For many South Africans who are have medical aid cover, considering the amount of dental cover they have is often disregarded or taken for granted. The reality is that medical aid companies don’t provide cover for all dental procedures.
This is where it can be helpful to get assistance from dental finance companies.
Dental finance companies in South Africa provide an alternate way for individuals to pay for any dental procedures they require.
Medifin:
Medifin is a leading health finance company that provides finance for a variety of surgeries. There is no collateral required to qualify for finance from this institution. There are also no down payments required, while interest rates are competitive. No penalties are charged for early payments made.
With Medifin, you can get access to dental finance of between R8000 and R250 000. Repayment terms range from 12 to 60 months.
Incred Medical Finance:
Incred Finance essentially provides payment solutions for specific procedures not covered by your medical aid or that are out of your financial reach.
The institution provides finance for procedures that cost R10 000 or more. As an Incred Finance client, you will have a reasonable repayment term of 6, 12, 24 or 36 months to repay.
To apply for dental finance from Incred Medical Finance, all you have to do is send these supporting documents to Incred Finance:
- Latest 3 months’ bank statements
- D. copy
- Recent salary Slip
- Proof of residence
Your application will be assessed within 48 hours. If your medical loan is approved, Incred Finance pays the dentist on your behalf. You can also choose any dentist.
What are the disadvantages of using dental finance companies?
Beneficiaries are generally required to abide by certain treatment protocols. They may even have to provide motivations for specialist dentistry. Medical schemes are generally averse to open-ended risk, so they may require you to follow particular protocol.
