Network Partner Profile
- Belongs to the financial services leader MMI Holdings, formed from the merger of Momentum and Metropolitan in December 2010.
- More than 120 years experience in group insurance business.
- MMI is ranked first in terms of premium volume in the South African group insurance market; total group insurance premium income of ZAR 2.8 billion as of December 2010.
- Operates in 13 African countries and in the U.K., and runs more than 300 offices.
- Innovative in its disability management approach, and very active in the area of benefits communication to employees.
- Member of the Swiss Life Network since 1977.
Special Advantages
- Catastrophe cover is offered, under which the insurer covers total claims in excess of a certain amount, up to a predetermined total amount.
- Disability management is applied, a key strategic business focus that aims to reduce the risk exposure.
- Offers a full range of group insurance products and services.
- Innovative ways to obtain medical information utilising the company’s travelling nurses and doctors.
Coverages and Products
Types of Benefit - Coverage available and poolable:
- Group Life
- Survivors’ Pension (rider)
- Long-Term Disability Pension / Lump Sum
- Short-Term Disability Pension / Lump Sum
- Accidental Death & Dismemberment
- Critical Illness
- Funeral Cover
- Salary Payback
Availabe Financial Products:
- Deposit Administration
- Pooled Investment Funds
- Company–Specific Portfolios
