Discovery Life is a latterly launched insurance division of the very
successful and well-established Discovery Holdings. The company was initially
best known for its medical aid products and services. Having built up a large
client base and an excellent reputation in this endeavour, it has since launched
two more central client divisions - a credit card division and a life insurance
division. And of course it`s the insurance part that we`re concerned with here.
Discovery Life Website
On the Dial Life website you can find out more about their products and even get a financial advisor to call you.
The first obvious benefit of taking out life insurance with Discovery Life
is that you`ll reap the rewards of the smooth functioning infrastructure. So
although the products don`t necessarily have as long a track record as those of
many of their competitors, they`ve become instantly dependable - thanks in no
small part to the company`s financial stability and its fresh, modern-era
This approach is manifested in its innovative lifestyle and insurance
products. It takes the same approach to these as it does to its medical aid and
health protection line: the idea is that prevention is better than cure. So
there`s an emphasis on preparing for eventualities and being flexible.
Almost everything revolves around the Discovery Life Plan, which is a
tailored lifetime solution that encompasses cover for the entire range of health
and financial risks. It`s an all-in-one product to give policy holders and their
families all-round protection and peace of mind that is also flexible enough to
be customised as lifestyles, lifecycles and needs change.
This plan includes a number of features that make it so comprehensive.
There`s a Capital Disability benefit that will pay out a lump sum if you become
disabled. There`s a Severe Illness Benefit that gives you lifestyle protection
in the event of your becoming severely ill. There`s an Income Continuation
benefit that includes an Overhead Expenses benefit - this will protect your
income in the event of your becoming temporarily of permanently disabled. Then
there`s also a Health Plan Protector that is designed to enable you to still
afford to maintain your Discovery Health Plan. Lastly there is a retirement
financial protection product that is meant to help you optimise your retirement
In addition, there are numerous value-added products that you get, which are
For seamless all-round integration of your various types of cover, benefits
and rewards, your Discovery Life Plan can be integrated with your Discovery
Health, Credit Card and Vitality plans. You can also choose from one of four
flexible funding options.
- Discovery Life Plan
An all-encompassing plan that includes:
- Capital Disability Benefit
- Income Continuation Benefit
- Overhead Expenses Benefit
- Severe Illness Benefit
- Health Plan Protector
- Retirement Optimiser
- Discovery Life Plan Value-Added Benefits
- Global Education Protector
- Global Health Protector
- Female Benefit
- Childbirth Benefit
- Child Severe Illness Benefit
- Family Trauma Benefit
BEE AND CSI INFORMATION
The Discover Group as a whole is fully BEE certified, and is involved in a wide
range of social investment initiatives. It sees CSI as a natural extension of
its service, which in essence are aimed at optimising the well-being of
community members. As well as having an overall corporate focus, it also runs a
Volunteer Programme for staff to be involved on an individual level.
Some of the Discover CSI initiatives are the Laureus Sport for Good
Foundation and the Discover Fund that supports health care projects and
hospitals around the country.
Telephone: 0860 00 54 33
Fax: 0860 543 339
Head Office Postal Address:
P.O. Box 784262
Head Office Physical Address:
16 Fredman Drive