Traditional Family Plan (1+5/9)

Are you looking for a financial administration Plan, solution that can help you take care of your family? Look no further than Exodec! With our policy, you can add up to 9 of your closest family members and they will be covered in the event of a claim. So why wait? Contact us today and let us help you take care of your loved ones.

1+ 5 or 9 nominated family member insurance that pays a lump sum for you to be able to cover expenses when a loved one passes away.

One main member can take out a policy of our Plan and add either 5 or 9 nominated family members that are related to the main member. The main member and all their nominated family members will have the same benefit amount paid out when there is a claim.

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Traditional Family Plan  1+5/9 Rules:

  • 1 main member and 5 or 9 nominated family members (Very important – must be related to main member and/or financially dependent)
  • Main Member and nominated family must have an insurable interest (Examples: spouse, children, brother, sister, parents, parents-in-law, brother-in-law, sister-in-law, niece, nephew)
  • Oldest person (principal / nominated) determines the entry age and rate applicable
  • Entry ages are all under 65 years or all under 75 years or all under 85 years
  • Children are nominated family members and therefore no age limit applies
  • Maximum entry age is 84 (under 85 years) for main members and nominated family members

  • Whole of life – the Policy will be active for as long as premiums are paid and will not terminate at a certain age
  • Personal Service
  • Claims paid out within 48 hours after receiving all required documents
  • No Medical examination or medical questionnaire required
  • No stillborn cover
  • Equal cover for main member and nominated family members
  • NOTE: Children under 6 years – maximum cover R2000 in line with regulations
  • Waiting Period on death due to natural causes is 6 months from receipt of first premium
  • No waiting period on accidental death as long as first premium is paid
  • Suicide excluded for 12 months


  • Cover included for citizens from neighbouring countries (SADC) legally residing and working in South Africa
  • Nominated family legally residing with the main member in South Africa can also be covered
  • No illegal persons can be covered
  • No Foreigners living outside the border of South Africa can be covered

May be waived on members where at application stage the proof of:


  • Previous underwriting by a reputable underwriter can be provided indicating the same cover amounts, terms and conditions
  • As well as proof of premium payments for the previous 6 months paid over and received by the reputable underwriter and
  • A copy of the cancellation letter to the previous underwriter

Please also take note that:

  • A copy of the ID and proof of address must be supplied for the main member
  • All nominated family members’ ID numbers and, if possible, a copy/photo thereof must accompany the application
  • No ex-spouse or ex-life partners can be covered as there is no insurable interest according to law anymore

  • Repatriation of mortal remains within the borders of South Africa and to neighbouring countries, by road, is included in the policy
  • Funeral Assistance for when the Main Member or Spouse passes away is also included in the policy:
  • R750 Airtime
  • R1000 Electricity Voucher
  • R2000 Grocery Voucher

Product is underwritten by Guardrisk Life Limited, FSP 76 and a licenced life insurer in terms of the Insurance Act.