Our Legal Disclosures

These terms and conditions govern the Covision Funeral Cover which is underwritten by Old Mutual Alternative Risk Transfer Limited (OMART) and offered to the public. The contracting parties are:

  • FSP: Covision Distribution (Pty) Ltd

  • Binder Holder: Different Life (Pty) Ltd

  • Underwriter: Old Mutual Alternative Risk Transfer Limited (OMART)

Covision

Covision Distribution  (Pty) Ltd (Covision) is an authorised financial services provider (FSP Number: 23773), licensed by the FSCA (Financial Sector Conduct Authority) to market and distribute life insurance products underwritten Old Mutual Alternative Risk Transfer Limited (OMART), a licensed life insurer under the Insurance Act (IA).

Covision will provide relevant product information so that you can make an informed decision. As you go through the process we will highlight important information so that there are no surprises when it's time to claim. We do not offer financial advice on the product.

Covision has professional indemnity insurance.

Covision has and maintains an Anti-Money Laundering Policy in accordance with the Financial Intelligence Centre Act.

Physical Address: Block E, 59 Woodlands Ave, Hurlingham, Sandton, 2070

Postal Address: Block E, 59 Woodlands Ave, Hurlingham, Sandton, 2070

Telephone: 010 020 4370

Email: info@covisionmylife.co.za

OMART 

OMART, the underwriter of Covision  Funeral Policies, company registration no. 1997/008994/06, a licensed life insurer under the Insurance Act (IA).

Physical Address: Mutualpark, Jan Smuts Drive, Pinelands, Cape Town.

Postal Address: P.O Box 455, Cape Town, 8000

Telephone: 021 504 6423

Email: OMARTComplaints@oldmutual.com

Different Life 

Different Life provides binder services for which pre-determined monthly fees are paid by OMART to Different Life. 

Physical Address: Building A, Bryanston Corner, 18 Ealing Crescent, Bryanston, Johannesburg, 2021

Postal Address: P.O. Box 3812, Dainfern, Johannesburg, 2055.

Telephone: (010) 020 1921

Website: www.differentlife.co.za 

Different Life has professional indemnity insurance.

Different Life has and maintains an Anti-Money Laundering Policy in accordance with the Financial Intelligence Centre Act.


Policy & Product Terms 

The best way to understand all our terms and conditions is to look at our actual policy wording.  Here are links to draft policy documents for each product that we sell so that you know exactly what you are buying. Each Policy document includes information on Product Benefits, Premium Refunds, Rewards, Waiting and Guarantee Periods, Cancellations and Cooling-off Periods and anything else that you need to know about how we will engage with you. 


  1. Covision Funeral Cover - Covision Funeral Policy Document


Waiver and indemnity for Covision as an Intermediary

In the event that you suffer loss or damage of any nature due to Covision acting on your orders or communications, or orders or communications that purportedly emanate from you, you waive any right to take action against Covision . Furthermore, you indemnify Covision against all and any claims, liabilities, losses, costs, fines, damages and expenses arising because Covision acted on your instructions or orders or instructions or orders which purportedly emanate from you.

Personal Information Policy

This section describes how your personal information is handled. Your use of covisionmylife.co.za (the Website) constitutes your acceptance of these terms. We need to store, process and share your personal information with our partners to meet our obligations to you under this contract. We use your information for underwriting, processing claims, reporting and servicing your policy. We will always protect your information.

You may access your personal information and may also request any corrections or errors or to delete this information. In certain cases you have the right to object to the processing of your personal information.