Tier Status
|
Tier 1 0-1 financialneed |
Tier 2 2-3 financialneeds |
Tier 3 4 financialneeds |
Tier 4 5 financialneeds or Assets >N$25m |
Tier 5 6+ financialneeds or Assets >N$50m |
|
|---|---|---|---|---|---|
|
Points for: Updating your details, completing surveys and referring friends |
|||||
|
Points for: Financial assessments and advice |
|||||
|
Life Insurance (% of premium in points) |
5% | 10% | 20% | 30% | 35% |
|
Savings, Investments, Retirement Income & Lending (% of premium in points) |
0.5% | 1.5% | 2.5% | 3.5% | 5% |
|
Funeral Cover (% of premium in points) |
5% | 15% | 25% | 35% | 50% |
|
Short-term Insurance (% of premium in points excl. VAT) |
2.5% | 5% | 10% | 15% | 20% |
|
Fitness Bonus Points (% of premium in points) |
25% | 50% | 100% | 125% | 250% |
| Investment Value Points (Annual % of investment value in points) Old Mutual funds Other funds | 0.050% 0.025% | 0.150% 0.075% | 0.250% 0.125% | 0.350% 0.175% | 0.500% 0.250% |
| Terms and conditions apply |
Tier 1
0-1 financial
need
Points for:
Updating your details, completing surveys and referring friends
Points for:
Financial assessments and advice
5%
Life Insurance
(% of premium in points)
0.5%
Savings, Investments, Retirement Income & Lending
(% of premium in points)
5%
Funeral Cover
(% of premium in points)
2.5%
Short-term Insurance
(% of premium in points excl. VAT)
25%
Fitness Bonus Points
(% of premium in points)
0.050% 0.025% Investment Value Points (Annual % of investment value in points) Old Mutual funds Other funds
Tier 2
2-3 financial
needs
Points for:
Updating your details, completing surveys and referring friends
Points for:
Financial assessments and advice
10%
Life Insurance
(% of premium in points)
1.5%
Savings, Investments, Retirement Income & Lending
(% of premium in points)
15%
Funeral Cover
(% of premium in points)
5%
Short-term Insurance
(% of premium in points excl. VAT)
50%
Fitness Bonus Points
(% of premium in points)
0.150% 0.075% Investment Value Points (Annual % of investment value in points) Old Mutual funds Other funds
Tier 3
4 financial
needs
Points for:
Updating your details, completing surveys and referring friends
Points for:
Financial assessments and advice
20%
Life Insurance
(% of premium in points)
2.5%
Savings, Investments, Retirement Income & Lending
(% of premium in points)
25%
Funeral Cover
(% of premium in points)
10%
Short-term Insurance
(% of premium in points excl. VAT)
100%
Fitness Bonus Points
(% of premium in points)
0.250% 0.125% Investment Value Points (Annual % of investment value in points) Old Mutual funds Other funds
Tier 4
5 financial
needs or
Assets >N$25m
Points for:
Updating your details, completing surveys and referring friends
Points for:
Financial assessments and advice
30%
Life Insurance
(% of premium in points)
3.5%
Savings, Investments, Retirement Income & Lending
(% of premium in points)
35%
Funeral Cover
(% of premium in points)
15%
Short-term Insurance
(% of premium in points excl. VAT)
125%
Fitness Bonus Points
(% of premium in points)
0.350% 0.175% Investment Value Points (Annual % of investment value in points) Old Mutual funds Other funds
Tier 5
6+ financial
needs or
Assets >N$50m
Points for:
Updating your details, completing surveys and referring friends
Points for:
Financial assessments and advice
35%
Life Insurance
(% of premium in points)
5%
Savings, Investments, Retirement Income & Lending
(% of premium in points)
50%
Funeral Cover
(% of premium in points)
20%
Short-term Insurance
(% of premium in points excl. VAT)
250%
Fitness Bonus Points
(% of premium in points)
0.500% 0.250% Investment Value Points (Annual % of investment value in points) Old Mutual funds Other funds
Your Financial Needs Covered
Your tier status is linked to the products you have with Old Mutual, and the categories that those products fall into.
To move up a tier level, you need to get a product from a category you don’t have yet. To find out what qualifies for each category, click on the cards below or read the detail in our terms & conditions.
{{ category.categoryData.name | limitWords:true:100:'...'}}
Open a product in one of these categories to up your tier:
{{ category.categoryData.name | limitWords:true:50:'...'}}