SMART SUITE FOR YOUNG PROFESSIONALS We have designed the Smart suite for young adults under the age of 30 financial products that reward and cater for your unique health, life and short-term insurance needs and your long-term investment goals.
You ve entered the working world, and you want to live a good life. You want to be independent, have the space to try new things. And you are left wondering, how does insurance tie into that? Discovery has designed financial products that reward you for getting active and driving well, and that caters for your unique health, life, and car and household insurance needs. We have also designed products which make it easier for you to reach your investment goals. WE HAVE CRAFTED A SUITE OF SMART PRODUCTS JUST FOR YOU.
SMART SUITE THE SMART SUITE OFFERS YOU ACCESS TO EXCLUSIVE PRODUCTS AND SERVICES TO SUIT YOUR NEEDS This brochure is a summary of select product features from the Discovery Group product houses as well as select plan benefits from the Discovery Health Medical Scheme, administered by Discovery Health. The content is a tailored summary and does not replace the individual Discovery product guides or the complete Discovery Health Medical Scheme member benefit guide. Please visit www. discovery.co.za for more information. MEDICAL AID The Discovery Health Medical Scheme Smart Series offers you comprehensive hospital and chronic condition cover, extensive day-to-day cover, and cover for medical emergencies when travelling abroad, all managed through your Discovery app. VITALITY Vitality Active rewards young adults for getting active and driving well. Enjoy benefits like 25% off gym fees, weekly rewards, as well as dream surprise rewards, for achieving your weekly fitness and drive goals. 2
LIFE INSURANCE CAR AND HOME INSURANCE INVESTMENTS The Smart Life Plan offers life cover from only R100 a month and you can get up to 100% of your premiums back. Qualify for a 20% discount on your car insurance premium for being a responsible driver and for avoiding late-night driving. Also get up to 25% off Uber, and benefit from state-ofthe-art safety features. Discovery Invest makes it easier for you to start saving from as little as R300 a month, with the ability to boost your investments and reduce your fees 3
VITALITY ACTIVE VITALITY ACTIVE Vitality Active encourages and rewards you as you get healthier and drive better. Not only is a healthy lifestyle more enjoyable, it s been proven that members on the Vitality health programme live longer and are less likely to develop lifestyle diseases. Added to this, members on the Vitality drive programme have fewer and less severe road accidents. Discovery Vitality (Pty) Ltd is an authorised financial services provider. Registration number: 1999/007736/07. Please note all information displayed in this brochure is only a summary of the Vitality Active benefits. Specific limits, terms and conditions apply to each benefit. All information displayed in this brochure was correct at the time of printing. Members will be alerted when each benefit goes live. 4 5
VITALITY ACTIVE GET ACTIVE. DRIVE WELL. Vitality Active encourages and rewards young adults for getting active and driving well. To get started, download the Discovery app and activate Vitality Active. Achieve your fitness goal Achieve your drive goal Reach your personalised, weekly fitness goal to close the fitness ring, by getting active in various ways, including: Gym workouts 100 pts Using a fitness device up to 300 pts 5 km parkruns 300 pts Reach your weekly driving goal to close your drive ring, by driving 100 km event-free each week, consecutively, without: Cellphone use while driving Harsh acceleration Harsh braking Harsh cornering Speeding Timed race events up to 3 000 pts Challenge yourself and challenge your friends Get your friends to join in by challenging them to meet their goals. Track your performance against other members using the in-app dashboard and see how you compare to others on the leaderboards. 6
GET REWARDED. Close your Vitality fitness and your Vitality drive rings to earn a weekly reward plus hit a goal streak to get a surprise reward. Weekly rewards Achieve both your fitness and driving goals and choose between a coffee, smoothie, popcorn, airtime or a carwash discount. Hit one goal and you qualify for 50% off the reward of your choice. Surprise rewards Achieve your fitness or drive goals 3 weeks in a row for a surprise reward. Dream holidays International flights, resorts, cruises Grand prizes Local trips, investments, electronics Retail rewards Gadgets, spoils, kitchen accessories Bonus rewards Groceries, meals, free rides Core rewards Drinks, snacks, airtime, carwash discounts 7
