Life Cover Insurance
Protect your family's financial future with comprehensive life insurance coverage. Ensure they can maintain their lifestyle and achieve their dreams, even in your absence.
Life Cover Features
Our life insurance products are designed with your family's needs in mind.
Easy Payroll Deductions & No Medical Underwriting
Matla’s Life Cover is designed to be stress-free and accessible
- Easy Payroll Deductions: Premiums are automatically and securely deducted from the salary monthly via PERSAL linkage. This system ensures the cover stays active without missed payments, making it perfect for government employees
- No Medical Underwriting: The sign-up process does not require medical tests, blood work, or long health questionnaires. Policy approval is based on basic information, allowing for instant access to cover, even for those with existing health conditions.
60-day Free Cover & Affordable Premiums
The Matla Life Cover plan includes features focused on immediate protection and financial sustainability
- 60-Day Free Cover: You receive 60 days of free cover from the moment you sign up, before the first premium is deducted. This ensures immediate protection for the family while the payroll deduction process is finalisede
- Affordable Deductions: Premiums are limited to no more than 15% of the client's net income. This ensures the cover is sustainable, manageable, and does not strain the monthly budget.
Tailored for you
- If you seek affordable cover limited to 15% of net income.
- If you desire life cover without the inconvenience of medical tests or health questionnaires.
- If you want automatic premium handling without banking apps or debit orders.
Why You Need Life Cover
Life insurance provides essential financial protection for the people you care about most.
Financial Security
Ensure your family's financial stability even when you're no longer there to provide for them.
Debt Protection
Cover outstanding debts like home loans, vehicle finance, and credit cards.
Education Fund
Secure your children's education expenses and future opportunities.
Living Expenses
Provide for daily living costs, groceries, utilities, and other essential expenses.
Tailored For You
Life Cover specified for your needs
Teacher
Mine Worker
Taxi Driver
Frequently Asked Questions
Get answers to common questions about life insurance coverage.
1How much life cover do I need?
Generally, we recommend 10-12 times your annual income. Our advisors can help calculate the right amount based on your debts, expenses, and family needs.
2When does my coverage start?
Your life cover typically begins within 30 days of approval and first premium payment, subject to our underwriting process.
3Are there any exclusions?
Standard exclusions include suicide within the first 2 years, death due to illegal activities, and pre-existing conditions not disclosed during application.