Question 1

What is Momentum and how does it work?

Accepted Answer

Momentum is a South African financial services platform that helps individuals and businesses manage medical aid, short-term insurance for car and home, life insurance, investments, savings plans, and estate planning. You access services through the website at momentum.co.za or the Momentum App, where you can get online quotes, submit claims, make payments, and track your policies. Registration creates a personal online profile to view and manage your products, with options for advisor-led support.

Question 2

How much does Momentum cost?

Accepted Answer

Costs vary by product and personal circumstances. Medical aid starts from R589 per month, gap cover from R259 per month, and savings plans from R500 per month. Get personalized quotes on momentum.co.za for insurance, investments, and other services.

Question 3

What countries does Momentum operate in?

Accepted Answer

Momentum primarily operates in South Africa. Offshore investing services are available for South Africans abroad through FinGlobal by Momentum.

Question 4

How do I sign up for Momentum?

Accepted Answer

Go to momentum.co.za, click 'Register' or 'Log in' in the top right corner, and follow the prompts. Select your account type (client or member), enter details like ID number and email, then choose a username and password. Verify your email or enter an activation code to complete registration.

Question 5

Does Momentum have a mobile app?

Accepted Answer

Yes, Momentum is available on iOS and Android. You can download Momentum on the App Store for iPhone, or get it on Google Play for Android.

Question 6

Who is Momentum best suited for?

Accepted Answer

Momentum suits individuals seeking medical aid, personal insurance, investments, and savings; businesses needing insurance and investment management; and corporates administering employee benefits and retirement solutions via FundsAtWork.

Question 7

How do I contact Momentum support?

Accepted Answer

Contact Momentum at 0860 546 533 for local investing, 0860 444 433 for international investing, 0860 665 432 for life insurance, or email myriad@momentum.co.za, investments@momentum.co.za, or shortterm@momentum.co.za.

Question 8

Does Momentum have a plan for teams or businesses?

Accepted Answer

Yes, Momentum offers services for businesses including short-term insurance, investment management, and corporate employee benefits administration through FundsAtWork.

Discover Products, Get Discovered.