What is Momentum?
Momentum is a financial services company and provider of healthcare, insurance and investment solutions in South Africa.
Which Bank Does Momentum Use in South Africa?
Momentum® Banking | Fifth Third Bank.
How do I submit a claim to momentum?
How to submit a car and home insurance claim
Call. 0860 006 784.
Email. miclaims@momentum.co.za.
App. Download Momentum App.
Does Momentum offer funeral cover?
Death Benefits. Loved ones who remain behind are faced with many expenses, such as the funeral, outstanding debt, and paying for their children’s education.
We provide your employees and their families with financial assistance during this time.
How long does momentum take to pay death?
When do dependants get their money? Although the Pension Funds Act allows the trustees 12 months from the date of receiving notice of the member’s death to find and pay beneficiaries,
the fund will pay out the death benefit as soon as they have finalized the investigation.
Can I withdraw money from my momentum retirement annuity?
Momentum Pension and Provident Preservation Funds
Members can transfer their benefit from a pension or provident fund into a preservation fund after they have reached their retirement date in that fund.
In this case, a once-off preretirement withdrawal will not be allowed on the retirement benefit transferred.