MultiCash Plan


Metropolitan MultiCash Plan is ideal for those wanting to save over the medium to long term.

For more information, call the Metropolitan Call Centre on 0860 724 724.

How long do I want to save for?

The time period that you choose to save for is called a term. You can choose a term between 10 and 15 years.

How much should I save?

The amount of money you can afford to pay for your goal is called a contribution. Monthly contributions start at R250 and a single contribution starts from R20 000. You can also make a single payment in addition to your regular monthly contribution.

Where is my money invested?

Your money will be invested in a Metropolitan Smooth Bonus Fund. With a smooth bonus fund you benefit from steady investment growth with stable, long term returns..

What are the benefits and features?

Automatic Inflation Management (AIM)
This benefit helps your savings to keep up with the rising cost of living (inflation). You can choose to increase your savings contribution each year by a fixed percentage.

Premium waiver on death
You can add this benefit to protect your savings from certain life events. If you (the person paying the contributions) pass away, Metropolitan will pay your contributions and pay out your savings to your nominated beneficiary at the end of the term. If your nominated beneficiary is deceased or we do not have the correct contact details, Metropolitan will pay your savings to your estate.

Premium waiver on disability
You can add this benefit to protect your savings from certain life events. If you become disabled and the disability affects your ability to do your work, Metropolitan will pay your savings contributions until the end of the savings term.

Beneficiary of ownership
When you apply for the plan, you can also choose a beneficiary for ownership. If you choose a beneficiary of ownership, he/she may take ownership of the plan and continue paying the contributions until the end of the savings term.

Contribution pause
If you become unemployed, fall pregnant, start full-time studies or suffer from a major illness, you can stop your monthly contributions for a limited time, provided the plan has a certain value (called a paid-up value).

What are the rules?

Entry age
The plan is open to men younger than 70 years old and women younger than 77 years old.

By law, you will be allowed one withdrawal during the first five years on your savings plan and you will pay a fee. After five years, you are allowed to take one withdrawal (certain limits apply) every year without paying a fee.

Get financial advice

We will call you back.

Or call us on 0860 724 724


Need to claim?

Call us on 0860 724 724

or visit your nearest Client Service Office