Moneyback Benefit

By TymeBank - 16 October, 2020

As the main policyholder, you will get a premium refund amount of 10% of premiums paid every 6 months. To get this benefit, you need to pay your premiums through a debit order, your policy has been continuously active over the 6 months and all 6 premiums have been received by Hollard.

The MoneyBack applies to all benefit premiums paid in the last 6 months.

The MoneyBack benefit stops when:

  • The main insured person dies
  • The policy ceases
  • The MoneyBack benefit is automatically added when you take out the Individual Funeral benefit at no extra cost.