DISCOVERY LIFE S RANGE OF ADDITIONAL BENEFITS. Ensuring you and your family can afford life s expenses if you die, become disabled or severely ill.

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1 Additional Benefits

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3 DISCOVERY LIFE S RANGE OF ADDITIONAL BENEFITS Ensuring you and your family can afford life s expenses if you die, become disabled or severely ill.

4 The LifeDrive Protector LIFE AND MOTOR VEHICLE TRAUMA COVER The LifeDrive Protector offers you and your family comprehensive life and motor vehicle trauma cover, with the ability to increase your fuel rewards for driving well. THE LIFEDRIVE PROTECTOR GIVING YOU PEACE OF MIND ALONG LIFE S ROADS By successfully answering a short questionnaire, you can select life and trauma cover to the value of R , R or R The LifeDrive Protector offers a number of benefits to ensure the most comprehensive cover for you and your family. Access your cover in a time of need If you die, your selected cover amount will be paid to your nominated beneficiaries. If you suffer a qualifying trauma as a result of a motor vehicle accident, 100% of your selected cover amount will be paid to help you financially. The policy will end once a qualifying trauma or life cover payment is made. Automatic child and spouse cover If your spouse or children (under the age of 21) suffer a qualifying trauma as a result of a motor vehicle accident, 25% of the LifeDrive Protector will be paid for your spouse and 10% for your children. Payments made from this benefit will not reduce your cover. You are limited to a maximum of four payments under this benefit. 3

5 FUEL REWARDS We believe that good driving behaviour should be rewarded, that s why we will give you financial rewards for driving well. As a Vitalitydrive member, you can get significant fuel rewards based on your good driving behaviour. By taking out a LifeDrive Protector policy, Discovery Life will match your Discovery Insure fuel rewards, giving you up to 100%* of your fuel spend back each month. If you do not have a Discovery Insure policy, you can receive up to 25% of your LifeDrive Protector premiums back every year, based on your Vitalitydrive status. * The Discovery Life Fuel Rewards Booster is capped at 50% of your monthly LifeDrive Protector premium and excludes any boost applied by using the excess fund account. The LifeDrive Protector offers you and your family an extra level of safety on the road, and an extra level of value through rewards linked to your driving behaviour. 4

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7 The DiscoveryCard Protector By channelling your monthly spend through your DiscoveryCard, the DiscoveryCard Protector ensures that your main lifestyle expenses will be taken care of if you die, become disabled or suffer a severe illness. DISCOVERYCARD PROTECTOR ENSURING YOUR LIFESTYLE EXPENSES ARE COVERED You have the option to choose a benefit term of one, three or five years. By using your DiscoveryCard for your day-to-day living expenses, the DiscoveryCard Protector will cover the following costs if you die, become disabled or suffer a severe illness: The outstanding balance on your DiscoveryCard, up to R An amount equal to your average monthly DiscoveryCard spend on your main living expenses (in the 12 months before your death, disability or severe illness) throughout the selected benefit term. This is subject to a maximum monthly payment of R If there is no historical card spend detail when you claim, we will pay you a minimum monthly benefit of R Ensure your family s lifestyle needs will be taken care of with this unique benefit from Discovery Life. 6

8 The Health Plan Protector TAKING CARE OF YOUR FAMILY S HEALTHCARE The Health Plan Protector will cover your family s monthly healthcare contributions if you die, become disabled or suffer a severe illness. It also provides a tangible reward if you manage your health, by giving back unused health plan contributions. THE HEALTH PLAN PROTECTOR ENSURING YOUR FAMILY S HEALTHCARE COSTS ARE TAKEN CARE OF The Health Plan Protector will cover your family s healthcare contributions for a period of five or 10 years. This contribution will increase each year in line with Discovery Health Medical Scheme contribution increases, up to a maximum of 20% per year. You may choose to cover youself for death, disability and severe illness, or disability and severe illness only. You may further choose to cover both you and your spouse. Every year we will calculate your unused health risk contributions by considering your Discovery Health Plan contributions and Discovery Health Plan claims over the previous year. These savings will be accumulated and paid back to you, through either the Health Dividends or the Health Fund depending on which option you choose. 7

9 Health Dividends The Health Fund Health Dividends are paid each year. You can get up to 20% of your unused health plan savings back. This depends on your Vitality status, the number of years you have been a member of Discovery Vitality and whether you have a DiscoveryCard. The Health Fund will be paid out to you every five years. Each year, the excess or shortfall health plan risk savings will be transferred into the Health Fund. Every five years, you can get up to 30% of your unused health plan risk savings accumulated in that period, back through the PayBack Benefit, depending on your Vitality status. When you turn 65 or experience a life-changing event, we will pay you the balance of your Health Fund. The Health Plan Protector gives you peace of mind, knowing your family will continue to receive healthcare if you are no longer able to provide for them and gives you access to additional financial rewards. 8

