News

Dec 1

SA ARMY FOUNDATION MEMBERSHIP INCREASE NOTICE.

  • Created: December 01, 2015

Summary

Increases will be implemented for all membership categories and this increase will translate in a Group Scheme Cover increase for all members.

SA ARMY FOUNDATION MEMBERSHIP INCREASE NOTICE.


At SA Army Foundation we pride ourselves in offering our members an exclusive bouquet of premium validated products and benefits.


In our efforts to ensure continued service excellence and upgrade the level of benefits offered, the SA Army Foundation will be increasing all monthly membership premiums as from 1st December 2015 (deductions on 15th December 2015).
Increases will be implemented for all membership categories and this increase will translate in a Group Scheme Cover increase for all members.
The cessation period of your Group Scheme cover will continue beyond retirement age.

 

Increases will be as follows:

  • Single members premiums will increase by R10.00 – you will now pay a premium of R90.00 for a Group Scheme cover of R40 000.00. Family Protection cover of R15 000.00

  • Single members with Dependents see an increase from R100.00 to R110.00 for a Group Scheme cover of R40 000.00. Family Protection cover of R15 000.00 including children cover from R3 000.00 to R10 000.00 (Age Dependent)

  • Married members’ premiums will increase from R140.00 to R165.00 for a Group Scheme cover of R40 000.00 for the Main Member and R40 000.00 for the Spouse. Family Protection cover of R15 000.00 for the Main Member and R15 000.00 for the Spouse including children cover from R3 000.00 to R10 000.00 (Age Dependent)

  • Additional Spouses can now also be included at a premium of: R90.00 for a Group Scheme cover of
    R40 000.00. Family Protection Cover of R15 000.00