User:SloanLA/sandbox

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Background
Momentum Life Insurance, known as Momentum Myriad is a life insurance company, established in 2002 and is part of Momentum Metropolitan, a South African based financial services group that is listed on the Johannesburg Stock Exchange.

Momentum Life Insurance has a head office that is based in Centurion, South Africa and is responsible for selling life insurance products to individual and corporate customers.

Products
Momentum Life Insurance provides the following life insurance products to its individual and corporate customers:


 * Complete critical illness cover
 * Complete income protection benefit
 * Complete functional protector cover for permanent illness or injury
 * Death income benefit
 * Disability cover with built-in functional impairment cover
 * Education protector benefit
 * Estate provider benefit to cover professional and administrative costs to wind up an estate
 * Last-survivor death benefit
 * Longevity protector
 * Business assurance products that are for business owners, the business or employees

Leadership

 * Johan le Roux - Chief Executive Officer, Momentum Life
 * Stephen van Niekerk - Head: Retail Life Insurance Product House
 * George Kolbe - Head: Insurance Marketing

Latest news
In the 12 months to end-June 2021, Momentum Life Insurance paid R10.7 billion in death claims during the year, compared to an average of R5.6 billion a year over the 3 years before the pandemic.