SMART LIFE INSURANCE SMART LIFE INSURANCE Protect your lifestyle with life insurance designed to secure your financial future. Get access to life cover from only R100 a month with the ability to have all your Smart Life premiums returned to you for managing your health and wellness and safe driving. The Smart Life Plan automatically converts to a Classic Life Plan at the end of the month following your 30th birthday, providing you access to our full suite of benefits tailored to your needs at that time. GET UP TO 100% OF YOUR PREMIUMS BACK LIFE COVER INCOME CONTINUATION BENEFIT SEVERE ILLNESS BENEFIT CAPITAL DISABILITY BENEFIT A lump-sum payout which protects your family s financial security in the event of your death. Parent Funeral Cover that pays out a lump sum up to R20 000 if any of your parents or step-parents pass away, is also automatically included. A monthly payout to help maintain your lifestyle if you become unable to work due to injury or illness. This benefit includes the Promotion Tracker which increases your monthly in-claim payment by inflation plus a further 10% every five years to account for future promotions which you may have earned had you not become disabled. Provides comprehensive protection against the impact of a severe illness, such as cancer, on your lifestyle. A lump-sum payout to ensure you remain financially secure in the event of becoming disabled. You can have up to 100% of your qualifying Smart Life Plan premiums returned to you for managing your health and practising good driving behaviour. This benefit is paid at your fifth policy anniversary after the Smart Life Plan converts to a Classic Life Plan. Discovery Life is a registered long term insurer and authorised financial services provider. Registration number 1966/003901/06. 8 9
SMART HEALTH SMART HEALTH The Smart Series embraces the dynamic world of digital technology, empowering you to manage your health plan. You can have complete control of your plan at your fingertips, using the Discovery app Discovery Health Medical Scheme, registration number 1125, is regulated by the Council for Medical Schemes and administered by Discovery Health (Pty) Ltd, registration number 1997/013480/07, an authorised financial services provider. Terms, conditions and limits apply. Discovery app is brought to you by Discovery Health (Pty) Ltd, registration number 1997/013480/07, an authorised financial services provider and administrator of medical schemes. 10
01 ACCESS TO THE BEST PRIVATE HOSPITAL COVER 02 COMPREHENSIVE COVER FOR CHRONIC CONDITIONS 03 CONNECT WITH A DOCTOR ANYTIME, ANYWHERE using You have access to unlimited private hospital cover in the Smart Hospital Network, including guaranteed full cover in hospital for specialists who we have a payment arrangement with. You have cover for the 27 Chronic Disease List conditions. Your condition needs to be approved for it to be covered. Full cover for approved chronic medicine on our medicine list, when you use MedXpress, Clicks or Dis-Chem. When it s simply not possible to see your doctor, there is trusted advice at your fingertips. Access doctor advice on your mobile device from over 100 000 doctors worldwide. View your health goals and checklists and connect with your doctor for follow-up consultations video, voice or text consultation. 04 UNLIMITED GP VISITS AND EXTENSIVE DAY-TO-DAY COVER 05 ACCESS TO COVER FOR MEDICAL EMERGENCIES Day-to-day cover for your GP consultations, in the Smart GP network, acute and over-the-counter (OTC) medicine, eye and dental check-up and sports-related injuries, with fixed co-payments and/ or limits. This cover depends on the plan you choose. You also have access to comprehensive pre- and postnatal healthcare services for maternity and early childhood. We also provide cover up to R5 million for each person on each journey for emergency medical costs while travelling outside of South Africa, for a period of 90 days from your departure from South Africa. Specific rules apply and pre-existing conditions are excluded. 11
