Life Insurance Companies

For a developing country South Africa’s financial sector is extremely strong as the healthy number of life insurance companies bears testament. Having so many life insurers to choose from can however make it very difficult for the average consumer to make a decision as to which company to use. Listed below are just some of the life insurance companies in SA:

1Life direct
ABSA Life
AIG Life
Assupol Life
Channel Life
Clientele Life Assurance
Discovery Life
Guardrisk Life
Hollard Life Assurance Company
Liberty Group
Medscheme Life Assurance
Metropolitan Life
Momentum Group
Nedgroup Life
Old Mutual Life Assurance
Regent Life Assurance
Sanlam Life Insurance

For a complete list of companies follow this link to the long term insurance ombudsman website: Registered Insurance Companies

Selecting an insurer and even an individual product is surprisingly stressful and confusing. The best thing to do is to contact several companies and speak to their consultants and brokers. Don’t be pressured into making a decision right away. Instead learn as much as you can from each person and then make a more informed decision. Sites like www.insurancehound.co.za and www.hippo.co.za can remove a lot of the ‘leg work’ when shopping around for life insurance brokers.

If you would like more information on how to find great life insurance products, feel free to contact us today!