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Grain SA members and farmworkers benefit options
Employers may select from 8 options to provide a bundled package of benefits to
employees across wage groups. Monthly premiums range from R29.00 to R578.00
and provide total insurance cover from R80 000 to R680 000. These benefits differ
according to options selected and include:-
Funeral Cover
Paid upon the death of an employee and his/her partner and covers up to 2 spouses and 4 children.
If death occurs due to an accident, funeral benefits are doubled. Paid-up death benefits mean
the employees ceases to pay premiums at retirement or on death and his/her family enjoy funeral
benefits for life.
Education Benefit
Paid upon the death of an employee, his/her children will receive a lump sum education benefit per
child payable to the children's guardian (covers up to 4 children).
Hospital Cash Benefit
If an employee is hospitalised for more than 2 days, an amount is paid for each day to a maximum
of 180 days per calendar year.
Life Cover
If an employee dies, his/her beneficiaries receive a lump sum amount.
Disability Cover
Your employee receives a lump-sum payment if he/she is unable to continue with his/her job or
most of the duties that the job involves.
Unit Trust
Savings Amounts will be invested into a unit trust savings account as a form of retirement savings
from which your employees will benefit.
You will find full details on the 8 benefit options along with quote request
forms on the Grain SA website:
www.grainsa.co.zaAlternatively, contact Momentum’s dedicated Call Centre
– 0860 333 334
Momentum, a division of MMI Group Limited, an authorised financial services and credit provider