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What is the
Baby Bonus benefit?

Having a baby will change your life irrevocably.
Welcoming your new little one into the world, and
experience the thrill of watching your child develop and grow
into a thinking, laughing, loving human-being cannot be equalled.

But choosing to have a baby means accepting a huge financial and emotional responsibility too. You will suddenly be faced with a range of new expenses, from nappies and bottles to clothing and crêche fees.

The Fenomenal Woman Baby Bonus benefit will pay you a lump sum of R2,000 upon the birth of your baby. You can use this money as you see fit – use it to buy nappies, baby clothes, or essential accessories such as a car seat or pram; use it to pay for babysitting services, daycare fees or baby food. The choice is yours.

What you should know

  • there is no additional premium payable for this benefit
  • you will be paid out for up to three babies (R2,000 per birth) as long as your policy is active
  • in the unfortunate case of stillborn babies, the benefit will be paid out provided the birth takes place 29 weeks or more after the date of conception
  • the policy must have been in force for at least 12 months before the birth of the first baby
  • this benefit does not acquire any surrender value or paid-up value

How to claim

Contact us on 0800 252 467 to obtain a claim form; our consultants will advise you on any additional documents that are required. Your completed claim form must be submitted a maximum of 180 days after the birth of the baby.

 

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