Income Protector Benefit MMK Insurance Administrators is offering its existing clients; The MMK Income Protector Plan. What is it?GIVING YOUR FAMILY PEACE OF MIND WHEN THEY NEED IT MOST Covers Main MemberThe Income Protector Benefit covers the Main Member only, and can only be claimed for in the event of the main member passing away. R50 Per MonthThe monthly premium is only R50, and this product can be added to both our Funeral Cover and Funeral service products. R30 000 Total CoverThe Main Member will be covered for a total of R30 000, which is made up of R5000 per month for a period of 6 months. Aged between 18 - 65The Income Protector Plan is only available for Main Members aged between 18 and 65 at the time of joining. Applicable Waiting PeriodA mandatory 4 Months waiting period for natural and unnatural death.And 12 months waiting period for suicide. Nominated BeneficiaryThe full benefit is payable to the nominated beneficiary. Only nominated beneficiaries will be considered when paying claims.
