Insurance
Compare Life Insurance Providers in South Africa
Life cover pays a benefit if the life assured dies while the policy is in force, subject to the wording. The premium and the amount of cover are set for the person who applies.
Premiums, excesses, contributions and cover depend on your circumstances and the policy or scheme rules. Confirm the final terms before you buy. Information checked 29 October 2026.
Compare providers
The provider name links to the WiT Money profile where one exists. The gold button opens the recorded website. It is not a quote and not an application.
11 of 11 products, in provider name order. A missing premium, contribution or excess is not shown as zero, and nothing is ranked as cheapest. A filter matches the published line. It does not decide that you qualify.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Official product directory and policy books are available.
Considerations
- Cover selection, claims documents, waiting periods and underwriting restrictions depend on policy.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Official bank insurance page describes these benefit types.
Considerations
- Cover packages and insured events differ
- Credit protection is tied to eligible credit products.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
- Assupol. No official logo is shown.Assupol
Assupol life insurance – product range
Life or funeral cover. Confirm whether the brand is the insurer.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Official provider site names funeral products and life insurance range.
Considerations
- Products vary by cover level, age, family members and current sales availability.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
AVBOBAVBOB Cashback Lifestyle / life products
Life or funeral cover. Confirm whether the brand is the insurer.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Official plan directory identifies funeral and eligible life risk benefit types.
Considerations
- Disability and critical illness features may be selected benefits in a package, not standalone cover.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Official product descriptions, digital/app application and underwriter disclosure.
Considerations
- Product-specific eligibility, waiting periods and quote-based premiums apply.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Official disclosures identify life insurance and funeral business.
Considerations
- Check premium and benefit escalation terms for the actual plan.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
Discovery LifeDiscovery Life Plan – principal life cover
Life or funeral cover. Confirm whether the brand is the insurer.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Discovery Life Plan technical documentation describes the benefit families.
Considerations
- Plan edition, severity definitions, related benefits and integration rules vary
- Documents may predate current offering.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Official FNB insurance directory lists funeral, life and debt protection.
Considerations
- Verify individual legal underwriter, product name, current availability and borrower eligibility.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
HollardHollard Life Cover / My Life and More
Life or funeral cover. Confirm whether the brand is the insurer.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Official policyholder page names the cover type and claims service.
Considerations
- Policyholder service listing does not establish every product is currently open for new sales
- Verify.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
MomentumLife cover – benefit paid on qualifying death
Life or funeral cover. Confirm whether the brand is the insurer.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Policy and option dependent
Advantages
- Official category directory explicitly describes the relevant benefit.
Considerations
- Conditions, premium, occupation definitions and benefit options vary by policy.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
- Premium
- Personalised quotation. A premium is not printed on this card.
- Cover
- Confirm the cover amount on the quote. A sum insured is not printed on this card.
Underwriter or legal entity. Confirm the legal insurer on the policy schedule.
What the product line describes. Restricted eligibility for qualifying graduate professionals.
Advantages
- Dedicated solutions for qualifying graduate professionals
- Published product descriptions.
Considerations
- Membership/qualification restrictions
- Benefit waiting periods and definitions apply.
Notes checked 29 October 2026. A benefit is confirmed only when the policy schedule includes it. A missing limit is not R0.
Compare selected products
Choose up to three from this page. A missing benefit is not treated as excluded. Confirm it in the wording.
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Estimate with your own figures
Type the amounts you want to test. The result uses those amounts only. It does not fetch a quote, and it does not decide a claim.
How to read this comparison
Term cover runs for a stated period. Whole-of-life cover is structured to stay in force for life, usually with a premium that can be reviewed. Level cover and cover that increases are different. A medical, an exclusion, or a loading can apply after underwriting.
The estimator on this page adds the debts, income and once-off costs you type, then subtracts cover and savings you type. It ignores inflation, estate duty and whether income protection would suit you better. It is not advice to buy a policy.
A life policy pays if the life assured dies while the policy is in force, sometimes if they become disabled, if that benefit was added. The people who need it are the ones who would have to pay the bond, the school fees or the business debt without your income.
Funeral cover is a smaller, specific benefit. Do not assume a funeral policy clears a bond. The life-cover calculator on this site is a simple sum of debts and years of income. It is not a recommendation of how much to buy.
How the cover works
Term and whole of life
Term cover lasts for a period and often has no cash value. Whole-of-life cover is designed to stay in force, at a premium that can rise. Know which one the quote is.
Underwriting
The insurer may ask health questions, require tests, and exclude a condition. Answer truthfully. A claim refused for non-disclosure helps nobody.
Beneficiaries
Name them and tell someone the policy exists. A beneficiary nomination on a personal policy is not the same document as a retirement-fund nomination.
What to check
Sum assured
The rand paid on death, and whether it stays level while inflation moves.
Term
The years the policy runs.
Premium pattern
Level, stepped, or reviewed. A cheap premium that jumps is still the contract.
Extras
Disability, dread disease and waiver of premium, each with its own wording.
Risks
- Too little cover to settle the bond.
- Too much cover, bought because a commission depended on it. Ask an adviser how they are paid.
- Letting it lapse when the debit order fails.
- Confusing it with a retirement annuity. An RA is not life cover, though some RA products bolt cover on.
Claims and complaints
Report a claim to the insurer, scheme or administrator named on your documents, in the way the policy or scheme rules describe. WiT Money does not decide the claim. If you have complained to that organisation and you are still not satisfied, the National Financial Ombud Scheme handles certain financial complaints, and the Council for Medical Schemes handles medical scheme complaints. Take the policy schedule, the rejection letter and the claim documents with you.
How WiT Money compares these products
Products stay in provider name order. A car excess, a funeral benefit, a medical scheme contribution and a pet plan are not sorted against one another. Nothing is ranked as the cheapest. A listed name is not a recommendation, and WiT Money does not sell the policy. Where this site has the provider's logo, it is shown. Otherwise the name is shown without a mark. An FSP number or a scheme registration number is not printed unless the recorded page already states it, and it is not a register check by WiT Money.
Questions readers ask
How much life cover do I need?
Enough to settle debts and replace income for the years your dependants need it, after assets and cover you already have. The calculator is a sketch. A personal figure is advice, and advice needs an authorised provider.
Does my employer cover count?
Group life pays if you die while the scheme rules say so, often only while you work there. Do not build a whole plan on cover that ends when the job ends. Read the group scheme.
Is the payout taxed?
Personal life-policy benefits are generally not income in the way a salary is, but estate duty can apply to the estate. The SARS Budget 2026 guide describes estate duty. Get tax advice for a large estate rather than relying on this paragraph.
Related products
Guides
Other insurance pages
Sources
Page updated 29 October 2026. A source date is the day WiT Money checked that page, not a promise the institution has not changed it since.
- Financial Sector Conduct Authority
Financial Sector Conduct Authority · checked 28 October 2026
- Budget 2026 tax guide
South African Revenue Service · checked 28 October 2026
- National Financial Ombud Scheme South Africa
National Financial Ombud Scheme South Africa · checked 29 October 2026