Bond Protection Plan | SA Home Loans

Bond Protection Plan

Easy-to-afford life insurance that protects your home loan.

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Advantages of the Bond Protection Plan

Peace of mind knowing your home loan is secure.
Policy premiums are conveniently managed off your home loan account.
Valid claims under any of the benefits are directly paid to your home loan account.
Up to four bondholders may be insured under the policy.
Paperless application. An accredited sales consultant will phone and explain the policy to you.

The Bond Protection Plan offers the following benefits in the unfortunate event of:

  • Death: Settlement of the outstanding bond balance up to a maximum of R1.5million.
  • Temporary Occupational Disability: Covers your monthly bond instalment for up to 24 months. The maximum instalment payable will be equal to the monthly instalment of an outstanding home loan balance of R1.5 million.
  • Retrenchment: Covers your monthly bond instalment for up to 12 months (this benefit is only available where life cover is a condition of the loan). The maximum instalment payable will be equal to the monthly instalment of an outstanding home loan balance of R1.5 million.
  • Permanent Occupational Disability: Settlement of the outstanding bond balance up to a maximum of R1.5million.

Availability of the above-mentioned benefits are subject to your employment type, age and the applicable loan condition.


No medical assessment is required, however, the cover is subject to certain exclusions, terms, and conditions which are explained to the potential policyholder telephonically prior to acceptance of the policy and set out in the policy document which is provided to all policyholders on acceptance of the policy.

SAHL Investment Holdings (Pty) Ltd is the licensed controlling company of its insurance group and an authorised financial services provider (FSP No.2428). The Bond Protection Plan is provided by SAHL Life Assurance Company Limited. SAHL Life Assurance Company Limited is licensed to conduct life insurance business.

Speak to a consultant to start the application process

0861 401 401

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