FNB Life Insurance
Simple life cover from your bank with eBucks rewards
FNB Life Insurance makes getting covered simple and convenient through your FNB app. As an FNB customer, you can apply in minutes and earn eBucks rewards on your premiums.
With cover up to R10 million and funeral cover included as standard, FNB Life offers a straightforward product without complex options. It's ideal for FNB customers who want hassle-free life insurance managed through their banking app.
At a Glance
R10M
Max Cover
From R99
Per Month
eBucks
Rewards
Included
Funeral Cover
Key Benefits
eBucks Rewards
Earn eBucks on your life insurance premiums, just like on other FNB products. Rewards depend on your eBucks level.
Funeral Cover Included
Every life policy includes funeral cover for you and your family - no extra cost. Quick 48-hour payout.
Simple Online Application
Apply through the FNB app in minutes. No paperwork, no branch visits required.
Integrated Banking
Manage your policy, update beneficiaries, and view cover all from your FNB banking app.
No Medical Tests (Up to Limits)
For lower cover amounts, you only need to answer health questions - no blood tests required.
What's Covered
Life Cover
- Cover up to R10 million
- Lump sum payout on death
- Cover your debts and expenses
- Tax-free payout to beneficiaries
Funeral Cover (Included)
- Cover for you and family
- 48-hour payout
- Up to R50,000 per person
- No extra premium
Earn eBucks on Your Premiums
As an FNB customer, you'll earn eBucks rewards on your life insurance premiums - just like on your other banking products.
Up to 40%
Back in eBucks
Level 5
Max eBucks Level
Monthly
Rewards Credited
* eBucks earned depends on your eBucks Rewards level and product combination.
Example Premium
Here's an example for a 35-year-old non-smoker:
R1 Million Cover
R3 Million Cover
R5 Million Cover
* Premiums vary based on age, health, smoking status, and cover amount. Get a personalised quote.
Pros and Cons
Pros
- Simple, easy-to-understand product
- eBucks rewards on premiums
- Funeral cover included free
- Apply in the FNB app
- No medical tests for lower cover
- Integrated with banking
Cons
- Must be an FNB customer
- Lower max cover than specialists
- Limited add-on options
- No wellness rewards like Vitality
- Basic product - fewer features
How to Apply
Open FNB App
Log into your FNB banking app and navigate to Insurance products.
Get a Quote
Enter your details and desired cover amount to see your premium.
Answer Health Questions
Complete the health declaration. No medical tests for lower cover amounts.
Activate Cover
Accept the terms and your cover starts immediately. Premiums debit from your FNB account.
Frequently Asked Questions
Do I need to be an FNB customer?
Yes, FNB Life Insurance is only available to FNB banking customers. You'll need an active FNB account to apply.
Is the funeral cover really free?
Yes, funeral cover for you and your family is included in every FNB life policy at no extra cost. It pays out within 48 hours.
How do I earn eBucks?
eBucks are automatically credited to your account based on your eBucks Rewards level. The higher your level, the more you earn back on premiums.
What if I close my FNB account?
Your life cover can continue, but premiums will need to be paid from another source. You may also lose eBucks benefits.
Important Information
- • FNB Life Insurance is underwritten by FNB Life Insurance Ltd.
- • Premiums depend on age, health, smoking status, and cover amount.
- • Full disclosure of health conditions is required.
- • eBucks rewards are subject to FNB eBucks terms and conditions.