneously grow and protect their wealth. A way to bridge the gap between where you are now, and where you aspire to be on your wealth building journey.

It’s life cover that shrinks as your investments grow.

EasyProtect is asset-aware, which means that as your assets or investments grow, your gap and the dependency on life insurance reduces. The gap you are covered for will be reassessed every six months, based on your assets, and you will have the opportunity to adjust your cover amount. You can set the adjustment to happen automatically every 6 months based on your EasyEquities portfolio value, so you can set it and forget it. If your premium reduces as a result of lowered cover, the savings will be deposited into your EasyEquities ZAR Wallet to invest, helping you reach your wealth building aspirations even sooner.

• Get up to R 2 million in coverage to help keep your loved ones safe.
• Our policies are affordable and start with as little as R20 per month, depending on the amount of cover required and the outcome of your assessment.
• Premium choice. We offer you the flexibility to opt for age-adjusted premiums, that start low and gradually increase with age to reflect risk, or level premiums, which remain fixed for the entire policy term..
• There are no medical checks - You will only have to answer a hand full of questions about your health and way of life.
• EasyProtect has a fully digital application process
• You're in good hands. Our term life insurance is underwritten and administered by Sanlam, who own 30% of EasyEquities. Sanlam is a household South African brand and an industry innovator that has been around since 1918. They are the largest insurance provider in Africa.
• You need to be between the ages of 18 and 40 and in generally good health to apply.

How to access EasyProtect

We're working on improving our EasyProtect desktop experience; however a better experience can currently be accessed on our app, available on Google Play or the App Store.

• Log in to the EasyEquities app
• Navigate to the portfolio page and scroll to the bottom of your existing account cards 
• Select EasyProtect