LAND BANK LIFE INSURANCE COMPANY (SOC) LIMITED – LBLIC
With our 60 years’ experience in life insurance the Land Bank Life Insurance Company SOC Limited has tailor made offerings for farmers. With 27 financial centres and satellite offices around South Africa the Land and Agricultural Bank of South Africa’s nationwide footprint and resources enable provision of insurance services to the whole country.
LBLIC offers credit life products that secures the wellbeing of your family and offers you financial peace of mind when taking out large loans for farming operations. We truly understand your credit life insurance needs and make it our objective to meet them.
The LBLIC Credit Life Insurance covers you in a case of death, permanent disability, temporary disability and terminal illness – the product is in line with the Credit Life Insurance Regulations of 2017. Credit Life Insurance is one of the best ways of ensuring that your farm/asset gets retained by nominated members of your estate without being burdened financially.
Although it is a subject most people choose to avoid, it is inevitable that some members of your family will outlive you and what better legacy to leave them than a debt free inheritance. LBLIC can offer you a level term or a declining term credit life insurance policy.
FSP: 45148 an Authorised Financial Services Provider. LBLIC in a licenced life insurer.
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NON-LIFE INSURANCE SOLUTIONS
Asset insurance Covers everything that has to do with your farming requirements, i.e. vehicles, fencing, irrigation systems, machinery, livestock, computers etc. Your Assets will be insured against fire, flooding, theft and natural disasters amongst other risks. We insure it all by ensuring that owning assets is financially safer.
Crop insurance Gives you financial security and protection on your investment. The product covers you in case of crop failure due to excessive; hail, frost, wind and physical damage to the whole or part of your insured crop, which will mean your loss of income.
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