10 The Medical Premium Waiver SECURE YOUR FAMILY S HEALTHCARE NEEDS The Medical Premium Waiver was developed specifically to secure your family s healthcare needs. If you die, become disabled or suffer a severe illness, your family will continue to receive healthcare cover. THE MEDICAL PREMIUM WAIVER PROTECTING YOUR FAMILY S HEALTHCARE NEEDS While you may have existing life, disability or severe illness cover, payments from these benefits are often intended to cater for other financial needs. The Medical Premium Waiver ensures that there will be sufficient funds available to cover your family s health plan contributions. How the Medical Premium Waiver works If you die, or if you suffer a Category A capital disability or Severity A severe illness, the Medical Premium Waiver will pay you the equivalent of your Discovery Health Medical Scheme contributions that you paid at the time of the life-changing event. This will be paid each month for a period of five or 10 years depending on the option you choose. These payments will cover the contributions for the remaining lives on your health plan and will increase in line with the Discovery Health Medical Scheme contribution each year. The Medical Premium Waiver is simple, cost-effective and provides invaluable peace of mind for you and your family. 9

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12 The Supplementary Cancer Protector With the Supplementary Cancer Protector you get comprehensive cover that will supplement your oncology expenses. THE SUPPLEMENTARY CANCER PROTECTOR THE SUPPLEMENTARY EXPENSE COVER PAYMENTS WHILE RECEIVING TREATMENT FOR CANCER With the Supplementary Cancer Protector you have the option to cover yourself, your spouse and children. It comes with a range of additional benefits: The Supplementary Expense Cover The Medical Savings Booster The Medical Contribution Waiver The Oncology Support Service The Supplementary Expense Cover provides monthly payouts if you, your spouse (if applicable) or one of your children are diagnosed with cancer and undergo treatment. You can choose from three levels of benefits, namely: Core, Comprehensive and Comprehensive Plus. These levels of benefits will have different payouts that can cover professional help at home and other advice and support services you may need, including advice and mentoring, changes to diet and exercise and coping mechanisms. The Supplementary Expense Cover covers the following treatments: Surgery (including brachytherapy) Chemotherapy* Radiotherapy Palliative care * A list of qualifying treatments applies. Discovery Life may review this list at its discretion. 11

13 ADDITIONAL CASH BOOST FOR MEDICAL EXPENSES THE MEDICAL CONTRIBUTION WAIVER ENSURES THAT YOUR FAMILY S HEALTHCARE NEEDS ARE TAKEN CARE OF IF YOU DIE Discovery Life s Supplementary Cancer Protector will give you a lump-sum boost to your Discovery Health Wallet a fund that can be used if your medical savings run out if you or your spouse (if applicable) is diagnosed with a qualifying cancer. If you do not qualify for a Health Wallet, you will qualify for a pre-determined payment. This comprehensive range of benefits included in the Supplementary Cancer Protector offers you protection against the financial impact of cancer, for you and your family when you need it most. If you are the principal member on your health plan, the Medical Contribution Waiver will start paying on your death if you pass away from cancer before age 65. This benefit will cover the contributions for the remaining members on your health plan for a period of three years. EXTENSIVE SUPPORT THROUGH OUR SPECIALIST ONCOLOGY SUPPORT SERVICE A consultant to help and support you as you receive your cancer treatment A Discovery SmartService nurse who will arrange blood tests at your home A dedicated team of service consultants to help with any questions about the Discovery Health Medical Scheme. 12

14 The Global Health Protector The Global Health Protector ensures that you and your family are covered for a number of medical procedures that either cannot be performed in South Africa, or have a greater success rate if performed in the USA. THE GLOBAL HEALTH PROTECTOR OFFERING YOU GLOBAL MEDICAL CARE The Global Health Protector will cover the cost of medically necessary healthcare procedures, and the required medication, in the USA. It will further cover the costs of transporting you and, if necessary, a family member, organ donor, nurse or doctor to a medical facility. We ve partnered with an extensive network of leading hospitals and centres of excellence in the USA to ensure that the full procedure, including surgical and medical treatments and organ transplants, will be covered. An overall lifetime limit of $1 million per insured family member applies. Give your family access to the most advanced international healthcare procedures with the Global Health Protector. 13

15 THIS BROCHURE IS A SUMMARY OF THE ADDITIONAL BENEFITS OFFERED BY DISCOVERY LIFE. THE RANGE OF ADDITIONAL BENEFITS OFFERS YOU COMPREHENSIVE COVER TO SUPPLEMENT YOUR EXISTING COVER. SPEAK TO YOUR FINANCIAL ADVISER ABOUT THE FULL RANGE OF DISCOVERY LIFE PRODUCTS. FOR MORE DETAILS, REFER TO THE DISCOVERY LIFE PLAN GUIDE OR VISIT 14

16 Discovery Life 155 West Street Sandton PO Box 3888, Rivonia 2128 Contact centre Fax Discovery Life is an authorised financial services provider. Registration number 1966/003901/06 ABBE03/15 GM_30526DL_10/03/15_V14 15