Life’s Backup Plan

If you like to plan for the future, you should include cover for significant life events that could happen, like disability, legal battles, loss or damage to a home, and even death. Monarch Insurance has a range of policies to help with your tomorrows.

Funeral Benefit Insurance

Monarch's Funeral Benefit insurance will pay your chosen beneficiary a lump sum if you pass away. You can include cover for your spouse and up to four children 18 years or younger.

For claims, there is a waiting period of three months for death from natural causes but no waiting period for accidental death. There is also no waiting period if you had funeral cover with another insurer within the last calendar month before accepting our policy.

Legal Expenses Insurance

Imagine having access to a toll-free legal advice helpline 24 hours a day, 365 days a year. Monarch's Legal Expenses Insurance provides reassurance for you, your spouse, and your children up to age 18.

Monarch Insurance will contact the other party to resolve the issue. If it can't be resolved, we will cover the costs of a lawyer to represent you in legal proceedings. Various benefit options are available.

A legal expenses policy covers you, your spouse, and your children's legal expenses for employment, motor vehicle, property, and consumer disputes and debt-related issues. You are also covered for criminal charges against you.

Household Contents and Homeowners Insurance

Household Contents Insurance covers goods, appliances, electronic equipment, furniture, and clothes, and Homeowners Insurance covers the structure of your home.

These policies cover loss or damage to household contents or the building structure caused by fire, extreme weather events, flooding and leaks, accidental impact, and malicious damage or riots.

Monarch Insurance pays out based on the replacement or repair cost of your lost or damaged household contents or repairing your damaged building.

Personal Accident Insurance

If you pass away or become permanently disabled due to an accident, Monarch's Personal Accident Insurance will pay you or your chosen beneficiary a lump sum benefit. You can include cover for your spouse, too.

Permanent disability conditions include:

• Unable to earn an income
• Living with assistance or a full-time caregiver
• Loss of sight in one or both eyes
• Loss of hearing in one or both ears
• Loss of one or both limbs at or above the wrist or ankle
• Total loss of speech

As Benjamin Franklin said, “If you fail to plan, you are planning to fail”, so include insurance cover in your budget because you never know what tomorrow brings.