At Payout (Pty) Ltd., we aim to ensure that your beneficiaries are aware of the Policy Benefits that may be due to them in the unfortunate event of your death or incapacity.
Did you know that many funeral policies only allow beneficiaries to claim within 6 months of the insured person's death?
Imagine your loved ones forfeiting benefits you worked so hard to leave them with, only because they didn't claim in time or weren't aware of the policy. Dealing with the loss of a loved one or losing contact over time can lead to such disasters.
There is currently over R80 Billion in unclaimed benefits in South Africa, and it keeps growing!
Email payout@liquidbridge.co.za or WhatsaApp 068 675 5442 and we'll send you the forms to complete with your policy details and beneficiary details.
You can also complete the form on your device.
No need to print or scan any documents.
Our most expensive subscription costs much less than R1 a day!
Subscriptions are payable annually via various channels.
Once you've paid your subscription fee, we'll notify all your loaded beneficiaries of the policies they are listed on when someone registers your death or incapacity.
You can add, remove and update the policy and beneficiary details anytime as long as your subscription is active.
You may upgrade, downgrade, or cancel your subscription anytime.
You can customize the message to be sent to your beneficiaries (e.g. Add a reminder that they must use the money wisely)
Liquid Bridge Fund through its TrustBridge division provides us with various administrative services including management of funds and beneficiary tracing.
You can find more about Liquid Bridge Fund and its TrustBridge division here: https://liquidbridge.co.za/tbc
Subscriptions payable annually. Pay for multiple years to avoid price increases.
Pay with your Reward Points. Top-up your Rewards Account anytime.
What you get:
Unlimited Policies
Unlimited Beneficiaries
SMS & Email notifications to Beneficiaries
What you Get:
Everything in Basic plus:
Standard Contact Tracing
Personalized Notifications
What you Get:
Everything in Standard plus:
Enhanced Contact Tracing
Confirmation of Notification receipt
Policy Documents Upload
Customize your subscription plan with these services:
Claim Assist R5/month
Standard Beneficiary Tracing R3/month
Enhanced Beneficiary Tracing R5/month
Personalized Notifications R3/month
Policy Documents Upload R3/month
Confirmation of Notification Receipt R4/month
Refer and Earn Payout Reward Points, the only rewards that grow passively like money!
Use PROMO code during your registration, get a discount on your first annual subscription fee.
Share your PROMO code, earn Payout Reward Points #prp.
Our Payout Reward Points mean serious money, literally!
1 point = R1
Your points balance grows monthly at a rate of 5% p.a.
Redeem points for cash anytime.
Earn extra income and watch that income work for you!
Anyone with your ID number may register such an event by emailing us, we will send the notifications to beneficiaries loaded on policies which triggers claimable benefits on the loaded event after verification.
The information in the notification will include the insurer's name, contact number of insurer, and the policy number.
A subscriber written message can be added in the notification.
Standard Contact Tracing means an automated search where we search for the beneficiary's last known contact number, last known address, life status, and other information from various Bureaus across the country.
Enhanced Contact Tracing means an automated search where search for the beneficiary's last known 3+ last known contacts, 3+ last known addresses, 3+ last known employers, life status, and other information from various Bureaus across the country.
PAYOUT is a South African proprietary limited company that helps protect the interests of society by ensuring that they have access to smart and simple solutions which decrease the risks of not receiving life linked benefits that stem from the insurance and finance industry, this includes anything from funeral cover benefits to pension benefits.
In short, PAYOUT is a Beneficiary Benefits Protector.
The solution was inspired by real-life stories of beneficiaries who discovered they were entitled to thousands in benefits after those benefits had expired and instances where beneficiaries suffered prolonged financial distress unaware of existing substantial benefits due to them and some passing away without ever knowing.
PAYOUT is a Level 1 BBBEE contributor in terms of the Broad-based Black Empowerment Act 53 of 2003.
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Payout (Pty) Ltd. is administered by Liquid Bridge Fund (Pty) Ltd.
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