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Sanlam Allianz Life Assurance

Flexi Saver Plus

Savings plan with life cover · Regulated by the IRA

A savings plan that pays you back in stages rather than all at the end. You get 25% of the cover in year 4 and again in year 8.

Hear when this changes

The details that matter for this kind of plan

How it pays out
25% of the cover in year 4 and year 8, then the rest on a schedule set by your term
Terms you can choose
12, 16, 20 or 24 years
What you get in total
200% of the cover, or 225% on the 24-year term

What if you stop paying?

Sanlam does not publish what happens if you stop. Ask before you sign.

What if you need the money early?

No surrender value is published. Ask what you would get back.

Who this suits

It could work for you if

You want money at set points along the way, not only at the end.

Think twice if

You want the charges first. They are not published.

What they tell you

  • Do they say who regulates them?
    Yes — the IRA. That is who you complain to.

Talk to them

Compared with the others

There are 13 other plans of this kind on the board. See all 14 side by side — what each one leaves you with, and which of them will not say.

Where we got this