MiWayLife prides itself on a speedy payout, giving you financial protection when you need it most.
Losing someone you love can devastating and the last thing you need is a mountain of admin standing between your family and the money they rely on. That’s why MiWayLife has streamlined its claims process so you can enjoy a faster payout.
The Usual Turnaround Time
In many cases, life cover claims can drag on for weeks or even months while insurers confirm policy details, verify beneficiaries and establish the cause of death. MiWayLife is proud to move faster. Once all the required documents have been submitted, most straightforward claims are paid within two to three weeks. This means outstanding school fees, bond repayments and everyday bills can all be covered before they snowball into extra stress for your loved ones.
How MiWayLife Speeds Things Up
With MiWayLlife, the entire claims process is digital. Simply email the completed claim form, death certificate, beneficiary IDs and banking details directly to the claims team. Throughout the process, you receive friendly status updates, so you never feel left in the dark. If a new document is needed, you can upload it through the secure MyMiWay portal rather than posting hard copies, saving you valuable days when time is of the essence.
An Extra Helping Hand For The Funeral
Every MiWayLife policy includes an Accelerated Funeral Benefit that pays out up to R50 000 within 48 hours of a valid claim. This quick payment can help your family cover immediate funeral expenses such as venue hire, catering or transport, allowing your family to arrange a dignified farewell without having to borrow money or dip into their savings.
Your loved ones will also have access to our complementary Funeral Arrangement Service that will help them navigate the potentially confusing process of gathering important legal documents, like a death certificate.
What You Can Do Right Now
If you have a MiWayLife insurance policy, tell your beneficiaries about it and show them where the documents are kept. You’ll also want to store certified copies of identity documents in a safe place and review them regularly to ensure they’re up to date. If anyone changes a surname, moves house or opens a new bank account, update your policy straight away.
The Bottom Line
MiWayLife knows that timing is everything when your family’s finances hang in the balance. By paying out the funeral cover portion within 48 hours of receiving the required documents and settling most straightforward life cover claims within two to three weeks, we can ensure your loved ones get what they need when they need it the most.
No life insurance policy? Why not get a quick quote from MiWayLife today and let us surprise you with our great service and affordable premiums?
Did you know:
You can now take out life cover with us online in a few simple steps. No calls and no agents! Make sure to take care of those you love today by buying MiWayLife cover online.
