Prepare for
the unexpected
With the affordable and flexible TermSure Policy,
you can cover your life and protect
your dependants.
personal solutions life and disability termsure policy

What is Old Mutual TermSure Policy?

This policy provides a cash sum in the event that the Life Assured dies within the selected term of the policy. The policy is affordable with flexible premium payment. It is ideal for protecting your dependants financially and has a simple registration procedure. It can also ensure that the debt on a mortgage or other loan can be repaid in the event of your death.
What's in it for you?
  • You can choose the term which suits your needs, there is a choice from 5 to 20 years
  • Optional 50% cash back benefit
  • 100% accidental cover available immediately
  • No medical tests required

TermSure Policy
Who is the policy suitable for?
  • The TermSure is suitable for individuals focused on obtaining insurance cover for a set term
  • Small business owners who require collateral for loans
  • Business owners requiring key person protection
  • People with mortgages or other temporary debt
  • Young families who are seeking protection for their families
TermSure Policy
    Why choose Old Mutual TermSure Policy
    KEY FEATURES OF TERMSUREIf you wish to find out more about the key features for this product, click below.
    Want to know more about TermSure Policy?If you want to know more, we have answered a few questions for you. You can also visit our nearest branch or call + 263 (0) 24 308 400 to speak to consultant.
      • Visit any Old Mutual Branch
      • Fill out a form
      • Pay your premiums at CABS.
    • Our financial advisors will provide you with a quotation which will tell you how much the policy will cost you. The quotation will depend on:

      • your personal circumstances – for example your age, gender and health;
      • the amount of life cover you select;
      • whether you select the cash back option;
      • how long you want the cover to last.
    • In order to claim, proceed with the following documents to your nearest Old Mutual/CABS branch:

      • The policy contract booklet and its contents.
      • A death certificate.
      • A copy of the beneficiaries’ Identity Documents (ID).
      • The birth certificate or ID of the deceased Life Assured.
      • A police report if the death is by accident.
      • A completed claim form.
      • Inquest report in case of unnatural cause of death.
    • We will not pay a claim and will cancel all cover in the following circumstances:

      • You have previously fraudulently claimed at Old Mutual.
      • You don’t give us all the information we ask for when you apply for your policy, or when you make a claim.
      • You have not made all the premium payments that were due.
      • The claim arises from death caused by intentional self-inflicted injury, suicide or attempted suicide in the first 12 months of your policy.
      • The claim arises from sickness or injury that first appeared, happened or was diagnosed before your policy started, increased or was last reinstated (unless disclosed to and accepted by us as part of the application or reinstatement process).
      • The claim arises directly or indirectly as a result of the life insured’s involvement in war or warlike operations, terrorism, or a criminal act.
      • If you don’t give us honest full information about the following, when you apply for your policy:
        • personal health, family medical history, occupation, alcohol consumption, smoking habits and use of recreational drugs or drugs not prescribed for you
    • The tax treatment of any benefits taken from this policy will depend on the personal circumstances of the claimant, including their country of residence. Please consult your relevant financial professional if you are in any doubt as to the extent to which you may be liable to any tax under this policy. If the policy is held in trust, then different taxation rules may apply. Old Mutual is unable to provide individual tax guidance and recommends that you always seek professional tax advice.

    • If you wish to contact us, you can phone us, send a fax, email or write to us:

      Old Mutual Life Assurance Company (Zimbabwe) Limited
      100 The Chase (West)
      Emerald hill
      Harare

      Phone: +263 24 308400

      Monday to Friday between 8:00am and 4:30pm

      Email: info@oldmutual.co.zw

      Write to:

      Old Mutual Life Assurance Company (Zimbabwe) Limited
      P.O. Box 100
      Harare
      Zimbabwe

      For easy access, when claiming on weekends, or holidays contact any CABS branch there is always someone to help you. If you have other needs that are not covered, speak to your agent who will advise you on more suitable products from Old Mutual.