There’s a simple yet bright idea at the heart of BrightRock’s approach to life insurance. And that is the idea that your needs change as your life changes.

Now, to make sure that your cover keeps pace with your changing needs, we’ve added a little something extra to our offering.

It’s called the extra cover buy-up facility, and it allows you to increase your cover without medical underwriting. In order to qualify, you’ll need to do this at least once every three years.

Please note that this applies only if we activated your policy at standard rates, or with a medical loading of 75% or less.

When you sign up for your BrightRock policy, you are allocated an extra cover buy-up facility, and you can buy additional cover up to that amount.

If you don’t use the extra cover buy-up every three years, you’ll still have access to it, but you will need to give us a declaration confirming that your health hasn’t changed. If your health has changed, we may need to do medical underwriting before approving the cover.

If you use your extra cover buy-up regularly, that is to at least once every three years, you can keep adding cover when you need it, up to the maximum amount you’ve been allocated in your extra cover buy-up facility.

Just remember that you’ll need to be younger than the maximum entry age for that cover. For example, for death cover, the maximum entry age is 74 years.

BrightRock’s extra cover buy-up is unmatched

Our extra cover buy-up facility is unique in the market. Some other life insurers do offer future cover benefits, but these are usually only available as an additional extra. This means you’ll have to pay an additional premium.

Many rules and limitations also apply to the future cover benefits in the market. Our extra cover buy-up facility is included at no additional cost, in all standard BrightRock policies.

This allows our policyholders to increase their cover without having to give us updated medical information or go for blood tests.

A case study in getting almost double the cover

One of our clients, a 60-year-old sales representative, took out a policy and used her extra cover buy-up within the first three years.

She used it to buy more cover for death and for additional expense needs, to increase her financial protection in case of a serious illness or injury in future. Unfortunately, she later suffered a serious stroke.

BrightRock paid out 100% of her additional expense cover amount, which included the additional cover she’d bought with the extra cover buy-up. She recovered enough to go back to work, but then her condition worsened.

Within a year, we paid out a second claim for her, this time from her permanent expenses cover, as she could no longer do her job as a sales representative. Fortunately, she kept her BrightRock policy and was recently able to claim again.

Earlier this year, after consulting with a neurologist, she was diagnosed with Parkinson’s disease, a condition which we pay out for on diagnosis. Because this condition wasn’t related to her earlier stroke, we were able to pay out another 100% from her additional expense needs cover.

To date, this client has received almost R5-million in claim payments from BrightRock, from her permanent expenses and additional expense needs cover. Almost R2-million of this cover was as a result of her using her extra cover buy-up.

How to use your extra cover buy-up facility

You can use BrightRock’s extra cover buy-up facility whenever you want to, and for many years. If you’re 40, for instance, you’ll be able to buy more death cover for the next 30 years.

To find out more, simply contact your financial adviser, or give us a call. We’ll confirm how much additional cover you have access to. Your financial adviser will work with you to see how much cover you need, and we’ll work with them to send you a Cover Proposal.

We’ll call you to confirm that you want to go ahead. Once you’ve accepted, we’ll send you an updated Owner’s Manual to reflect the new cover you’ve bought. That’s how easy it is to get something extra when you need it most!