The Jet Account Protection Plan covers your account balance in the event of your death, permanent disability or retrenchment from permanent employment. Similarly the Jet Account Protection Partner Plan covers your account balance in the event of your partner’s death, permanent disability or retrenchment from permanent employment. You can get cover up to a maximum of 26 000⁰⁰. If you have both plans, your account balance cover increases to a maximum cover of 30 000⁰⁰.

Should you have it?

Yes! If you don’t have enough life and disability insurance and you spend lots of money on your store card, it will be beneficial.

The costs of these plans are small: you could either pay 0³⁵ (0⁴⁰ in Botswana) or 0⁷⁰ (0⁸⁰ in Botswana) for every 100⁰⁰ (or part thereof) of the outstanding balance – the maximum cost being 26⁰⁰ per month per plan.

The monthly premium of the Account Protection Plan and Account Protection Partner Plan are calculated on the highest account balance during that month, ensuring you maximum protection and peace of mind. To illustrate this, see the table below to help you better understand the premium and cover on your account balance:

Note:

There is a three-month waiting period: this means that if you or your partner are retrenched from permanent employment or permanently disabled in the first three months of either plans, you will not be paid out. However, in the event of your or your partner’s death, you will be paid out regardless of how long you’ve had it. Also, you have to make your claim within 120 days of being retrenched from permanent employment or permanently disabled. Always let your partner know about these rules of the plans, so that they can claim in time in the event of death. You have to be 18 years or older to qualify for these insurance plans.

Tip:

Apply today! Just dial 0860 113 639 (South Africa), 0027 31 333 1482 (Swaziland and Lesotho), 061 225 432 (Namibia) or 0800 133 268 (Botswana).