Glacier Topcover

Excellent cover at attractive rates with the flexibility to add to your benefits.

Glacier Topcover offers maximum choice and flexibility as well as higher cover amounts at attractive rates. You can combine life insurance, disability cover, critical illness cover and income protection as well as the available additional add-on offerings, for example accident cover. The type and level of cover you need (which will determine the combination) depend on your personal needs and circumstances. We recommend that you speak to a financial planner to help you select the cover most appropriate for you.


  • Your family can take care of their financial needs after your death, which means they are not financially burdened when you pass away. The costs that life insurance can help your family cover include:
    • Funeral costs
    • Costs associated with the administration of your estate
    • Repaying outstanding debt
    • Regular living expenses
  • Your beneficiaries do not pay tax on the proceeds of your life insurance

How it works

Make regular contributions until your death.

When you die, your nominated beneficiaries receive a tax-free lump sum payment. The amount depends on your specific policy.

Qualifying requirement

Monthly income of minimum R40 000

How much you will pay

The cost of the insurance will depend on your age and your risk profile when you take out the policy.

Ownership and rights

You may transfer ownership of the policy or you may transfer your rights in the plan as security.

Why it’s important to have the right insurance

  • The risk of being under-insured:
    • Your life insurance policy should enable your family to maintain their lifestyle. If you don’t have sufficient cover, they won’t have enough money to pay their expenses.
  • The risk of being over-insured:
    • You shouldn’t pay for cover you don’t need. That is why it is important to speak to a financial planner before you make a decision about your insurance cover.

How much personal cover do you need?

Discussing the following questions with your financial planner can help determine the amount of personal cover you need.

  • Your family set-up:
    • How many people are dependent on you for support and care?
    • Does anyone in your family have special needs?
    • Will your parents be financially dependent? Or is it possible that they may become dependent on me for support?
  • Your financial circumstances:
    • Does your spouse earn an income? If yes, is this income enough to sustain our lifestyle if I cannot contribute?
    • How much outstanding debt do I have?
    • Will your children be able to get an education if you don’t earn an income?