FNB now offers life cover instantly on digital platforms
FNB customers can now take up and manage life insurance through the group’s Banking App and Online Banking.
Customers can now take up life, disability and critical illness cover for up to R10 million each and R5 million respectively on digital platforms.
By logging into their profiles, choosing the insurance option, answering medical questions and accepting the quote, customers are able to take up cover instantly, the bank said.
Some customers may however, be selected to go for a free medical assessment before the policy starts.
The life cover offering has been integrated into the bank’s rewards programme giving customers more value by earning up to 15% of their monthly premiums back through eBucks.
Life policy holders will also be able review and update their cover digitally without the intervention of service consultants.
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