2024 GAP COVER
ENHANCEMENTS & CHANGES
Every year, we enhance benefits while keeping premium increases low.
We’re pleased to announce an average premium increase of 8.7% across all individual and corporate Gap Cover options.
Existing 2023 policies will receive the option-specific benefit enhancements effective 1 January 2024.
2024 GAP COVER
ENHANCEMENTS & CHANGES
Every year, we enhance benefits while keeping premium increases low.
We’re pleased to announce an average premium increase of 8.7% across all individual and corporate Gap Cover options.
Existing 2023 policies will receive the option-specific benefit enhancements effective 1 January 2024.
ACTIVE RANGE
COMPACT300 and CORPORATE COMPACT300
- OVERALL POLICY LIMIT (OPL)
Limit increased from R 185 837 to R 198 660 per insured person per year effective
1 June 2023. Another increase can be expected 1 April 2024 or when published by the Regulator - CO-PAYMENT BENEFIT | ADMISSION AND PROCEDURE CO-PAYMENTS
Benefit limit increased from R 15 000 to R 20 000 per policy - CO-PAYMENT BENEFIT | PENALTY CO-PAYMENTS
Benefit limit increased from R 6 500 to R 10 000 per policy - DENTAL COVER
Benefit limit for dental procedures due to accidents or cancer treatments increased from R 16 000 to R 32 000 per policy - SUB-LIMIT BENEFIT | INTERNAL PROSTHETIC DEVICES
Benefit limit increased from R 20 000 to R 30 000 per person per event
ELITE500, CORPORATE ELITE500 and CORPORATE ELITE PLUS500
- OVERALL POLICY LIMIT (OPL)
Limit increased from R 185 837 to R 198 660 per insured person per year effective
1 June 2023. Another increase can be expected 1 April 2024 or when published by the Regulator - CO-PAYMENT BENEFIT | PENALTY CO-PAYMENT
Benefit limit increased from R 13 000 to 2 co-payments up to R 15 000 per
co-payment - DENTAL COVER
Benefit limit for dental procedures due to accidents or cancer treatments increased from R 24 000 to R 48 000 per policy - SUB-LIMIT BENEFIT | INTERNAL PROSTHETIC DEVICES
Benefit limit increased from R 20 000 to R 40 000 per person per event - CASUALTY BENEFIT | ILLNESS EVENTS
New category added for after-hour illness events for individuals 11 years or older of R 1 500 per policy - PREVENTATIVE CARE BENEFIT
Benefit limit increased from R 1 300 to R 1 600 per policy and child immunisations formulary removed
ACCESS OPTIMISER and CORPORATE ACCESS
- OVERALL POLICY LIMIT (OPL)
- Limit increased from R 185 837 to R 198 660 per policy per year effective
1 June 2023. Another increase can be expected 1 April 2024 or when published by the Regulator - The OPL no longer applies to the policy, but to each insured person on a 2024 policy
- Limit increased from R 185 837 to R 198 660 per policy per year effective
- ACCESS BENEFIT
- Existing benefit limits for each listed procedure increased by R 5 000 per person
- New category added for adenoidectomy, myringotomy (grommets) or tonsillectomy of R 5 000 per person
- LIMITED PAYOUT BENEFIT
ACCESS BENEFIT no longer subject to the Limited Payout Benefit
ACCESS CO-PAY PLUS300 and CORPORATE ACCESS CO-PAY PLUS300
- OVERALL POLICY LIMIT (OPL)
- Limit increased from R 185 837 to R 198 660 per policy per year effective
1 June 2023. Another increase can be expected 1 April 2024 or when published by the Regulator - The OPL no longer applies to the policy, but to each insured person on a 2024 policy
- Limit increased from R 185 837 to R 198 660 per policy per year effective
- ACCESS BENEFIT
- Existing benefit limits for each listed procedure increased by R 5 000 per person
- New category added for adenoidectomy, myringotomy (grommets) or tonsillectomy of R 5 000 per person
- LIMITED PAYOUT BENEFIT
ACCESS BENEFIT no longer subject to the Limited Payout Benefit
CORPORATE ACCESS PLUS500
- OVERALL POLICY LIMIT (OPL)
- Limit increased from R 185 837 to R 198 660 per policy per year effective
1 June 2023. Another increase can be expected 1 April 2024 or when published by the Regulator - The OPL no longer applies to the policy, but to each insured person on a 2024 policy
- Limit increased from R 185 837 to R 198 660 per policy per year effective
- ACCESS BENEFIT
- Existing benefit limits for each listed procedure increased by R 5 000 per person
- New category added for adenoidectomy, myringotomy (grommets) or tonsillectomy of R 5 000 per person
- LIMITED PAYOUT BENEFIT
ACCESS BENEFIT no longer subject to the Limited Payout Benefit
INACTIVE RANGE
EDGE200, COMPACT200 and CORPORATE COMPACT200
- These options receive limited benefit enhancements as they’re part of an older product range. Existing policyholders may remain on these options or change to an option in our active product range
- OVERALL POLICY LIMIT (OPL)
Limit increased from R 185 837 to R 198 660 per insured person per year effective
1 June 2023. Another increase can be expected 1 April 2024 or when published by the Regulator
BASE500, CO-EVOLUTION500, G-FORCE500 and SENIOR500
- These options receive limited benefit enhancements as they’re part of an older product range. Existing policyholders may remain on these options or change to an option in our active product range
- OVERALL POLICY LIMIT (OPL)
Limit increased from R 185 837 to R 198 660 per insured person per year effective
1 June 2023. Another increase can be expected 1 April 2024 or when published by the Regulator
ACCESS OPTIMISER PLUS200 and ACCESS OPTIMISER PLUS500
- These options receive limited benefit enhancements as they’re part of an older product range. Existing policyholders may remain on these options or change to an option in our active product range
- OVERALL POLICY LIMIT (OPL)
- Limit increased from R 185 837 to R 198 660 per policy per year effective
1 June 2023. Another increase can be expected 1 April 2024 or when published by the Regulator - The OPL no longer applies to the policy, but to each insured person on a 2024 policy
- Limit increased from R 185 837 to R 198 660 per policy per year effective
- LIMITED PAYOUT BENEFIT
ACCESS BENEFIT no longer subject to the Limited Payout Benefit
HOSPITAL OPTIMISER
- This option receives limited benefit enhancements as it’s part of an older product range. Existing policyholders may remain on this option or change to an option in our active product range
- OVERALL POLICY LIMIT (OPL)
Limit increased from R 185 837 to R 198 660 per insured person per year effective
1 June 2023. Another increase can be expected 1 April 2024 or when published by the Regulator
EXTRA HIGH SCHOOL LEARNING SUPPORT
When South Africa faced a pandemic, and the country was in lockdown, high school learners benefited immensely from this online platform. However, since learners have returned to school, interaction on this platform has declined substantially.
Effective 1 January 2024, we’ll no longer offer this complimentary Lifestyle Benefit and remove it from all our Gap Cover options.
Discontinuation of this benefit will have no impact on policy premiums, as the cost was on us.
Registered users can continue using the platform directly through Boston Online Home Education at a cost.
Click here to visit their website or contact them at 011 551 9111.
