If you fall ill, have an accident or you are retrenched and temporarily unable to work as a result, you'll still need money to pay your bills and meet any financial responsibilities that you may have.
FRANK.NET offers Salary Protection, which ensures that your pay cheques keep coming if you become ill or injured until the age of 65 or you die or until you are able to work again, whichever happens first. FRANK also offers a retrenchment benefit that will pay out up to six months.
Our Salary Protection product comes with a set of unique benefits:
FRANK.NET will make monthly payouts of up to 75% of your current salary, determined by your premiums and personal details if you can't work due to an injury or illness
Salary Protection helps you protect one of your most valuable assets: your future salary.
Your monthly payouts allow you to continue paying your bond, vehicle expenses, grocery and utility bills, as well as everything else that your salary typically covers.
You can also be covered for up to six months after losing your job as a result of a legal retrenchment process.
If you're rendered permanently disabled or unable to work as a result of illness or injury your cover will pay out until you turn 65 or die.
Contact FRANK.NET on 0860 722 227 for a free quote or to learn more about getting a Salary Protection policy.
One cannot be a 100% guaranteed of a stable job in this day and age.
Luckily, FRANK.NET offers Salary Protection to defend you against financial hardship should you be left unable to perform your job due to temporary sickness, injury or retrenchment.
FRANK.NET can help you get back on your feet financially.
With Salary Protection from FRANK.NET, you have everything to gain.
We offer reasonable monthly premiums and payouts of up to 75% of your current monthly salary paid out to you in instalments depending on your personal details if you can't work due to an injury or illness.
Our Salary Protection product is something you cannot afford to ignore. This is especially true if you’re the primary breadwinner in your family.
Secure your family’s future – as well as your own - with a Salary Protection policy from FRANK.NET. Not only will it provide you with peace of mind but it will also ensure the financial wellbeing of your family by protecting your monthly salary.
Before taking out a Salary Protection insurance policy from FRANK.NET, take a moment to get to know the product.
Contact FRANK.NET on 0860 722 227 to get a free Salary Protection quote or to find out more about our Salary Protection product.
Most people pay their bills out of their monthly salary.It's surprising then that some people don't have Salary Protection. If you're ever incapable of working due to injury, illness or retrenchment – and provided you're still paying your premiums correctly – FRANK.NET will pay you the amount stipulated in your policy.
There are a number of factors to take into account when applying for a Salary Protection policy from FRANK.NET:
Tax - Just like your normal salary, you'll be taxed on the monthly payments.
Payout - The monthly payouts will start three month after the last payment from your employer.
Retrenchment - FRANK.NET will pay you if you lose your permanent job as a result of your employer facing adverse business conditions, introducing new technology or restructuring the organisation. As long as our agreement with you has been active for at least six months, you're not self-employed, employed by any of your family members or were aware that you'll be retrenched before taking the cover, FRANK.NET will pay out for a maximum of six months. Voluntary retrenchment is not covered, and you cannot have declined a reasonable alternative job offer either from the employer that retrenched you or from any other potential employer. You need to actively seek employment during the claim period.
Notification - Once you have Salary Protection from FRANK.NET, alert us to any changes regarding the physical obligations of your occupation, if you start or stop smoking and start or stop risky sports or hobbies. We may have to amend your agreed payout and premiums. If you don't let us know, any future claim may be affected or even declined.
Self-inflicted harm - We want to ensure that when you claim, we pay. Strive to obtain and follow qualified medical advice when required. FRANK.NET will not be able to pay the claim if you injure yourself on purpose, or if you are injured while breaking the law or while intentionally exposing yourself to war or war-like activities.
HIV - FRANK.NET will need the results of a recent HIV (Human Immunodeficiency Virus) test, sent to us within three months of the start of the policy agreement.
Contact FRANK.NET on 0860 722 227 to get your free Salary Protection quote or to find out more about our Salary Protection product.
Salary Protection from FRANK.NET safeguards you against unemployment due to illness, injury or retrenchment. If your premiums are up to date when you lodge a claim, FRANK.NET will assess your request and make payouts accordingly. Because your salary helps you to afford your possessions, Salary Protection helps you to avoid losing your assets or becoming a burden on family members while you look for a new job.
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Salary Protection Information
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