Lowest Entry Premium From ~R73/month (Assupol) No Medical Exam from R150–R180/month (1Life, MiWayLife) Average Market Range R200–R1,500/month Key Regulator FSCA (Insurance Act 2017) Claim Payout … Read More
South Africa has one of the most competitive life insurance markets on the continent — and also one of the most confusing. From JSE-listed giants … Read More
Founded 1992 (listed 1999) Headquarters Sandton, Johannesburg Regulator FSCA · FSP Licensed Type of Insurance Long-term Life Insurance Annual Claims Paid R11.5 billion (2024/25) Best … Read More
Products Available Paid Policy (OUTsurance) + Free Xtra Benefit Underwriter OUTsurance Life — FSP 896 OUTsurance Hellopeter 9.99 / 10 Trust Index Best For Unbanked … Read More
Underwriter Capitec Life Limited — FSP 54090 Parent Bank Capitec Bank (JSE: CPI) Active Policies (2026) 3.5 million / 15 million lives Best For Budget … Read More
⚠️ Important Status Update — Read Before Continuing African Rainbow Life (ARL) no longer operates as an independent insurer. In 2022, ARL announced the transfer … Read More
Product Suite MyCover Funeral (4 plans) Underwriter Nedgroup Life — FSP 40915 Parent Bank Nedbank Group (JSE: NED) Best For Nedbank clients wanting tiered, flexible … Read More
Product Name FNB Funeral Plan Underwriter FirstRand Life Assurance Limited Parent Bank FirstRand Bank (JSE: FSR) Best For eBucks earners, digital-first families Starting Premium From … Read More
Product Name Flexible Funeral Plan Underwriter Liberty Group Limited Broker / FSP SBIB — FSP 224 Best For Existing Standard Bank clients, banking-bundled cover Max … Read More
Founded 1897 (Cape Town) Parent Company Momentum Group (JSE: MTM) Type of Insurance Funeral, Life, Disability, Health Best For Large families, stokvels, groups Starting Premium … Read More