Momentum presentation; Senate Group Conference; November 2014.

1. Myriad-Critical benefits
The Senate Group
Marius Botha
Business Development Manager

2. Agenda
• Claim statistics
• Critical Illness Benefits
• Functional Protector
• Retirement Booster
• Multiply
• Unique features
• Living Product Philosophy

3. Risks associated with humans
• Death
• Disablement
• Illness
• Living longer than planned for

4. The bad news
• You have a 1 in 3 chance to get Cancer in your lifetime
• Most common triggers* :
 Raised BMI
 Air pollution
 Bad diet
• The most common* cancers are:
 Cervical and Prostate followed by Breasts and Lungs
• The main causes* are:
 Environmental
 Physical
 Chemical
*WHO

5. The bad news
• You have a 1 in 3 chance to get a Heart attack in your
lifetime
• Most common triggers* :
 Raised BMI
 Genetic
 Cholesterol
*WHO

6. The bad news
• You have a 1 in 50 chance to be involved in a car
accident
• Most common causes* :
 Speed
 Alcohol
*WHO

7. Claim statistics
• 62% of Critical Illness claims are between the ages of
31-50
• 50% as result of cancer
• 25% as result of heart attacks
• 42% of Unnatural Deaths are caused by car accidents

8. So what are we to do?
• Get a Medical Aid
• Get Short Term Insurance

9. A closer look at medical aids
• Average increase per year in excess of 12%
• Benefits reduce annually
• Will I still be able to afford it post retirement?

10. Critical Illness Benefits

11. Critical Illness Benefits
• Least sold benefits in the market
• Swiss Re survey only 10% of clients have it

12. Critical Illness Benefits
• Pays upon diagnosis of defined critical illnesses
• Whole Life protection
• Lump sum benefit amount

13. Spoilt for choice
• Comprehensive Critical Illness Benefit
• Comprehensive Critical Illness Plus Benefit
• Elevated Comprehensive Critical Illness Benefit
• Elevated Comprehensive Critical Illness Plus Benefit

14. Longevity Protection, a world first!
• Pays additional 10% every 5 years AFTER diagnosis
• Moderate to severe conditions
• Permanent impact on lifestyle

15. Stand alone benefit
• Reinstates after a claim
• Does not reduce your life cover
• Protect you against future insurability

16. Free child cover
• Pays 10% to max of R125k
• Does not accelerate parents cover
• Exclude pre existing conditions
• Only children from 12 months are covered

17. Extra Benefits you can attach
• Premium waivers
• Premium payback option
• Longevity Protection-Critical Illness

18. What happens if I never claim?
• Longevity Enhancer payout at 80
• 20% of Critical Illness benefit amount

19. Would you ensure this?

20. A closer look at car insurance
• Short term insurance product
• Motorplan
• Extended Motorplan
• Pot hole protection

21. Functional Protector

22. Functional Protector
• Does a FNA provide for frail care costs?
• Do I only need this after retirement?

23. Functional Protector
• Whole Life Frail care benefit
• Up to R27.5k/m
• Pays for 100% Functional Impairment claims
• Increase with medical inflation
• Does not aggregate with other IP Benefits

24. Functional Protector Claims
• Dementia
• Aphasia
• Loss of vision
• Paraplegia

25. Boost your retirement savings
• Add a Retirement Provider
• Retirement booster
• 1.5% of annual risk premium X Term to retirement
• Equate to between 15-45% of premiums paid in

26. Multiply
• Guaranteed Myriad premium discount
• 10% to 50%

27. Unique benefits
• Last Survivor Death Benefit
• Functional Protector
• Accidental HIV
• Home Loan Protector
• Comprehensive Living Benefit
• Retirement Booster
• Longevity Protector
• Buy and sell future cover
• Premium guarantee term extender

28. Living Product Philosophy

29. Thank you