Employer contributions
Contribute a fixed monthly amount, a once-off amount or an agreed benefit toward participating employees' premium accounts.
IsizweVault gives employers a practical way to support staff insurance funding while giving employees one account to organise multiple policies, build a premium reserve and keep track of upcoming payments.
Employers can contribute toward employees' IsizweVault accounts as a staff benefit, while employees remain able to manage the policies they choose to link to their vault.
Contribute a fixed monthly amount, a once-off amount or an agreed benefit toward participating employees' premium accounts.
Each participating employee receives an IsizweVault account number that can be used to identify their vault and support recurring premium instructions.
Employees can see their linked policies, premium dates, available balance and funding activity from one dashboard instead of managing each policy separately.
The employer agrees on the benefit structure and participating employees.
Each employee registers and receives a unique IsizweVault account number.
Employees add eligible insurance policies and their monthly premium dates.
Employer and employee contributions can build a reserve intended to support future premiums.
IsizweVault is designed to help participating providers identify a customer's premium account, improve payment visibility and reduce avoidable lapses caused by missed funding.
Every vault has an account number and deposit reference, creating a consistent identifier for customers and payment reconciliation.
Funding activity can be recorded and reconciled before balances are released to customers, including cash, EFT, ATM and retail deposits.
Insurers, brokers and employers can participate in structured programmes that encourage employees to maintain adequate premium funding.
We can explore employer contributions, insurer participation, staff onboarding and payment-integration requirements with your team.