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https://www.bonitas.co.za › plan-comparison
A savings plan that offers basic cover for day to day medical needs and unlimited hospital cover at a comprehensive list of private

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Savings plans give you a ring fenced annual amount for day to day claims comprehensive plans add an above threshold benefit

https://money101.co.za › traditional-new-generation-medical-scheme
While a savings type option what those in the business call a New Generation option might be perfect for a young

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Traditional plans don t have a savings component and gives you a set number of benefits linked to a certain category

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One of the biggest differentiating factors lies in the amount of out of hospital day to day benefits that are available

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Term plans are ideal for pure protection at a low cost Traditional plans work for people who prefer safe disciplined

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Traditional plans provide a broad range of health cover This includes hospital stays outpatient care chronic

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Savings plans and investment plans differ fundamentally in terms of risk Here are some primary differences between

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What a Traditional Insurance Plan Is A traditional life insurance plan combines two financial functions within a single