SA Army Foundation Membership Cost Benefits and Services
Included in Army Foundation membership are:
- Group Life Benefit cover for main member and spouse.
- Funeral cover for main member and spouse.
- Funeral cover for children (cover as per schedule)
- and much more!
- Once main member retires - debit order to continue.
- Once the main member has passed on - spouse may continue.
- Additional spouses can now also be included at a premium of R70 for a Group Scheme cover of R40 000 & Family Protection Cover of R15 000
|Insured Party||Army Foundation Group Scheme Cover||Army Foundation Risk Funeral Cover||Monthly Premium||Annual Premium|
|Single Member||R40 000||R15 000||R110||R1 320|
|Single with children||R40 000||R15 000||R130||R1 560|
|Married Member||R40 000||R15 000||R185||R2 220|
|Spouse||R40 000||R15 000|