Momentum Insurance is the insurance operating subsidiary and fund management holding company of the FirstRand Group.
It offers a variety of financial solutions, including health, retirement, investment and insurance products to individuals, corporates and institutions.
According to Momentum Insurance, it differentiates itself from competitors through responsible product innovation and diversification as well as service excellence.
Momentum beliefs
Momentum claim to run their company on the three fundamental beliefs 1) that sound financial advice is invaluable, 2) that quality of service is imperative and 3) that product innovation gives it the competitive edge in a highly competitive market.
This means, it says, that the products it offers remain flexible and geared towards the individual with all their unique requirements.
What insurance policies are on offer?
Momentum offers insurance policies to cover life and disability as well as vehicles, buildings, content and all risk policies. It also specifies, between a student package and a professional package, which means that you can tailor the insurance policy around your current lifestyle and change it as your circumstances change.
What are the Momentum benefits?
Momentum claims to offer the potential to manage all your insurance needs in one single policy. They also say it offers Free Cover on all stand alone policies, those taken without life cover, and all ancillary policies, those taken with life cover.
This means that as soon as your policy is accepted you are fully covered even if something happens to you before the official start date of the policy. This is dependent, however, on not selecting a specific future start date.
Why choose Momentum?
Momentum claims to have developed innovative, simple to use and flexible insurance policies that can be tailored to suit the needs of the client. It says that it believes in prevention rather than cure.
In the interests of promoting a healthy lifestyle in its clients it offers extra benefits through Momentum Interactive. Based on a BODY IQ fitness test Momentum says it will reward clients with discounted premiums as well as an increased premium payback policy.
Momentum believes that this inspires people to live more healthy lives thus reducing their risk factors and in turn reducing the premiums they pay for insurance.
