User:SloanLA/Momentum Myriad
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Momentum Myriad life insurance
[edit]Momentum Myriad is a long-term life insurance company and is part of Momentum Metropolitan Life Limited, a South African based financial services group that is listed on the Johannesburg Stock Exchange.
Products
[edit]Momentum Myriad provides the following life insurance benefits to retail and institutional clients:
- Life cover
- Disability cover
- Income protection cover
- Critical illness cover
- Impairment cover
Innovation
[edit]Year | Innovation |
---|---|
2002 | Introduced our ‘building block’ approach, ‘best-of-breed’ solutions, accurate pricing and ‘living product’ philosophy. |
2003 | Premium Guarantee Term Extender offering the longest premium guarantees in the market. |
2004 | Comprehensive Critical Illness Benefit with the best payout levels and breadth of cover in the market. |
2005 | Whole of Life Income Protection that pays a monthly benefit to a client for the whole of their life if they become permanently impaired. |
2006 | Cash back at retirement launched in the form of Retirement Booster. |
2008 | New generation Income Disability Benefits. |
2010 | Longevity Protection, a world first that gives payouts to clients at certain longevity milestones. |
2012 | Expert Benefit Selector, to help financial advisers select the best benefits for their clients based on their needs. |
2013 | Electronic Application (E-App) enabling financial advisers to have 24/7 access to Momentum. |
2015 | Breadth of Cover Guarantee allowing clients guaranteed breadth of cover at every life stage. |
2018 | Momentum Interactive 2.0 refinement of Myriad’s pricing philosophy. |
2020 | Permanent Disability Enhancer providing income protection and lump-sum disability in one solution. |
Recent news
[edit]In early 2021, Home Loan Bond Protection Benefit was added to the Life Cover Benefit.