Momentum amends death benefits policy

Insurance company, Momentum, is making changes to its death benefits policy. It says it will in future pay clients involved in violent crime an amount equal to the death benefit. Courtesy #DStv403

JOHANNESBURG - Insurance company, Momentum, is making changes to its death benefits policy.

It said it will in future pay clients involved in violent crime an amount equal to the death benefit.

This will be despite any medical non-disclosures.

READ: Momentum agrees to pay Nathan Ganas' widow

The changes will apply immediately to all its life cover clients and will be applied retrospectively.

Momentum has recently come under fire after it refused to pay a policy worth R2.4 million to the family of Nathan Ganas.

He was shot during a hijacking in his driveway last year, Momentum argued that he never disclosed his high blood sugar levels.