Jump to content

User:SloanLA/Momentum Myriad

From Wikipedia, the free encyclopedia

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:

  1. Life cover
  2. Disability cover
  3. Income protection cover
  4. Critical illness cover
  5. 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.


SloanLA