SMART INSURANCE SMART INSURANCE Comprehensive car and home insurance with unique driving rewards and safety features for young professionals Get a 20% discount on your car insurance premium for being a responsible driver and avoiding late-night driving Get up to 25% off Uber, a smart alternative to get around at night ImpactAlert gets you immediate emergency assistance if we detect a severe impact to your car, even if we can t get hold of you Discovery Insure Ltd is an authorised financial services provider. Registration number 2009/011882/06. Limits, maximum fuel, Gautrain and Uber spend limits, terms and conditions apply. The Smart Insurance benefits reflected here are based on the Essential Insure Plan. 12 13
SMART INSURANCE VEHICLE COVER SAFETY FEATURES Excess flexibility Choose your own excess to meet your specific needs Optional car hire or Uber Get optional car hire cover, or choose Uber services instead, while your vehicle is being repaired Emergency roadside assistance Including DirectionAssist and TripMonitor No excess Pay no excess if an accident is caused by an insured third party ImpactAlert Get immediate emergency assistance if we detect a severe impact to your car, even if we can t get hold of you Find my vehicles Find your vehicles in real time Vehicle panic button Get immediate emergency assistance on your phone Weather warnings Get warnings of imminent bad weather HOME COVER InstantCover Insure your new household contents and portable possessions immediately on your smartphone HomeAssist Emergency plumbing, electrical and locksmith services HomeProtector Emergency security and alternative accommodation 14
REWARDS FOR DRIVING WELL UNIQUE SERVICE FEATURES 20% OFF WITH SMART INSURANCE Get a 20% discount on your monthly car premium. A limited per-kilometre charge applies to any driving between 21:30 and 05:00 UBER DISCOUNT Get up to 25% off your Uber spend between 21:30 and 05:00 and 25% off other drive-me-home services Self-approved claims Submit and self-approve your geyser and vehicle glass claims online or on your smartphone within minutes ClaimsView Tiger Wheel & Tyre Up to 20% off purchases Active Rewards Get a coffee, smoothie, popcorn, airtime or discounted car wash every week for 100 kms of consecutive, event-free driving. Achieve a 3-in-a-row goal streak to earn exciting prizes including a dream holiday. View the progress of your claims online with real-time updates Xpress Repairs Submit your car s minor damage claim online and we ll repair it within five working days of starting the repair. If not, the next month s premium for the damaged car is reimbursed FastTrack claims We replace your specified lost or stolen electronics within 48 hours 15
SMART INVESTMENTS SMART INVESTMENTS Discovery Invest makes it easier for you to reach your investment goals. Start saving from as little as R300 a month or a R5 000 lump sum. Our Retirement Plans give you a unique combination of benefits that work together to make it easier for you to save for retirement. Our Flexible Investment Plans allow you access to your money when you need it. These plans also have benefits that reward you the longer you stay invested, the more you save and the healthier you become through our Smart Boosts. Discovery Life Investment Services Pty (Ltd) is an authorised financial services provider. Registration number 2007/005969/07. Discovery Life is a registered long term insurer and authorised financial services provider. Registration number 1966/003901/06. 16
UNIQUE BENEFITS INCLUDE: DISCOVERY BOOSTERS TM grow your investment. Boost your additional investments by up to 30% to help you save more. DISCOVERY FEE OPTIMISERS TM reduce your fees to help your investments grow. You can use the boost to your retirement savings to reduce your administration fees on all funds to zero. Our Flexible Investment Plans allow you to enjoy up to a 100% discount on your annual administration fees, based on your health and term invested. DISCOVERY PROTECTORS TM give you peace of mind by protecting your investment Unique investment protection on Classic Flexible Investment Plan and Classic Retirement and Preserver Plans. 17
Discovery Contact centre 0860 99 88 77 info@discovery.co.za www.discovery.co.za www.discovery.co.za Discovery Limited. Subsidiaries of Discovery Limited are authorised financial services provider GM_48002DSY_05/09/2017_V16