Myriad life insurance

Myriad life insurance

Momentum Myriad provides the right amount of cover to suit your age, income, lifestyle and family. Myriad cover also includes death, disability, critical illness, and income protection, making sure your family has the necessary financial help that will enable them to deal with unexpected life events. 

Your rewards amount is calculated simply using the combined results of your Healthy Heart Score, Active Dayz™ (or fitness assessment level) and your Multiply Premier status.

If you do not have a Healthy Heart score, your discounts will be based on a red Healthy Heart Score. Active Dayz™ will be averaged over a six-month period from January to June and again from July to December. In calculating the average, the worst month of activity is ignored.  Your discount during the first half of the calendar year will be based on your average between July and December of the previous year, and your discount during the second half of the year on the average between January and June. 

If you were a Multiply member for less than six months, the average calculation will be based proportionately on the number of months you were a Multiply member. To protect you from a decrease in discount during the calendar year, any decreases in your scores (Healthy Heart, average Active Dayz™ or fitness level) from the ones recorded at the start of the year, will not affect your discount during a calendar year; and this will explain any differences between your actual Multiply scores and the ones used by Myriad.

You can improve your discount in the middle of the year by improving your average Active Dayz™ over the preceding six-month period.  You can also improve your discount at any stage if you go for a health or fitness assessment with an improved outcome or improve your Multiply status.

I WANT THIS PRODUCT

Starter

What do I get?

If you have Multiply Starter, you don’t qualify for discounts on life insurance. Upgrade to Multiply Premier now to start enjoying these great benefits. 

Provider

What do I get?

If you have Multiply Provider, you don’t qualify for discounts on life insurance. Upgrade to Multiply Premier now to start enjoying these great benefits. 

Premier

What do I get?

With Multiply Premier, you can get up to 60% off your monthly Momentum Myriad life insurance premiums.

Your discount is calculated using the results of your Healthy Heart Score, Active Dayz™ (or fitness assessment level) and your status on Multiply Premier.

Here’s how we calculate your Myriad discount:

How do I get it?

 

1. Get your Healthy Heart Score

To get a Healthy Heart Score, you will need to complete a health assessment. As a Multiply member, you get one free health assessment per year. 

2. Get active

Earn Active Dayz™ by hitting 10 000 steps in a day, burning 300 calories in a session, going to the gym or participating in an event.
Multiply will also recognise and use your fitness assessment level to calculate your rewards if you choose this instead of Active Dayz™.

3. Improve your Multiply status

The number of points you accumulate will determine your status, which will determine your discounts.
 

Click here for Multiply Ts & Cs.