It is convenient, flexible and affordable.

It pays out cash benefits ranging from ZWL$600 000 to ZWL$50 000 000.

100% accidental cover available immediately.

Renewal option on both Term and Platinum

  • Term Life Plan

    No medicals (Untested):
    Minimum: $600 000.00
    Maximum: $4,499,999.00

  • Platinum Life Plan

    Medicals required (Tested):
    Minimum $4,500 000.00
    Maximum $50,000,000.00


Life Assured

Life assured can be the same or different from the policy holder.

Age Entry

Minimum: 18 years last birthday

Maximum: 70 years last birthday

Premium payment

Is paid in advance on selected premium frequency:

  • Monthly
  • Quarterly
  • Half yearly
  • Annual

Medical underwriting

For the cover up to $4,499,999:

  • 10 medical underwriting questions
  • 3 months waiting period (subject to claim underwriting)

For cover above $4,500,00.00

  • 10 medical underwriting questions
  • The policy holder undergoes medical tests

Policy termination Rules

The Life Plan will terminate:

  • On the death of the Life Assured
  • If the premium payment rules are violated
  • On the Policyholder’s request for cancellation. OM can also cancel contract.
  • On expiry of the term of the policy.

Claims underwriting

A certificate of a medical attendant report from the client’s medical doctor will be requested for death within constable period of 3 years. This will seek to ensure that:

  • The claim is valid
  • The waiting period had passed, for Untested business
  • There was no case of non-disclosure of an illness that led to death of life assured

Claimant must produce:

  • Original copy of contract
  • Claim form
  • Original death certificate
  • Police report if accident death
  • Claimant’s ID

Terms and Conditions

Offering is subject to full terms and conditions which are in the policy documents

Underwritten by Old Mutual, 100 The Chase, Emerald Hill, Harare

Back to Top

Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.


Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.