At Silver Lining, we help you prepare for life’s uncertainties. Whether you’re protecting your income or planning ahead with funeral cover, we’ve got you covered with affordable, reliable insurance options.
Why Income Protection Insurance is Essential
Your Ability to Earn is Your Most Valuable Asset
Most South Africans insure their cars, homes, and cellphones — but forget to insure the one thing that makes all of those possible: their income.
If you became sick, disabled, or injured today and couldn’t work for 3–6 months (or longer), how would you survive financially? An Income Protector provides a monthly payout to cover your living costs while you recover.
The Stats: Why You Should Care
🔹 Only 6% of South Africans can survive financially for 3 months without an income (Old Mutual Savings & Investment Monitor, 2023).
🔹 The average South African household spends 63% of their income on debt repayments (NCR Data, 2024).
🔹 1 in 4 workers will experience a long-term disability before retirement (Global Disability Insurance Study, reinsurer Munich Re).
🔹 Medical bills and income loss are the top two reasons people fall behind on debt payments (National Debt Counsellors Survey, 2023).
Who Is Most at Risk?
Single-income households.
Parents with dependents.
Anyone with monthly financial obligations (loans, rent, food, school fees, etc.).
How Income Protector Helps:
| Without Protection | With Income Protector |
|---|---|
| You rely on savings or loans | You receive a guaranteed monthly payout |
| You risk falling behind on rent or debt | You maintain financial stability |
| You may need to borrow from family | You keep your independence and dignity |
| Your credit score suffers | Your credit remains protected |
Real-World Example:
Lindiwe, a 35-year-old nurse, was injured in a car accident and couldn’t work for 4 months. Without income protection, she fell behind on rent and defaulted on her credit card. If she had a policy for R10,000/month, she could have continued paying her rent, food, and debt until she recovered.
Silver Lining Income Protector – What You Get:
Cover up to R15,000/month
Affordable from just R75/month
Paid directly to you monthly if you can’t work
Easy application with no medical exams in most cases
Bottom Line:If you rely on your salary to live — you need to protect it. Life is uncertain, but your income doesn’t have to be.
Why Funeral Cover is One of the Smartest Decisions You’ll Ever Make
Funerals Are Expensive — and Sudden
In South Africa, a funeral can cost anywhere between R10,000 and R50,000, depending on the cultural practices and location. Yet most families don’t have that kind of money available on short notice — and grief is no time to be stressed about money.
The Stats: A Financial Burden on Families
📌 The average cost of a funeral in South Africa is R27,000 (2024 Sanlam Survey).
📌 Over 60% of South African families go into debt to pay for a funeral (FinScope SA).
📌 More than one-third of South Africans don’t have any funeral cover in place (Stats SA).
📌South African households often contribute to extended family funerals, increasing financial pressure (Funeral Industry Report, 2023).
The Emotional Toll Without Cover:
Family members scramble for money through loans or burial societies.
The surviving spouse or children may be forced to delay the funeral or settle for less dignity in burial arrangements.
Emotional trauma is made worse by financial chaos.
With Silver Lining Funeral Cover:
Without Cover With Funeral Cover Panic to raise R20,000+ Immediate payout to cover all expenses Debt or borrowing from loan sharks Dignified burial with no added debt Emotional pressure and stress Peace of mind during grief Delayed arrangements Smooth, respectful funeral process
Why It’s a No-Brainer:
It’s cheaper than DSTV – but more valuable than any subscription you’ll ever have.
You’ll never need to ask for donations on WhatsApp or Facebook.
It protects your family’s dignity and gives them space to grieve — not hustle for money.
Bottom Line:You can’t control when life ends — but you can control how your loved ones are taken care of when it happens. Funeral cover is a gift of love and protection for those left behind.
