TOP 20 BEST LIFE INSURANCE COMPANIES IN SOUTH AFRICA

TOP 20 BEST LIFE INSURANCE COMPANIES IN SOUTH AFRICA

Life is so precious to every human, accidents may occur, which may cause death, we may have sick health, we might even want to invest for our future, all this brings us to using Life Insurance companies. This companies helps us in times of all these troubles. This article will show you the top 20 best life insurance companies in south Africa .

TOP 20 BEST LIFE INSURANCE COMPANIES IN SOUTH AFRICA

  • OLD MUTUAL INSURANCE

Existing for more than 160 years, the company has vast array of products which includes short-term cover schemes, medical cover solutions, life cover options, savings plan and retirement options. The company has lots of expert advisors that help you plan and they also develop long term plan also.

  • SANLAM LIFE INSURANCE

Started in 1918, the company helps citizens in building wealth and they also fund other projects in helping out the society. The company has funeral covers, educational loans, retirements. The company is rated as the top best because of the good quality services they offer.

top life insurance companies in south Africa

top life insurance companies in South Africa

 

  • DIFFERENT LIFE INSURANCE

The company offers quality services, though its still new, but they have a way of helping out the needy children of the society. As the name implies, different life they are unique in everything they do. The company was started out with two (2) brothers, they offer lots of options to their clients. Their aim is to help change the world to a better place.

  • METROPLOITAN LIFE

This company breathes life into their insurance, they have been in existence since 1979. The company has good plans to offer to its clients, they are; Disability cover, Lifestyle adjustment, Life cover. All these plans are also sub-divided into different categories.

  • DISCOVERY LIFE

The company protects the financial well- being of people and stimulate growth. The company offers four (4) main services which are; Health products and plan for everyone, Life cover plan for the well-being of your family, short-term cover, investment in life insurance.

  • CLIENTELE LIFE

This company offers two (2) plans for life insurance; Clientele life premium life plan, lasting dignity. Each of these plans are affordable. The Lasting dignity plan starts from R100 per month, and after every 60 premium paid, the company gives you a cash back bonus which is equivalent to the first six months premium.

  • GUARDRISK LIFE

This company provides insurance for employees and business partners. Working with Guardrisk makes you insured. On the death of a member, the family receives the final pay out. Guardrisk covers disability, critical illness and death. Other companies can also partner there, to get their staffs insured and others.

  • ABSA LIFE

The company is rated as one of the most expensive, but is noted that every cent you pay is worth it. ABSA provides covers like; Accidental Death Benefit, Death Benefit, Critical Illness Benefit, Physical Disability Benefit, Functional Impairment Benefit. The covers are so numerous to mention, there is a sure plan that will suit you and your family.

  • ASSUPOL LIFE

This company has been providing insurance since 1913, their services are affordable. They have a wide range of different plans; Accident Plan, The Precious Legacy, The Progress 4sure plan. If you check all these plans one of them will be suitable for your needs.

  • 1 LIFE DIRECT INSURANCE

The company covers are affordable they are ready to help your family out even when you are gone. Their covers are for those with Medical Problems, Cultural Preferences that require big funerals, those that fall in the lower income group.

  • ALLAN GRAY LIFE

This company works in ways to make your life easier, by using your retirement money as an annuity investment. They also provide client life plan.

  • BOE LIFE

This company provides covers in time of death and Illness, the most interesting part is that they provide cover for your children. Many of us do wonder that if we die today, what of our kids well-being . BOE is there to give you that cover you need for your children.

  • PROFESSIONAL PROVIDENT SOCIETY (PPS)

This company specializes in insurance plans for the doctors, advocates, surgeons and more. PPS ensures paying all your debt and giving your kids extra educational cover. You can decide on a choice between the whole life cover and the term life cover and you can easily switch from one plan to another.

  • CAPITAL ALLIANCE

With this company, you are sure of getting steady cash flow. They offer the Life Cover Plan, Absolute Protector, Absolute Impairment and others.

  • AVBOB MUTUAL ASSURANCE

The company was formed in 1921, it’s rated as one of the top three long-term South Africa insurance company. Assurance and Insurance are two separate terms. In Insurance, there is no pay-out if you outlast the terms of your contract, however the Assurance company pays out. This company has over 1.3 million clients and they specialise in burial and funeral services.

  • ALEXANDAR FORBES

They have lots of packages which includes; Life insurance, Income packages and many more. The company has lots of plans attached to this and they offer good services to clients.

  • PINNAFRICA INSURANCE

Started in 1997. This company offers different kind of options for its clients. Clients priority is the most concerned in the company.

best life insurance companies in south Africa

best life insurance companies in South Africa

  • REGENT LIFE ASSURANCE

The company covers health, accident, commercial and others. They cover life solutions for employees benefit, funeral, credit life. They offer good customer service.

  • SAGE LIFE

They specialise in investment solutions and life insurance products. The company covers funeral benefit assurance, health assurance, retirement annulties.

  • RENTMEESTER LIFE INSURANCE

The company provides life covers, funeral products, customer support and others. The company is one of the best and their premium monthly payment is affordable.

There you have it on the top 20 best life insurance companies in south Africa .All of these insurance companies mentioned above, are affordable by the lower class, middle class and even the high class personnel of the society. Its better if an individual get a suitable life cover plan, for him and his family, investment with an insurance company is a sure way of securing your future.

That’s all on top 20 best life insurance companies in south Africa

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