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FNB Life Insurance

From FNB | First National Bank

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The FNB Life cover pays out a lump sum amount in the event of your death. You can choose between either our Life Simplified or Life Customised life cover options. These come with the immediate cash benefit and the terminal illness benefit. Life Simplified offers you quick and easy cover and Life Customised offers more comprehensive cover and flexibility.With the immediate cash benefit you can receive an immediate 10% of the value insured as a pay-out to help with unforeseen expenses. The terminal illness benefit is where you claim the full sum you are insured for if you are diagnosed with a terminal illness by a certified medical practitioner.

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Credit Amnesty

You may no longer be on the black list. The credit amnesty that comes into play on April 1st has caused much jubilation amongst cash strapped South Africans-but their Happy Dance may be short lived. The amnesty, contrary to common belief does not allow you to walk away from the finance you got for the supersonic vacuum you bought from a way too clever salesman. However it does give you a second chance if you have negative information on your credit report due to bad debt-but only if you have paid it off.

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