What is a Spouse's Death Benefit?

Our Spouse's Death Benefit is also available in addition to the standard Group Life Assurance Benefit.

What does a member's Spouse Death Benefit cover?

For salary-based plans, cover may not exceed the following (whichever comes first):

• The member's Group Life Assurance Benefit Cover

• Twice the member's annual salary

• R2 million

For rand-based plans, cover may not exceed the following (whichever comes first):

• The member's Group Life Assurance Benefit Cover

• Twenty times the total annual contribution made by and on behalf of the member

• R2 million\

When will the member's Spouse Death Benefit cover end?

Cover will end under the following conditions (whichever comes first): 

• The employer participation is cancelled.

• The member leaves the participating employer.

• The member reaches the Benefit Termination Age, as outlined in the Employer Participation Schedule.

• The member receives a benefit from any retirement fund that his or her employer operates or participates in for the benefit of their employees, where this cover is taken on an approved basis.

• The spouse receives a spouse's disability benefit in terms of these rules.

• The member dies.

• The member gets divorced from his or her nominated spouse.

The member's spouse turns 70 years of age.

The spouse is the named person to whom the principal member is legally married and includes the following] (Glossary):

• A customary union according to the Recognition of Customary Marriages Act, 1998 (Act No. 120 of 1998)

• A union recognised under the tenets of any Asiatic religion

• A life partner in a relationship which Liberty considers akin to a marriage

The specific spouse nominated by a member (where polygamy is practised)