Are you looking for best Insurance companies in South Africa? This article will be helpful for those who want to insure your property, precious valuables or take out life insurance, insurance companies in South Africa are there to give you the most favorable covers.
Sometimes Insurance can be a lifesaver in undesirable situations, and you never really know how badly you need it until you are stuck without it.
Top Insurance Companies in South Africa for 2022
The following are Top Insurance Companies in South Africa;
King Price
King Price is one of Insurance companies which provider of all types of insurance. King Price have insurance policies for everything from your car and home to your mountain bike or favorite golf clubs. They truly aspire to be the ‘kings of insurance”, and so have extremely competitive premium pricing.
One of their most attractive products is their R1 insurance, which claims to cover smaller valuables from as little as R1 per month.
1st for Women Insurance
1st for Women insurance offers a range of comprehensive Insurance like Car, Home and Business insurance. This insurance company was named the winner of Service Excellence in the Short-term Insurance industry at the 2017. They give first priority to women (hence the name) and offer extra services like Guardian Angel on Call and Handbag Cover, all with South African women in mind.
Sanlam
Sanlam, one of the largest FSPs in South Africa, provides insurance, investment, financial planning & retirement advice to individuals. In insurance, Sanlam offers a comprehensive cover for any unpredicted incidents that may occur, such as illness, theft, accidents or even death. The comprehensive cover makes you to enjoy the peace of mind when your health and finances are secured at one of South Africa’s best insurance companies providing you cover in any shortfall.
Sanlam Insurance company offer everything from car and home cover to life and business insurance and medical insurance.
Old Mutual
Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate. In insurance matter, Old Mutual‘s direct short-term insurance product, iWyze, offers comprehensive insurance for both car and home. They have over 160 years’ worth of knowledge and experience in the insurance industry and use this wealth of wisdom to provide you with the best cover.
MiWay
MiWay offers affordable insurance packages including Car Insurance, Home Insurance and Business Insurance in South Africa. From comprehensive cover, to cover for different aspects of your business like each plant and machinery and goods in transit. This means you are able to insure individual parts of your business or include everything under one plan, depending on what works best for you.
Affinity Health offers simple and effective medical insurance. They provide cover for those who cannot afford hefty medical aid fees, while still giving their clients the peace of mind that they are covered should they have a medical crisis.
OUTSurance
OUTsurance Insurance Company Limited with Registration Number. 1994/010719/06. A licensed non-life and Financial Services Provider (FSP 896). OUTSurance has always strived to stay above their competition, offering new and innovative ways to give their clients the absolute best insurance cover. They pride themselves on making sure that their clients always get something out. Their famous OUTBonus rewards clients with a cashback, provided they have not claimed for a certain period of time.
Budget
Budget Insurance Company Ltd. was launched in South Africa’s insurance market in 1998. It is part of the Telesure Group. Budget Insurance offers insurance on a budget thanks to low premiums on car, home etc. Budget offers insurance that covers all aspects of your business. From your work vehicle to your office and all of its contents, as well as money that is on the premises. Budget is designed for any business, from a small cafe shop to a large enterprise.
Discovery
Discovery Ltd is the licensed controlling company of the designated Discovery Insurance Group. Registration number: 1999/007789/06. Discovery’s health insurance is in a league of its own. Discovery Insurance Group have continued to outsmart every one of their competitors and remain one of the top insurers in South Africa. Their packages are designed for all different budgets and needs, and they have built a trusted name for themselves. Their prices, however, can be quite steep for the average South African.
