Old Mutual Insurance South Africa
You are on Uni24.co.za, in this article, we bring to you everything to know about Old Mutual Insurance South Africa. An insurance company is any firm that provides a means by which risk is managed. Put it this way, Old Mutual Insurance South Africa sells packages that offer protection against unexpected life circumstances in relation to damages, loss, theft or any bad situation.
With that said, Old Mutual Insurance South Africa provides an array of insurance protection categorized into four groups. These are Old Mutual Insurance South Africa Motor Insurance, Old Mutual Insurance South Africa Health Insurance, Old Mutual Insurance South Africa Business Insurance, and Old Mutual Insurance South Africa Home Insurance. These are some but a few of the insurance services this company offers. Other areas of protection include Fire Insurance, Life Insurance, Liability Insurance, Business Insurance, and many more.
About Old Mutual Insurance South Africa
Old Mutual was established in Cape Town in 1845 as South Africa’s first mutual life assurance society. Our purpose is to help our customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, their communities and broader society. In this way, we significantly contribute to improving the lives of our customers and their communities while ensuring a sustainable future for our business.
We now employ over 30,000 people and operate in 14 countries across two regions: Africa (South Africa, Botswana, eSwatini, Ghana, Kenya, Malawi, Namibia, Nigeria, Rwanda, South Sudan, Tanzania, Uganda and Zimbabwe) and Asia (China).
Services of Old Mutual Insurance South Africa
OLD MUTUAL PERSONAL SOLUTIONS
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BANK & BORROW
- Money Account
- Personal Loans
- Debt Consolidation
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SAVE & INVEST
- Education Plans
- Retirement Plans
- Investment Plans
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INSURE
- Life & Disability
- Funeral
- Short-Term Insurance
- Health
OLD MUTUAL INVESTMENT SOLUTIONS
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Strategy Funds
Strategy Funds Align Directly To The Return Objectives Required By Each Of Our Proprietary Investment Strategies
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Offshore Investing
Access Well-Regulated And Extremely Secure Offshore Investment Opportunities.
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Private Client Securities
Bespoke Investment Portfolios For Private Clients
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Treasury And Advisory Services
Our Cash Investment Experts Work Hard To Get You The Highest Possible Interest Rates.
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Tailored Fund Portfolios
Enabling Financial Planners To Create Tailor-Made Portfolios Aimed At Achieving Clients’ Specific Goals.
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Multi-Managers
Benefit From Both The Best Of South African And Offshore Asset Managers
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My Wealth Trader
Gives You Quick And Easy Access To Real-Time Trading On Local And Global Markets
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Responsible Investing
Invest While Considering Your Environmental And Social Impact.
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Old Mutual Investment Series
A Core Range Of Funds, Hand Picked And Tailor-Made To Meet The Needs Of Any Investor.
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Index Funds
Your Investment Follows The Performance Of The Market Index
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Guaranteed Solutions
Guaranteed Solutions Offer Investors Real Returns, While Reducing The Volatility Associated With Market-Linked Investments
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Investment Backed Loans
Bespoke Liquidity Solution With Flexible Terms
OLD MUTUAL BUSINESS SOLUTIONS
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INSURE
- Old Mutual Insure
- Employee Benefits
- Old Mutual Protect
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BUSINESS FUNDING
- Masisizane Fund
- SMEgo
- Black Distributors Trust
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BUSINESS PARTNERSHIPS
- Agency Franchise Division
- MFC Franchise
OLD MUTUAL CORPORATE SOLUTIONS
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FINANCIAL PLANNING
- Investment Planning
- Retirement Planning
- The Way Of The Will
- Your Financial Future
- The Language Of Financial Planning
- SHORT-TERM INSURANCE
- Cover Options
- Making A Claim
- Insurance: House And Car
- What Is Short-Term Insurance
- Buying Insurance And Paying Premiums
- WILLS AND ESTATES
- Your Will
- Estate Planning
- Marital Contracts
- Trusts
- Estate Duty
- RETIREMENT
- Retirement Route
- Retirement Checklist
- Preservation
- The Way To Grow
Contacts of Old Mutual Insurance South Africa
Contact Details
Tel: 0860 22 55 63
Brokers & Advisers: 0860 63 73 73
Direct Customers: 0860 22 55 63
Frequently Asked Questions on Insurance in South Africa
How Much Is Car Insurance per Month in South Africa?
Car insurance in South Africa comes at an average cost of ZAR 1,322.00 per month. It should be noted that this varies greatly from one company to another the difference is the extent of insurance coverage you get and other premium services that come with the package. On a broader scale, the average monthly payment for car insurance is about 58 USD. Factors that influence your insurance premium include your driving history, your current location, and the coverage.
Does Life Insurance Pay for Suicidal Death?
The answer to this question varies from one insurance company to the other. However, most insurance companies include a suicide clause in their life insurance policies. This simply means that the first two years of a life insurance policy do not cover suicide-related circumstances. This is done to protect the firm from situations where a policyholder purposefully commits suicide with the hope of winning his family or beneficiaries’ payouts. But in the case of a life insurance policyholder whose been with the firm for more than 2 years, a death benefit is paid out to the beneficiaries.
What Is Short-Term Insurance?
Short-term insurance is any insurance policy that lasts for an hour, day, week or month. These policies are designed for very short-term needs. It should however be noted that some insurance companies offer longer durations under this package. Generally, they provide protection against theft, damage to goods or property or any other form of liability.
What Is Excess in Insurance?
Excess in insurance is generally the amount of money you have to pay to cover your insurance claim. This allows the insurance to pass on an agreed amount of the risk to the policyholder and is included in the policy. So in the event of an insurance claim, the beneficiary pays a portion of the claim cost and the insurance company pays the rest.
How Much Is House Insurance in South Africa?
How much is house insurance cost in South Africa? In South Africa, prices for home insurance vary from Rs 1,800 per square foot for basic projects and Rs 3,000 per sq ft for lavish projects. The coverage for house insurance extends to theft, fire, malicious or flooding, lightning, and storms. The two common coverage include Home Structure Insurance and Home Content Insurance.
Home structure insurance protects against damages to the structure of the building on the exterior or interior often resulting from storms, earthquakes, flooding, or lightning.
The home content insurance covers property theft within the house or damages to any property within the house.
