Secure your future – it’s never too early to start      
Choosing Death Cover 
Why would I elect to reduce my death cover? Back to Death Benefits page

The only reason why you would elect to reduce this cover is because you feel you do not need it. 

For each one times annual deemed pensionable amount you reduce your salary by, you will be credited with additional retirement savings. The Trustees will review this additional credit from time to time.

Before electing to reduce your death cover, you should make sure that you have sufficient cover. In doing this calculation, you should take into account any death cover you have in addition to the benefit provided from the UCTRF (e.g. the separate UCT Group Life Assurance Scheme).

What level of death cover do I need?

The amount of death cover you need depends on how many dependants you have, the age of these dependants and how financially dependent these dependants are.

The Toolbox contains a Death Cover Calculator that will help you to determine that amount of death cover you require.